Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

Pristine Capital Plc / EPIC: PRIS / Market: LSE

24 February 2025

PRISTINE CAPITAL PLC

("Pristine Capital " or the "Company")

Audited final results for the year ended 31 October 2024

Pristine Capital Plc, the Main Market cash shell focusing on the real estate sector, is pleased to announce its audited financial results for the year ended 31 October 2024.

Highlights:

·    Appointment of two new directors, namely Neil Sinclair (as Executive Chairman) and Stanley Davis (as a Non-Executive director).

·    The Company changed its name from More Acquisitions Plc to Pristine Capital Plc

·    Cash reserves received a boost when £52,000 of VAT was successfully reclaimed from HMRC, on the fees paid in respect of the abortive reverse takeover in 2023. Following this, the cash position at 31 October 2024 amounted to £764,364 (at 31 October 2023: £649,265), with a current cash position of £712,303 as at 21 February 2025.

·    The Company reported a loss for the year of £284,784 (year ended 31 October 2023: loss of £463,897).

·    Net assets amounted to £788,978 as at 31 October 2024 (at 31 October 2023: £672,466).

·    Cash reserves deposited to an interest-bearing account at NatWest.

The full audited annual report and accounts for the year ended 31 October 2024 will be published on the Company's website (www.pristinecapitalplc.com) shortly.

Neil Sinclair, Executive Chairman of Pristine Capital: "We are continuing to use our extensive experience both with listed companies and in the real estate sector, to find a suitable RTO target for the Company. There have been encouraging signs over the course of the past couple of months, where we continue to see that opportunities are becoming available, that could provide the desired returns favoured by investors."

 For further information please visit www.pristinecapitalplc.com or contact:

Key Information Extracted from Annual Report and Accounts

Statement of Profit or Loss and Other Comprehensive Income

Statement of Financial Position

Statement of Changes in Equity

Share capital

Share capital represents the nominal value on the issue of the Company's equity share capital, comprising £0.01 ordinary shares.

Warrant reserve

Warrant reserve represents the fair value of warrants issued to investors and the Company's advisor at the time of listing on the Standard Segment of the Main Market of the London Stock Exchange and to investors in January 2024.

Retained earnings

Retained earnings represent the cumulative net losses of the Company recognised through the Statement of Profit or Loss and Other Comprehensive Income.

Statement of Cash Flows

**ENDS**