ZimNRG plc
LSE : ZIMO

December 05, 2014 08:51 ET

Zim NRG Plc (the "Company") Un-Audited Interim Results to 31 August 2014

FOR:  ZIM NRG PLC


December 5, 2014

Zim NRG Plc (the "Company") Un-Audited Interim Results to 31 August 2014

CHAIRMAN'S STATEMENT:

Zim NRG plc

Unaudited Interim Accounts for the period to 31st August 2014 half year report

Unaudited Interim Accounts for the period to 31st August 2014

The Directors of Zim NRG plc ("the Company") announce the interim un-audited results for the six months' ended 31 August
2014.

The continuing intention of Zim NRG plc is to invest in or acquire assets, joint ventures, businesses or companies
across all sectors relating to natural resources and energy that are based in, or have their Headquarters in, Zimbabwe
and the southern sub-Saharan African region.

Your directors continue to be optimistic about the longer term opportunities for Zimbabwe and the southern African
region and for your Company; and continue to actively seek out opportunities that meet the Company's strategic
objectives.

The Directors do not recommend the payment of a dividend.

The Directors have agreed to continue to waive their fees as previously announced.

Christopher Latilla-Campbell

DIRECTOR

5 DECEMBER 2014

ACCOUNTS FOR THE SIX MONTHS TO 31ST AUGUST, 2014

/T/

PROFIT & LOSS ACCOUNT
for the period to 31 August, 2014
                                                                   GBP

Unrealised Foreign Exchange Gains                                  737
Interest receivable                                                  0
Salaries & fees                                                      0
Printing                                                             0
Legal & Professional Fees                                     (18,079)
Travelling and Research                                          (897)
General Expenses                                               (1,864)
                                                       ---------------

Loss for the Period                                           (20,103)
                                                       ---------------


BALANCE SHEET
AT 31 August, 2014
                                                                   GBP
Employment of Capital

Current Assets

Bank Balances                                                  148,812
Debtors                                                         15,015
                                                       ---------------

                                                               163,827
Current Liabilities
Creditors                                                          379
                                                       ---------------

                                                               163,448
                                                       ---------------


Capital Employed

Share Capital                                                  241,660
Share Premium                                                  667,260
Profit & Loss Account                                         (20,103)
Prior year reserves                                          (725,369)
                                                       ---------------

                                                               163,448
                                                       ---------------


Shares in Issue at 30th November 2014                     (48,332,003)

/T/

The Directors of the Company accept responsibility for the contents of this announcement.


FOR FURTHER INFORMATION PLEASE CONTACT:

ZimNRG PLC
Christopher Latilla-Campbell,
Managing Director
01403-738 555

OR

Advisor
Frank Lucas / Peter Freeman
Loeb Aron & Company Ltd.
0207 628 1128

Contact Information

  • ZimNRG plc