December 25, 2014 4:43 AM ET

Capital Markets

Company Overview of Longships PLC

Company Overview

As of August 23, 2013, Longships PLC was acquired by Proxama Ltd., in a reverse merger transaction. Longships Plc invests in strategic and/or special situations of unquoted companies or businesses that are seeking a public quotation. The company was incorporated in 2007 and is based in London, the United Kingdom.

18 Pall Mall

4th Floor

London,  SW1Y 5LU

United Kingdom

Founded in 2007

3 Employees

Phone:

44 20 7389 5017

Key Executives for Longships PLC

Longships PLC does not have any Key Executives recorded.

Longships PLC Key Developments

Proxama PLC to Develop NFC Solution for the Isis Mobile Commerce Platform

Proxama PLC announced that the company will work with Isis, the mobile commerce joint venture created by AT&T Mobility, T-Mobile USA and Verizon Wireless, to develop the Isis Mobile Wallet® application for NFC-enabled devices using the BlackBerry 10 operating system platform.

Longships PLC Announces Unaudited Earnings Results for Six Months Ended June 30, 2013

Longships PLC announced unaudited earnings results for six months ended June 30, 2013. For the period, the company reported revenue of £344,344 against £808,911 a year ago. Operating loss was £1,348,949 against £581,763 a year ago. Loss on ordinary activities before taxation was £1,358,086 against £583,496 a year ago. Loss for the period attributable to equity holders of the company was £1,277,307 or £0.0596 per basic and fully diluted share against £476,747 or £0.0282 per basic and fully diluted share a year ago. Net cash used in operating activities was £1,060,778 against £629,733 a year ago. Purchase of intangible assets was £256,131 against £2,614 a year ago. Purchase of property, plant and equipment was £13,021 against £48,808 a year ago.

Longships PLC Announces Board Changes

Longships PLC announced that Nathan Steinberg and Malcolm Burne have resigned from the board of directors, such resignations to take effect on re-admission. The board of the company on re-admission will consist of David Bailey, Dr. Neil Garner, Miles Quitmann, Coen van Breda and Gavin Breeze.

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