Introduction

Hot Tuna (International) PLC (AIM: HTT) owns the rights to the Hot Tuna brand, a progenitor of global youth fashion and one of the oldest and most iconic names in action sports, born in Australia with a heritage of authentic surf culture.

With its financial headquarters in London, Hot Tuna operates its design, manufacturing, production, marketing and distribution in downtown Los Angeles, California and also maintains wholly owned operations in Sydney, Australia.

Company History

Hot Tuna was born in Australia in the summer of 1969 to serve the demands of sojourning surfers, the product of a dedicated surfer�s passion fueled by the skill of his fashion designer wife. Spreading on the bodies and boards of watermen through coastal locales in the South Pacific, the brand quickly burgeoned globally, becoming an influential leader in the nascent surf industry and one of the progenitors of the neon era of surf in the '80s. Through the brand�s storied history, a long list of notables, in and out of the water, have waved the Hot Tuna banner at one time or another in their careers, including pro surfers such as Richie Lovett, Robbie Page, Beau Emerton and Drew Courtney.

In September 2005, Hot Tuna (International) PLC purchased the Hot Tuna brand from a consortium of investors and listed it on AIM, a division of the London Stock Exchange.

In the interest of managing its brand profile and distribution globally, the public Company began a rapid acquisition of its licensed interests around the world. Talented designers and key management with apparel business expertise from Quiksilver, O�Neill, Ocean Pacific, Rip Curl and Perry Ellis International, among others, were recruited to drive the process in the key markets of the United States, Australia and the United Kingdom. In July 2006, entrepreneur and fashion icon Elle Macpherson, who grew-up with the brand in Australia, was appointed as an executive director of Hot Tuna (International) PLC, her interests focused on design and distribution issues, as well as overall youth fashion and market insight.

Shares Issued 2,208.28m



Major Shareholders

As at 28 April 2011 the Company has been notified of the following interests of 3% or more in the issued ordinary share capital of the Company:

No of shares

% Holding

XCAP NOMINEES LIMITED A/C NOMINEE

275,500,000

12.31%

CHASE NOMINEES LIMITED A/C ARTEMIS

275,000,017

12.29%

BARCLAYSHARE NOMINEES LIMITED

155,953,121

6.97%

PUMA NOMINEES LIMITED A/C SMPRINC

130,869,476

5.85%

XCAP NOMINEES LIMITED A/C PRINMARK

112,500,000

5.03%

TD WATERHOUSE NOMINEES (EUROPE) LIMITED A/C SMKTNOMS

109,159,849

4.88%

HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED A/C 985770

82,733,333

3.70%

HSDL NOMINEES LIMITED

81,143,261

3.63%

CREDIT AGRICOLE CHEUVREUX INTERNATIONAL LIMITED A/C 3439

73,401,667

3.28%


http://www.hottunaplc.com/


"

... and it'll be bust.

we'll see Dil.

fully concur Dil ..... high street + tiny niche market and a clearly spun rns .... yuk!

RNS Number : 5172E
Hot Tuna (International) plc
22 December 2009



22 December 2009

Hot Tuna (International PLC

("Hot Tuna" or "the Group")




Final Results for the year ended 30 June 2009




Hot Tuna (International) PLC (AIM: HTT), a leading surf wear and fashion brand, announces its final results for the year ended 30 June 2009. The Accounts and Notice of AGM have been posted to shareholders. Copies may be obtained during normal office hours from the Company's registered office, Level 5, 22 Arlington Street, London, SW1A 1RD or from the company's website: www.hottunaplc.com.

The Annual General Meeting will take place on 18 January 2010 at 11.00 am at Level 5, 22 Arlington Street, London SW1A 1RD

Highlights

Revenue increase 1.6% to 1,144,000 (2008: 1,126,000)

Gross profit of 248,000 (2008: loss 27,000)

Raised 860,000 during the year by issuing 283 million new shares

UK & EU sales up 33% on last year

Strong growth of the children's range in Australia

Children's range to be rolled out into the UK & Europe in 2010

Interest from new markets which may result in new distributor agreements

Geoff O' Connell appointed to the board in May 2009

Commenting on the results, Geoff O'Connell, CEO, said "Although over the past year the retail trading environment was challenging, we have worked hard to simplify the corporate structure and reduce our
operating costs. This has resulted in a more streamlined and higher margin business.




We are excited about the new collection, which has seen a real return to the heritage of the brand, and strong focus on the iconic piranha logo. The range has been well received by customers in all regions, particularly the southern hemisphere, and we are confident that the combination of delivering the right product, to the right buyers across all our territories will continue to deliver solid revenue growth.




We are positive about the outlook for 2010 and go forward confidently."

Hot Tuna in profit
Business Financial Newswire
Surfwear firm Hot Tuna said sales rose 1.6% to 1.14m in the year to end-June (2008: 1.12m) and it saw a gross profit of 248,000, compared to a loss of 27,000 the prior year.

UK & EU sales rose 33% in the year.

The company reported strong growth of the children's range in Australia and said the children's range will be rolled out into the UK & Europe in 2010.

Interest from new markets which may result in new distributor agreements.

Geoff O'Connell, CEO, said: "Although over the past year the retail trading environment was challenging, we have worked hard to simplify the corporate structure and reduce our operating costs. This has resulted in a more streamlined and higher margin business.

"We are excited about the new collection, which has seen a real return to the heritage of the brand, and strong focus on the iconic piranha logo. The range has been well received by customers in all regions, particularly the southern hemisphere, and we are confident that the combination of delivering the right product, to the right buyers across all our territories will continue to deliver solid revenue growth.

"We are positive about the outlook for 2010 and go forward confidently."

....My wife subscribed to the refinancing of Hot Tuna (HTT) a few months ago and yesterday it reported. To my mild surprise, it has not gone bust. It might even pull itself up by its own boot strings. Particularly if Hot Tuna continues to sport the slinky model featured in today's Daily Mail. Please could swimwear/beachwear persons let this column know how Hot Tuna is coming along. Also, I want to be correctly dressed when I take up the invitation received yesterday for me and my wife to go to Barbados in a few weeks' time, first class and all expenses paid. It couldn't happen to a nicer couple. However, I insist on a being a la mode...

Posted on UK-Analyst.com

Nothing left to short hlyeo!!!! ;o)

Agree with u, Harry. I was in fact thinking of buying.

just because the company is currently worth FA, does not mean it cannot be worth even less!

oh a small tic up to day !!!

yep looks like another pump in progress - see that ending in tears for some when spiked!!

Will the last one left turn out the lights!!!!!!!!!!

Up 50% at the moment!!!!!!!!!!!!

80million buys, Thats all of a grands worth????

mind you at this price ????

Anybody smell dead fish????

Strange day with 87m people deciding they want out and 120m people deciding they want in??????? Which just goes to prove it is all madness.Brings to mind some free advice from an investment manager many years ago."You can glean every bit of information,scour every news item,tout for info from friends likely to be in the know.OR save yourself a lot of time and energy and stick a pin in financial times share list, chances are you will do just as well"Was he right I wonder?? Where is that pin????

Its in Rockhopper beebusy

lol!