#ELEG Electric Guitar PLC – Half-year Financial Report January 2, 2026 – Posted in: Electric Guitar Plc (ELEG) – Tags: , , , , , ,

Electric Guitar plc (AIM:ELEG), announces its unaudited interim results for the six months ended 30 September 2025.

 

Highlights

·    £1.4m liabilities derecognised following the Company Voluntary Arrangement (‘CVA’) becoming unconditional

·    £0.9m net profit for the period as a result of the derecognition of the CVA liabilities

·    Trading in the Company’s shares restored on 2 April 2025 following initial £0.3m recapitalisation

·    £0.8m further equity placing on 18 June 2025

·    Trading in the Company’s shares suspended again from 25 June 2025 pending new reverse takeover (‘RTO’)

·    Agreement in principle announced on 18 July 2025 to acquire Dunbar Energy Inc. (‘Dunbar’)

·    £0.5m cash at bank at 30 September 2025 to cover further anticipated RTO costs and overheads

 

Post balance sheet events

·    CVA completed on 8 October 2025, with ‘debt for equity’ shares issued on 13 October 2025 in exchange for the £1.4m of liabilities and the remaining £45k of convertible loans

·    Proposed Dunbar RTO discussions continue with a view to completion in Q1 2026

 

Contacts:

 

Electric Guitar PLC

Richard Horwood

 

info@electricguitarplc.com

Allenby Capital (Nominated Adviser and Joint Broker)

Jeremy Porter / Piers Shimwell (Corporate Finance)

Amrit Nahal / Kelly Gardiner (Equity Sales & Corporate Broking)

 

020 3328 5656

 

AlbR Capital (Joint Broker)

Jon Belliss / Colin Rowbury

020 3026 0320

 

 Link here to view the full announcement