Sport Capital Group PLC 
                   ("Sport Capital Group" or the "Company") 
                   Interim Results and Directors' Statement 
               For the period from 1st January to 30th June 2019 
Sport Capital Group announces the unaudited interim results of the for the 
first half of the current financial year. The financial statements which follow 
have not been reviewed by the Company's auditors. 
The Company made a pre-tax loss of GBP73,331 (period ended 30th June 2018 - (GBP 
22,396)) resulting in a net loss of GBP59,361; cash at bank at the period's end 
was GBP21,697 (period ended 30th June 2018 - GBP48,598). During the period, GBP60,000 
before expenses were raised from the issuance for cash of new shares. 
The Company previously announced that, at the beginning of the period under 
review, it had acquired for a nominal sum a controlling interest in a European 
professional soccer club and that, on subsequent investigation into the 
investment, it had decided to exit that investment at no loss to the Company's 
capital account. All costs associated with the transaction were settled during 
the period under review and are reflected in the financial statements presented 
below. The Directors are satisfied that no residual or contingent liabilities 
as a result of the Company's purchase and sale of this investment are liable to 
arise at a future date. 
In August of 2018, the Company announced that it had made an investment 
Kalahari Key Metals Exploration (Pty) Limited ("KKME"), a battery minerals 
exploration company, which explores in Botswana for nickel ("Ni.") and platinum 
group elements ("PGE"). KKME holds two prospecting licences within the Molopo 
Farms Complex, a large intrusion with proven potential for Ni. and PGE, 
straddling the border of Botswana and the Republic of South Africa. During the 
first half of the current year the Company made a follow-on investment, 
participating in a capital increase by KKME after positive results from an 
airborne survey of that company's licence areas, which was conducted in 2018. 
Late in 2018, Mr. John Treacy joined the Board of Sport Capital Group to 
represent the interests of an incoming shareholder to which the Company had 
agreed to issue new shares that were allotted in January 2019. With effect from 
the Company's last AGM on 28th June 2019, Mr. Treacy stepped down as a Director 
and I thank him for his contribution. I was able on the same occasion to 
welcome back to the Board Mr. Mark Jackson. 
The Company continues to seek prospective opportunities to this end, several 
potentially attractive investments are undergoing preliminary analysis and 
evaluation. The Directors look forward to informing shareholders and the market 
if, as and when such an opportunity crystallises. 
Chairman and Chief Executive Officer, 
London, 23rd July 2019 
Condensed Profit and Loss Account for the year 
ended 30 June 2019 
                                                       2019           2018 
                                                          GBP              GBP 
Revenue                                              10,090          4,106 
Operating expenses                                 (78,421)       (25,981) 
Operating loss                                     (68,331)       (21,875) 
Interest payable                                    (5,000)          (521) 
Loss on ordinary activities before taxation        (73,331)       (22,396) 
Corporation tax                                      13,970              - 
Total comprehensive loss for the period 
attributable to members                            (59,361)       (22,396) 
Condensed Balance Sheet 
as at 30 June 2019 
                                                                  30-Jun 2018 
                          Notes                 2019 
                                                   GBP                        GBP 
Fixed assets 
Tangible assets               2              204,436                  202,383 
Investments                   3               65,250                   45,725 
                                             269,686                  248,108 
Current assets 
Debtors                                       65,936                      524 
Cash at bank and in hand                      21,697                   48,598 
                                              87,633                   49,122 
Creditors: amounts 
falling due 
within one year                            (117,026)                (106,627) 
Net current liabilities                     (29,393)                 (57,505) 
Net assets                                   240,293                  190,603 
Capital and reserves 
Called up share capital                      118,567                   97,990 
Share premium                                367,149                  293,098 
Profit and loss account                    (245,423)                (200,485) 
Shareholders' funds                          240,293                  190,603 
Condensed Statement of Changes in Equity for the year ended 30 June 2019 
                                  Share     Share     Profit        Total 
                                capital   premium    and loss 
                                      GBP         GBP           GBP           GBP 
At 1 January 2018                62,190   174,116   (178,089)      58,217 
Loss for the period                   -         -    (22,396)    (22,396) 
Shares issued                    35,800   118,982                 154,782 
At 30 June 2017                                                   190,603 
                                 97,990   293,098   (200,485) 
At 1 July 2018                   97,990   293,726   (186,062)     205,654 
Loss for the financial year           -         -    (59,361)    (59,361) 
Shares issued                    20,577    73,423           -      94,000 
At 30 June 2019                                                   240,293 
                                118,567   367,149   (245,423) 
Sport Capital Group PLC Condensed cash flow 
as at 30 June 2019 
                                                           2019               2018 
                                                              GBP                  GBP 
Cashflows from operating activities 
Operating loss                                         (73,331)           (22,396) 
Depreciation                                                  -              2,053 
Movement in working capital: 
(Increase)/ decrease in trade and other                 (1,763)             19,560 
(Decrease)/ increase in trade and other payables 
                                                            855          (159,427) 
Cash used in operations                                (74,239) 
Investing activities 
Payments to acquire investments 
