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Opportunistic acquisition company Summerway Capital booked a first-half loss of £115k, mostly owing to costs related to its initial public offering in October.
As at 28 February, Summerway held £5.7m in cash.
'Against the backdrop of Brexit, we continue to pursue our investment strategy since admission to trading on AIM on 19th October 2018,' chairman Alexander Anton said.
'We have identified a number of potential acquisition opportunities which we hope to progress in the year ahead.'
'We look forward to updating shareholders further in due course.'