Regulatory News Item
Sep 28, 2015

Half Yearly Report


Paternoster is pleased to announce its unaudited interim results for the six months ended 30 June 2015.

Chairman's review

The Company made profits after tax of £274,270 for the six months ended 30 June 2015 compared to a loss of £178,281 for the same period in 2014. Paternoster's investment portfolio continues to make good progress with net assets at 30 June 2015 increasing by 10% to £3,040,522 or 0.44p per share, compared to £2,758,784 at 31 December 2014. The Company's share price at 30 June 2015, however, was 0.21p, which represents a 52% discount to the Company's underlying net asset value at that date and a 37% discount to the value of the Company's portfolio of listed investments and cash and cash equivalents (excluding the Company's other assets).

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