CODEX ACQUISITIONS PLC

Interim / Quarterly Report • Sep 29, 2023

Codex x Acquisitio ons plc

("Codex x" or the "Co mpany")

Unau 3udited Half-Y Year Results s for the Six x Months En ded 30 June e 2023

Codex A June 20 Acquisitions 023. plc (LON:CO ODX) announ nces its unau udited interim m results for the six mon nths to 30

- Ends -

For furth her informatio on please co ontact:

Codex A Acquisitions s plc Julio Pere info@cod +44 (0)20 ez explc.com 8682 0582

About C Codex Acqu uisitions plc

Codex A targets i Acquisitions in the clean a plc is a spec and renewab cial purpose ble energy se acquisition c ector. company (SP PAC) seekin ng suitable ac cquisition

Codex A energy s to achie carbon e Acquisitions sector, and b eve attractive emissions. plc is active believes that e long-term ly seeking to t renewable investment o partner wit energy inves yield whilst th sector-lead stments is a making a m ding compan n asset class major contrib nies in the re s where it is bution to low enewable s possible wer global

Codex A to socie Social a selecting Acquisitions ety, benefittin and Governa g possible in plc is seekin ng all stake nce (ESG) c nvestment op ng to deliver eholders and consideration pportunities. not only fina d fostering lo ns are import ancial perform ong-term su tant factors t mance, but a stainable gr hat will guide a positive co rowth. Envir e the Compa ntribution onmental any when

The Com mpany is sup pported by its s financial ad dviser, Code x Capital Pa rtners Limite ed.

For furt Prospec ther informa ctus to be fou ation on the und at http://w e Company, www.codexp , please vis plc.com/inves sit www.code stors-2. explc.com, w with the Co ompany's

Forward d-looking st tatements

Certain stateme operatio stateme ''plans'', Such for factors t different forwardregardin operate announc statements ents include ons and perfo ents. The Co ''may'', ''wil rward-lookin that could ca t from any -looking stat ng present a in the fut cement. The in this anno statements ormance of mpany uses l'', ''should'', g statements ause the Com future resul tements. Suc and future b ure. These e Company is ouncement c s concerning the Compan the words '' and any sim s involve kno mpany's actu lts, performa ch forward-lo usiness stra forward-loo s not obliged constitute ''fo g the plans ny and the a 'anticipates'', milar expres own and unk ual results, pe ances or ac ooking state ategies and oking statem d, and does n orward-looki s, objectives assumptions , ''estimates'' ssions to ide known risks, erformances chievements ments are b the environm ments speak not intend, to ng statemen s, goals, st underlying t ', ''expects'', entify forward uncertainties or achievem expressed based on nu ment in whic k only as a o update or t nts''. Forwar trategies an these forwar ''believes'', ' d-looking sta s and other i ments to be m or implied umerous ass ch the Com at the date to revise any rd-looking nd future rd-looking 'intends'', atements. important materially by such umptions pany will e of this y forwardlooking statements, whether as a result of new information, future events or otherwise except to the extent required by any applicable law or regulation. All subsequent written or oral forward-looking statements attributable to the Company, or persons acting on behalf of the Company, are expressly qualified in their entirety by the cautionary statements contained throughout this announcement. As a result of these risks, uncertainties and assumptions, a prospective investor should not place undue reliance on these forward-looking statements.

CHAIRMAN'S STATEMENT

I am pleased to announce the Company's interim results for the period ended 30 June 2023.

Financial review

The Company incurred a loss of £29,000 in the period (£206,000 for the period 11 October 2021 to 30 June 2022). The majority of this comprises the expenditure relating to maintaining the Company's listing on the standard segment of the Official List of the Financial Conduct Authority (a "Standard Listing") and to trading on the main market for listed securities of London Stock Exchange plc ("Main Market").

The Company had a cash position of £604,000 as at 30 June 2023 (£654,000 at 30 June 2022). The Company had a basic loss per share of 0.003p.

Outlook

The Company's near-term goal remains focused on evaluating opportunities to acquire and to ultimately undertake one or more acquisitions in the clean and renewable energy sector.

On behalf of the board of directors of the Company (the "Board" or "Directors"), I would like to take this opportunity to thank our staff and advisers for their hard work as well as our shareholders for their continued support.

We look forward to updating shareholders on our progress in due course.

James Lawson-Brown

Chairman

STATEMENT OF DIRECTORS' RESPONSIBILITIES IN RESPECT OF THE CONDENSED INTERIM REPORT AND CONDENSED FINANCIAL STATEMENTS

The Directors, being James Lawson-Brown, Julio Perez and Kate Osborne (all statutory nonexecutive), confirm that the condensed interim financial information has been prepared in accordance with International Accounting Standard 34, 'Interim Financial Reporting', as adopted by the UK and that the Interim Report includes a fair review of the information required by DTR 4.2.7R and DTR 4.2.8R, namely: an indication of important events that have occurred during the period and their impact on the condensed interim financial information, and a description of the principal risks and uncertainties for the remaining six months of the financial year; and material related-party transactions in the period.

