New Risk • Jun 04
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£4.61m market cap, or US$6.18m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). New Risk • Apr 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£4.48m market cap, or US$6.04m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Announcement • Sep 24
An undisclosed buyer entered into a sale and purchase agreement to acquire an unknown minority stake in VirtualStock Ltd from Primorus Investments plc (AIM:PRIM) for £0.72 million. An undisclosed buyer entered into a sale and purchase agreement to acquire an unknown minority stake in VirtualStock Ltd from Primorus Investments plc (AIM:PRIM) for £0.72 million on September 24, 2025. Under the terms of the sale and purchase agreement, Primorus will receive consideration of up to approximately £0.72 million which will comprise cash on completion, deferred consideration and an equity interest in the buyer. New Risk • Sep 24
New major risk - Revenue and earnings growth Earnings have declined by 34% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£4.96m market cap, or US$6.71m). Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change). New Risk • Jun 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (101% accrual ratio). Market cap is less than US$10m (UK£4.47m market cap, or US$6.14m). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Revenue is less than US$5m (UK£3.4m revenue, or US$4.7m). Announcement • Jun 13
Primorus Investments plc, Annual General Meeting, Jul 08, 2025 Primorus Investments plc, Annual General Meeting, Jul 08, 2025. Location: sackville house, 55 buckhurst avenue, kent tn13 1lz, sevenoaks United Kingdom New Risk • Feb 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (38% accrual ratio). Market cap is less than US$10m (UK£4.68m market cap, or US$5.89m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (7.3% average weekly change). Revenue is less than US$5m (UK£3.2m revenue, or US$4.0m). Announcement • Sep 20
Primorus Investments plc (AIM:PRIM) acquired an unknown minority stake in Fresho Pty Ltd for AUD 1.4 million. Primorus Investments plc (AIM:PRIM) acquired an unknown minority stake in Fresho Pty Ltd for AUD 1.4 million on September 20, 2024. A cash consideration of AUD 1.44 million valued at AUD 1.15 per share will be paid by Primorus Investments plc. For the period ending June 30, 2024, Fresho Pty Ltd reported total revenue of AUD 4 million and net loss of AUD 4.5 million. Cairn Financial Advisers LLP acted as financial advisor for Primorus Investments plc.
Primorus Investments plc (AIM:PRIM) completed the acquisition of an unknown minority stake in Fresho Pty Ltd on September 20, 2024. Announcement • Jun 06
Primorus Investments plc, Annual General Meeting, Jun 28, 2024 Primorus Investments plc, Annual General Meeting, Jun 28, 2024. Location: the offices of keystone law, 48 chancery lane, wc2a 1jf, london United Kingdom Upcoming Dividend • Mar 21
Inaugural dividend of UK£0.015 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 April 2024. This is the first dividend for Primorus Investments since going public. The average dividend yield among industry peers is 4.5%. Upcoming Dividend • Mar 14
Inaugural dividend of UK£0.015 per share Eligible shareholders must have bought the stock before 21 March 2024. Payment date: 10 April 2024. This is the first dividend for Primorus Investments since going public. The average dividend yield among industry peers is 4.5%. Announcement • Mar 12
Primorus Investments plc Announces Special Dividend, Payable on 10 April 2024 Primorus Investments plc announced on 22 February 2024, the Directors of the Company declared a special dividend of 1.5 pence per ordinary share (the "Special Dividend"), amounting to a distribution of proceeds to shareholders of approximately £2.1 million, in aggregate. The Special Dividend is expected to be paid on 10 April 2024 to shareholders on the register at 6:00 p.m. on 22 March 2024. The ordinary shares will be quoted ex-dividend on 21 March 2024. New Risk • Mar 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£6.64m market cap, or US$8.42m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). New Risk • Jan 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£5.59m market cap, or US$7.10m). Board Change • Nov 16
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Hedley Clark is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Announcement • Jun 01
Primorus Investments plc, Annual General Meeting, Jun 30, 2022 Primorus Investments plc, Annual General Meeting, Jun 30, 2022, at 08:00 Coordinated Universal Time. Board Change • Apr 27
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Hedley Clark is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Recent Insider Transactions • Jan 27
Executive Chairman recently bought UK£105k worth of stock On the 25th of January, Rupert Labrum bought around 3m shares on-market at roughly UK£0.04 per share. This was the largest purchase by an insider in the last 3 months. This was Rupert's only on-market trade for the last 12 months. Announcement • Nov 13
Primorus Investments plc Announces the Resignation of Directors Primorus Investments PLC announced the resignations of Alastair Clayton and Jeremy Taylor-Firth who step down with immediate effect as Executive Director and Non-Executive Chairman of the Company respectively. Rupert Labrum will assume the role of Executive Chairman of the Company until further notice. The board of Primorus (the "Board") is currently undertaking a strategic review of the Company and its business, which shall include a review of the current Board composition. Once the strategic review is completed, a further update will be provided. Announcement • Oct 29
Primorus Investments plc Announces Board Changes Primorus Investments plc announced that further to the announcement released by the Company on 23 September 2020, Rupert Labrum, Hedley Clark and Matthew Beardmore have been appointed to the board of the Company as Non-Executive Directors with immediate effect. Additionally, as previously announced, Donald Strang, Non-Executive Director of the Company, has resigned from the board with immediate effect. Rupert Labrum is a former investment banker, who retired after a successful career in the City of London. He was involved with Treasury and funding operations of international banks and building societies. He worked as a fund manager at Gartmore Investment Management and previously ran a proprietary derivatives trading desk at Deutsche Bank. Over the last several years, Mr. Labrum has been an active investor in multiple private and publicly quoted companies. He has held notifiable positions in several AIM-quoted companies, and is the Company's large shareholder, holding an aggregate interest in its shares of approximately 18%. Hedley Clark is a Fellow of the Institute of Chartered Accountants in England and Wales. After nine years working in private practice, the last five at KPMG, he left to take up senior financial and management roles in various companies where he gained a wealth of international business experience. This included two successful start-ups. For the last 11 years, Mr. Clark's principal role has been as the managing director of Credence Background Screening Limited, a successful background screening company which, since his initial involvement in 2009, has seen significant revenue and profits growth. Matthew Beardmore is a practicing solicitor and commercial manager. He has acted on many investments, commercial transactions, property transactions and major projects amounting to several billion pounds during his career. Mr. Beardmore was previously a non-executive director of AIM-quoted lnfraStrata plc, where he was instrumental in both completing and managing the company's EU grant applications. Announcement • Sep 24
Primorus Investments plc Announces Withdrawal of Requisition & Proposed Board Changes The board of Primorus announced that, further to the announcement of 9 September 2020, the notice of requisition of general meeting has been withdrawn. The board further announced that it has agreed with the requisitioner to appoint, subject to completion of normal regulatory due diligence checks, Rupert Labrum, Hedley Clark and Matthew Beardmore as directors of the Company (together, the "Proposed Directors"). The roles and titles of the Proposed Directors have yet to be confirmed, but it is anticipated that two of the three Proposed Directors will be non-executive directors. A further announcement confirming the appointments of the Proposed Directors on completion of the aforesaid due diligence checks and disclosing information in respect of Schedule 2(g) of the AIM Rules will be made in due course. Further, Donald Strang will resign from the board concurrent with the appointments of the Proposed Directors. Jeremy Taylor-Firth and Alastair Clayton will remain on the board as Non-Executive Chairman and Executive Director respectively. 