REG-Plus Investors Plc: Interim Results

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Wed Jun 24, 2009 3:00am EDT

24/06/2009

                      PLUS INVESTORS PLC ("The Company")                       

                           UNAUDITED INTERIM RESULTS                           
                  FOR THE SIX MONTHS PERIOD TO 31 MARCH 2009                   

Chairman's Statement

The interim results to end March 2009 carry the costs of changing the Company's
operations. We are now concentrating on researching and investing in
PLUS-quoted securities, whilst awaiting an upturn in market activity,
especially new issues, which we anticipate could occur this Autumn/Winter.

Mark Watson-Mitchell
Executive Chairman

PLUS INVESTORS PLC
Interim financial statements for the six months to 31 March 2009.

Profit & Loss Account

                                                     6 months        6 months  
                                                     ended 31        ended 31  
                                                    March 2009      March 2008 
                                                                               
                                                     GBP '000        GBP '000  
                                                                               
Turnover                                                      -               -
                                                                               
Administration costs                                       (85)            (80)
                                                                               
Operating loss                                             (85)            (80)
                                                                               
Interest received                                             2               9
                                                                               
Loss on ordinary activities before taxation                (82)            (71)
                                                                               
Taxation                                                      -               -
                                                                               
Loss after taxation                                        (83)            (71)
                                                                               
Basic loss per share                                    (0.16)p         (0.13)p



Balance Sheet as at 31 March 2009

                                                     31.03.2009      31.03.2008 
                                                                               
                                                       GBP '000        GBP '000  
                                                                               
Fixed assets:                                                                  
                                                                               
Investments                                                  77              40
                                                                               
Current assets:                                                                 
                                                                               
Debtors & prepayments                                         6              56
                                                                               
Cash at bank                                                 99             275
                                                                               
Total current assets                                        105             331
                                                                               
Creditors: amounts falling due within one year              (5)             (5)
                                                                               
Net current assets                                          100             326
                                                                               
Total assets less liabilities                               177             366
                                                                               
Capital & reserves                                                             
                                                                               
Share capital                                               266             266
                                                                               
Share premium                                               349             348
                                                                               
Profit & loss account                                     (438)           (248)
                                                                               
Total shareholders' funds                                   177             366
                                                                               

Notes

1.  The financial information contained in this statement does not constitute  
                                                                               
    statutory accounts as defined in section 240 of the Companies Act 1985.    
    These statements, which are unaudited, have been prepared under the        
    historical cost convention. The financial information has not been reviewed
    by the Company's auditor.                                                  

2.  A provision for taxation has not been made as the Company made a loss      
                                                                               
    for the period.                                                            

3.  The loss per share is based on a loss of £82,976 (2008: £71,171) and on    
    53,262,500 (2008: 53,262,500) of weighted average ordinary shares in issue 
    during the period.                                                         

4.  Investments are stated at the lower of cost and net realisable value.    

The directors of the Company assume responsibility for this announcement.

CONTACT DETAILS:

COMPANY                              Tel: 020 7638 8750
Plus Investors Plc
Mark Watson-Mitchell

CORPORATE ADVISER                    Tel: 020 7562 3373
Rivington Street Corporate Finance
Leo Godsall                Eran Zucker
Leo@rs-cf.com              Eran@rs-cf.com

END
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