                                                          7,840             45,725 
Financing activities 
Loan finance raised                                           -            100,000 
Net share proceeds in period                             94,000            154,261 
                                                         94,000            254,261 
Increase/(Decrease) in cash and cash equivalents         11,921             48,326 
Cash and cash equivalents at beginning of the             9,776                272 
Cash and cash equivalents at end of the period 
                                                         21,697             48,598 
1Financial information 
The financial information set out above does not constitute statutory accounts 
within the meaning of Section 434 of the Companies Act 2006. It has been 
prepared on a going concern basis in accordance with the recognition and 
measurement criteria of the IFRS as adopted by the European Union. 
The accounting policies used in the preparation of this set of condensed 
interim financial are consistent with those set out in the Company's annual 
financial statements for the year ended 31 December 2018 and those that will be 
used in the preparation of the financial statements for the year ended 31 
December 2019. Statutory accounts for the year ended 31 December 2018 were 
approved by the board of directors on 30 May 2019 and delivered to the 
Registrar of Companies. The report of the auditor on those financial statements 
was unqualified. 
The financial information for the period ended 30 June 2019 has not been 
audited or reviewed. As permitted the Company has chosen not to adopt IAS34 
'Interim Financial Statements' in preparing this financial information. 
Going concern 
The directors, having made appropriate enquiries, consider that adequate 
resources exist for the Company to continue in operational existence for the 
foreseeable future, therefore, it is appropriate to adopt the going concern 
basis in preparing the condensed interim financial statements for the period 
ended 30 June 2019. 
2Tangible fixed assets 
Cost                                                                 Freehold property 
At 1 January 2019                                                               205363 
At 30 June 2019                                                                 205363 
At 1 January 2019                                                                  927 
At 30 June 2019                                                                    927 
Net book value 
At 30 June 2019                                                                 204436 
At 1 January 2019                                                               204436 
Cost                                                                 Other investments 
At 1 January 2019                                                                57410 
Additions                                                                         7840 
At 30 June 2019                                                                  65250 
The investment consists of a 15% share holding in Mighty Oak Exploration 
Limited, a company with exploration licences for cobalt and lithium projects in 
Uganda, and 2.4% in KKME, a battery metals exploration company with licences in 
Botswana prospecting for nickel and platinum within the Molopo Farms complex. 
4Earnings per share 
The calculation of basic earnings per share is based on the loss attributable 
to ordinary shareholders divided by the weighted average of ordinary shares in 
issue being 108,278,389 during the period. This results in a loss per share of 
0.05p (2018 - nil). 
5Directors remuneration 
the directors will not be remunerated until such time as the net assets of the 
company exceed 
Sales                                                  10090             4106 
Administrative expenses                               -78421           -25981 
Operating loss                                        -68331           -21875 
Gain on revaluation of investments                         0                0 
Interest payable                                       -5000             -521 
Loss before tax 
                                                      -73331           -22396 
Property income                                                   10090                        4106 
Administrative expenses 
Premises costs: Service charges 
                                                                    347                         678 
Insurance                                                             0                         814 
Depreciation                                                                                   2053 
                                                                    347                        3545 
General administrative expenses: 
NEX Exchange fees                                                  3400                        3575 
Share registrars                                                   1792                        1490 
Company secretarial fees                                            912                         725 
Bank charges                                                         67                         112 
RNS fees                                                            600                         334 
Corporate adviser                                                 19000                        1750 
Website and IT                                                      330                         290 
                                                                  26101                        8276 
Legal and professional costs: 
Audit fees                                                         3250                       1,750 
CPR                                                                   0                       12410 
Advertising and PR                                                 8500                           0 
Other legal and professional                                      40223 
                                                                  51973                      14,160 
                                                                  78421                       25981 
This announcement has been made after due and careful enquiry and the Directors 
of Sport Capital Group plc accept responsibility for the content. 
Sport Capital Group plc: 
Simon Grant-Rennick: +44 (0) 797 325 3124; sgrelk7@gmail.com 
Keith, Bayley, Rogers & Co. Limited: 
Graham Atthill-Beck: +44 (0) 20 7464 4091; +971 (0) 50 856 9408; +44 (0) 750643 
4107; Graham.Atthill-Beck@kbrl.co.uk 
Brinsley Holman: +44 (0) 20 7464 4098; Brinsley.Holman@kbrl.co.uk 

(END) Dow Jones Newswires

July 24, 2019 03:15 ET (07:15 GMT)

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