UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS TO 28TH

ECOVISTA PLC

UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS TO 28^TH FEBRUARY 2017

CHAIRMAN'S STATEMENT

I have great pleasure in making my first Chairman's statement since the departure of our former chairman Luca Tenuta. I would like to take this opportunity to thank him for his service to the Company.

The unaudited financial results for the period to 28^th February 2017 show a loss of GBP 87,453 (30 June 2016: £206,791).

CASH FLOW AND FUNDING

Cash in hand at 28^th February 2017 of £50,813, which together with the capital raised post this financial period, under analysis adequately covers routine running expenses

Since the year end we have raised GBP 470,000 in by way of two one year convertible loan notes.

OUTLOOK

In December 2016, the company received revised planning permission for the property at 100 Rye Street for a Five Bedroom 4,500 sq. ft. property. The demolition has been completed and building works are commencing in early June.

The company is also looking at a number of other sites and I hope to report on their progress shortly.

The company is also looking to secure further funding in order to exercise our option on Cignella Srl at current values we believe there is significant profit potential in owning this complex.

The directors are also actively seeking further property investments - commercial and residential in the UK to enhance shareholder value. We thus look to the future with confidence.

Louise Stokely
Chairman

31 May 2017

ECOVISTA PLC
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
FOR THE PERIOD ENDED 28 FEBRUARY 2017
		Interim Accounts		Interim Accounts
		Six Month Period	Financial Statements	Six Month Period
		Ended	Fourteen Months Ended	Ended
		28th February	31st August	30th June
		2017	2016	2016
		GBP	GBP	GBP

	Revenue	4,950	5,142	5,142

	Cost of sales	-	-	-

	Gross Profit	4,950	5,142	5,142

	Administrative expenses	(92,403)	(221,678)	(211,937)

	Bank Interest received			4

	Loss before tax	(87,453)	(216,536)	(211,933)

	Taxation	-	-	-

	Loss for the period	(87,453)	(216,536)	(206,791)

		3,590,315,700	3,590,315,700	3,590,315,700

		(0.002p)	(0.006p)	(0.006p)

ECOVISTA PLC
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
FOR THE PERIOD ENDED 28 FEBRUARY 2017

		Interim Accounts	Financial Statements	Interim Accounts
		Six Months Ended	Fourteen Months Ended	Six Months Ended
		28th February	31st August	30th June
		2017	2016	2016
		GBP	GBP	GBP

	Fixed Assets
	Freehold Property	1,165,000	1,165,000	1,165,000
	Fixed Asset Investments	760,794	760,794	661,961
	Goodwill on Consolidation	1,745	1,745	2,416
		1,927,539	1,927,539	1,829,377
	Current Assets
	Debtors	59,999	72,124	192,076
	Prepayments	1,850	-	5,750
	Bank and cash	50,813	31,822	31,822
		112,662	103,946	229,648
	Current Liabilities
	Amounts falling due within 1 year	(115,208)	(119,104)	(119,104)

	Net current assets	(2,546)	(15,158)	110,544

	Convertible loan	(184,645)	(184,645)	(178,000)
	Other Loan	(100,066)	-	-

	Net assets	1,640,282	1,727,736	1,761,921

	Equity
	Issued share capital	163,190	163,190	163,190
	Share premium	2,343,045	2,343,045	2,343,045
	Other reserve	22,000	22,000	22,000
	Profit and loss	(887,952)	(800,499)	(766,314)
		1,640,282	1,727,736	1,761,921

The Directors of the Company accept responsibility for this announcement.

FOR FURTHER INFORMATION PLEASE CONTACT:

Ecovista PLC
Louise Stokely
100 Rye Street
Bishops Stortford
CM23 2HH
Telephone 01279 654151

NEX EXCHANGE CORPORATE ADVISER:
Alexander David Securities Limited
David Scott -Corporate Finance
James Dewhurst - Institutional Sales
Telephone: +44 (0) 20 7448 9820
http://www.ad-securities.com
49 Queen Victoria Street, London EC4N 4SAAlexander David

UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS TO 28TH FEBRUARY 2017