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Early Equity Plc (EEQP)

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Friday 30 May, 2014

Early Equity Plc

Half-yearly Report

                               EARLY EQUITY PLC                                
                       ("Early Equity" or the "Company")                       

                                INTERIM RESULTS                                

Chairman's Statement

I am pleased to present the unaudited interim results for the Company for the
six month period ended 28th February 2014.

Results and Review of Business

The loss for the period was £49,264 (2013: £86,799) representing a loss per
share of 0.02p (2013: 0.04p). Although the accounts show a loss for the period,
the Board has made a conscious effort to reduce the Company's overheads from £
81,123 for the same period in 2013, to £49,196.

The Company continues to hold shares in Tangibal Group Plc (quoted on the
Frankfurt Börse) and Alpha Prospects Plc (quoted on GXG Markets), however there
have been no new investments in the period under review.

Post Balance Sheet Events

Following the period under review, Chua Siew Lian (Edwin Chua) has joined the
Board and Lim Hui Jie has stepped down from the Board.


The Company continues to seek acquisitions that meet its investment criteria
and expects to raise additional funds in due course in order to implement its

Christopher Neo
Executive Director
30 May 2014


                                             6 months to       6 months to   
                                           28 February 2014  28 February 2013
CONTINUING OPERATIONS                            GBP               GBP       
TURNOVER                                          -                 0        
OTHER INCOME                                      1                 4        
ADMINISTRATIVE EXPENSES                        (49,196)          (81,123)    
OTHER OPERATING EXPENSES                         136             (5,462)     
FINANCE COSTS                                   (205)             (218)      
(LOSS) BEFORE TAX                              (49,264)          (86,799)    
INCOME TAX                                        -                 0        
(LOSS) FOR THE YEAR / PERIOD                   (49,264)          (86,799)    
OTHER COMPREHENSIVE INCOME / (LOSS)                                          
Loss on fair value changes of                     -                 -        
available-for-sale financial assets                                          
Reclassification of fair value gain on            -                 -        
of available-for-sale financial assets                                       
OTHER COMPREHENSIVE INCOME / (LOSS) FOR           -                 -        
THE YEAR / PERIOD                                                            
TOTAL COMPREHENSIVE LOSS FOR THE YEAR /      (GBP 49,264)      (GBP 86,799)  
BASIC AND DILUTED LOSS PER SHARE              GBP(0.02)p        GBP(0.04)p   

AS AT 28 FEBURARY 2014                                                                             

                                      6 months to           6 months to                   
                                      28 February 2014      28 February 2013                
                                            GBP              GBP      
Available-for-sale financial assets       132,911          188,400    
CURRENT ASSETS                                                        
Trade and other receivables                12,878           4,432     
Cash and cash equivalents                  73,426          106,266    
                                           86,304          110,698    
CURRENT LIABILITIES                                                   
Trade and other payables                  (23,176)         (6,205)    
Unsecured loan                            (78,117)            -       
                                         (101,294)         (6,205)    
NET CURRENT ASSETS / (LIABILITIES)        (14,990)         104,493    
NET ASSETS                              GBP 117,921      GBP 292,893  
Share capital                             424,623          422,123    
Share premium                             211,090          206,090    
                                          635,713          628,213    
Fair value reserve                         8,825              -       
Accumulated losses                       (526,617)        (335,320)   
SHAREHOLDERS FUNDS                      GBP 117,921      GBP 292,893  

The interim financial information for the six months ended 28 February 2014 is
neither audited nor reviewed, but has been prepared in accordance with the
accounting policies set out in the Company's annual report and accounts for the
year ended 31 August 2013.

The Directors of the Company accept responsibility for the announcement.



Early Equity Plc
Greg Collier
Tel: +44 (0)7830 182501

Peterhouse Corporate Finance Limited
Fungai Ndoro and Mark Anwyl
Tel: +44 (0)20 7469 0934

a d v e r t i s e m e n t