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Pristine Capital Plc Reports Interim Loss and Announces Major Acquisition Plans

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Pristine Capital Plc Reports Interim Loss and Announces Major Acquisition Plans

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An update from More Acquisitions PLC ( (GB:PRIS) ) is now available.

Pristine Capital Plc announced its unaudited interim results for the six months ending April 30, 2025, reporting a loss of £98,902. The company has signed non-binding heads of terms for a proposed £20 million acquisition of a regional property portfolio in the UK, which is expected to be financed through a mix of equity and debt. This acquisition could lead to the company moving its shares from the Main Market to AIM, reflecting a strategic shift to enhance market positioning and attract investment. Despite a loss, the company remains optimistic about the macroeconomic environment and its potential for growth.

More about More Acquisitions PLC

Pristine Capital Plc is a cash shell company listed on the London Stock Exchange, focusing on the real estate sector. It aims to identify and execute reverse takeovers by acquiring distressed commercial property portfolios or significant single assets.

Average Trading Volume: 1,490,618

Technical Sentiment Signal: Sell

For an in-depth examination of PRIS stock, go to TipRanks’ Overview page.

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