By order of the Board

Julio Perez

Director

STATEMENT OF COMPREHENSIVE INCOME

		6 months ended 30 June	11 October 2021 to 30 June
		2023	2022
	Notes	(Unaudited)	(Unaudited)
		£	£
Administrative expenses	5	(29,352)	(206,444)
Finance costs		-	-
Loss before taxation		(29,352)	(206,444)
Income tax expense		-	-
Loss for the period attributable to equity holders of the parent company		(29,352)	(206,444)
Total comprehensive loss for the period		(29,352)	(206,444)
Earnings per share
Earnings per share attributable to the equity holders (pence)		(0.003)	(0.2)

STATEMENT OF FINANCIAL POSITION

Assets	Notes	At 30 June 2023 (Unaudited) £	At 30 June 2022 (Unaudited) £
Current assets
Cash and cash equivalents		604,751	653,586
Total current assets		604,751	653,586
Total assets		604,751	653,586
Liabilities
Current liabilities
Trade and other payables		51,540	10,030
Total current liabilities		51,540	10,030
Total liabilities		51,540	10,030
Capital and reserves attributable to shareholders
Share capital	4	850,000	850,000
Accumulated losses		(296,789)	(206,444)
Total capital and reserves		553,211	643,556
Total equity and liabilities		553,211	653,586

The statement of changes in equity of the Company for the period ended 30 June 2023 is stated below:

STATEMENT OF CHANGES IN EQUITY

	Share capital	Accumulated
		losses	Total
	£	£	£
At 01 January 2022 (unaudited)	50,000	(30,250)	19,685
Loss for the period	-	(176,193)	(176,193)
Total comprehensive loss for the period	-	(176,193)	(176,193)
Issue of shares	800,000	-	800,000
At 30 June 2022 (unaudited)	850,000	(206,444)	643,556
At 01 January 2023 (unaudited)	850,000	(267,437)	643,556
Loss for the period	-	(29,352)	(29,352)
Total comprehensive loss for the period	-	(29,352)	(29,352)
Issue of shares	-	-	-
At 30 June 2023 (unaudited)	850,000	(296,789)	553,211

For the period ended to 30 June 2023

STATEMENT OF CASH FLOWS

		Period ended 30 June	Period ended 30 June
	Notes	2023	2022
		£	£
Cash flow from operating activities
Loss for the period		(29,352)	(206,444)
Adjustments for:
Decrease in trade and other receivables		-	-
Increase in trade and other payables		7,142	10,030
Share based payments		-	-
Net cash outflow from operating activities		(22,210)	(196,414)
Cash flow from financing activities
Proceeds on the issue of shares		-	800,000
Net cash inflow from financing activities		-	800,000
Net Increase in cash and cash equivalents		(22,210)	603,586
Cash and cash equivalents at the beginning of the period		626,961	50,000
Cash and cash equivalents at the end of the period		604,751	653,586

NOTES TO THE COMPANY FINANCIAL INFORMATION

1. General information and basis of preparation

The principal activity of the Company is to identify potential companies, businesses or asset(s) in the clean and renewable energy sector that will increase shareholder value. The Company is domiciled in the United Kingdom and incorporated and registered in England and Wales as a public limited company. The Company's registered office is 9th Floor, 107 Cheapside, London EC2V 6DN, United Kingdom. The Company's registered number is 13672588.

2. Accounting policies

Basis of preparation

The Financial Statements of the Company have been prepared in accordance with UK-adopted international accounting standards. The Financial Statements have been prepared under the historical cost convention unless otherwise stated. The Financial Statements are prepared in pounds Sterling and presented to the nearest pound.

The preparation of the Company financial statements in conformity with UK-adopted international accounting standards requires the use of certain critical accounting estimates. It also requires the Directors to exercise their judgment in the process of applying the Company's accounting policies.

In the opinion of the management, the interim unaudited financial information includes all adjustments considered necessary for fair and consistent presentation of this financial information.

Going concern

The Company financial statements have been prepared on a going concern basis as the Directors have assessed the Company's ability to continue in operational existence for the foreseeable future. The operations are currently being financed by issuances of new equity. The Company is reliant on the continuing support from its shareholders and the expected support of future shareholders. The Company financial statements do not include the adjustments that would result if the Company were not to continue as a going concern.

2. Segmental analysis

In the opinion of the Directors, the Company is primarily organised into a single operating segment. This is consistent with the Company's internal reporting to the chief operating decision maker. Separate segmental disclosures have therefore not been included.

3. Loss per share

Basic loss per share is based on the net loss for the period of £29,352 attributable to equity holders related to the weighted average number of ordinary shares in issue during the period of 8,500,000.

The following reflects the loss and share data used in the basic loss per share computations:

	For six months ended
	30 June 2023
	Unaudited
Loss after tax (£)	(29,352)
Number of ordinary shares of £0.10 in issue	8,500,000
Loss per share - basic (pence)	(0.003)

4. Share capital

Issued equity share capital

		For six months ended 30 June 2023
		Unaudited
	Number	£
Issued and fully paid
Ordinary shares of £0.10 each	8,500,000	850,000

The Company was incorporated on 11 October 2021, on which date the issued share capital was £50,000 divided into 500,000 shares of nominal value £0.10 each.

Conditional on admission to a Standard Listing and to trading on the Main Market of the Company's entire share capital on 9 March 2022, the Company issued 8,000,000 Ordinary Shares at a price of 10p each to raise gross cash subscription receipts of £800,000.

5. Administrative expenses

	For the period ended 30 June
	2023
	Unaudited £
This is stated after charging:
Auditor's remuneration
-audit of the Company	5,000
-non-audit services	-
Directors' remuneration	-
Legal, professional and consultancy fees	24,352
Other expenses	-

6. Post balance sheet events

There were no significant events subsequent to the balance sheet date.