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Greener House Investments plc (GHIP)

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Thursday 21 February, 2008

Greener House Investments plc

Interim Results

Greener House Investments plc

Interim results for the period ended 30 November 2007

Greener  House Investments plc (PLUS: GHIP) ("GHI" or the "Company"), a  special
purpose acquisition company established to make an acquisition in the healthcare
industry, announces its maiden interim results since being admitted to  PLUS  on
29 October 2007.

Six months highlights

  -    £471,500 raised by private placing
  -    Company actively seeking reverse take-over candidates
  -    Loss for the period £8,287

Jonathan Metliss, Chairman, commented: "We know that it is attractive to have  a
SPAC  with  cash  resources available as a means to go  public  in  the  current
environment.  We have set high acquisition criteria and are seeking  a  suitable
acquisition target which we hope to identify soon."

20 February 2008

Enquiries:

Greener House Investments plc           020 7451 7050
Jonathan Metliss, Chairman

Daniel Stewart & Co Plc
Stewart Dick                            020 7776 6550

The  directors  of  Greener House Investments plc take responsibility  for  this
announcement.


Greener House Investments plc

Chairman's Statement

Greener House Investments plc (PLUS: GHIP) ("GHI" or the "Company") presents its
first  interim results in respect of the period from the company's establishment
on 8 May 2007 to 30 November 2007.

The  Company raised £471,500 in private placings before admission of  its  share
capital to trading on the PLUS Market on 29 October 2007.

GHI is a special purpose acquisition company established to acquire a company or
business in the healthcare sector.

The  directors are seeking a suitable acquisition in exchange for the  issue  of
shares  of  GHI in a single transaction, thus effecting a reverse  takeover  and
giving to the acquired company a PLUS Markets listing and control of GHI's  cash
resources.

The  acquisition  criteria  are  that the target  should  be  operating  in  the
healthcare  sector,  entirely  or principally in  the  UK,  revenue  generating,
profitable, capable of substantial growth, and with an acceptable risk profile.

So  far  the  directors  have considered in excess of 20 propositions  including
medical  devices, medical services, imaging, aesthetic treatments,  exploitation
of  intellectual  property,  care provision, property,  and  employment  agency.
However  none  has  so  far  met  all  of  the  acquisition  criteria  nor  been
sufficiently attractive in the opinion of the directors to be acquired.

A  number of potential acquisitions remain under consideration and the directors
and  their advisers are actively seeking other opportunities. The directors will
inform  the  shareholders when an opportunity is identified which the  directors
consider to be acceptable.

In  the period ended 30 November 2007 the Company earned no revenues and the net
loss  for  the  period  amounted to £8,287. The net assets  at  that  date  were
£390,017  with  cash and cash equivalents of £423,992. The Company  retains  its
cash   resources  on  treasury  fund  deposits  pending  implementation  of   an
acquisition.

Jonathan Metliss
Chairman

20 February 2008.

Greener House Investments plc

Interim results from incorporation on 8 May 2007 to 30 November 2007

                                     Unaudited
                                  Period ended
                                   30 November
                                          2007
                                             £
Turnover                                     -
Operating expenses                      13,110
                                      ________
Operating loss                        (13,110)
Interest receivable less payable         4,823
                                      ________
Loss  before tax and retained          (8,287)
for the period                        ________


 Balance Sheet as at 30 November 2007
                                     Unaudited
                                         as at
                                   30 November
                                          2007
                                             £
ASSETS
Current assets
Cash and cash equivalents              423,992
Prepayments                              1,036
                                      ________
                                       425,028
Current liabilities
Trade creditors due within 1 year       35,011
                                      ________
                                       390,017
                                      ________

EQUITY
Capital and reserves
Share capital (Note 1)                 100,025
Share premium (Note 2)                 289,279
Profit & loss account                  (8,287)
                                      ________
Shareholders' funds                    390,017
                                      ________


Notes to the accounts:

  (1)  Share capital
   Authorised: 250,000,000 Ordinary shares of 0.1p each    £250,000
   Issued: 100,025,000 Ordinary shares of 0.1p each        £100,025

  (2)  Share premium account
   Premium on share capital                                £371,475
   Less share issue costs                                   £73,196
                                                           ________
                                                           £298,279
                                                           ________

(3)The  above  financial information for the period ended 30 November  2007  has
   not  been  audited or reviewed by the Company's auditors as the  Company  has
   not  made  any  investments and there has been no significant change  to  the
   accounts published in the admission document dated 15 October 2007.                                                                                                                                                                                                                                                              

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