RNS Number:7850S
Red Leopard Holdings PLC
12 March 2007


PRESS RELEASE


Red Leopard Holdings PLC moves forward with First Broughton opportunity


Red Leopard Holdings PLC ("Red Leopard" or "the Company"), the AIM listed leisure and
hospitality company, has today entered an agreement to take advantage of
Britain's booming residential property market.



It will undertake new residential property developments through an agreement
with First Broughton Group UK Limited ("First Broughton"), a privately-owned
property development group with more than 50 years experience.



The two companies aim to secure their first development site within the next two
months and to deliver a completed project before the end of 2008. Project sites
targeted for development range from small housing estates to large scale
apartment blocks with more than 200 units.



Under the terms of the agreement, Red Leopard will provide First Broughton with
#20,000 per month over a six month period, in return for which Broughton Homes
Development (1) Limited, a wholly owned subsidiary of First Broughton will
identify and acquire a property site, and develop residential apartments and
houses. First Broughton will divide profits from the venture with Red Leopard.



Red Leopard Director John May said: "With the Government estimating that a
minimum of 200,000 homes a year need to be built over the next 10 years, we
believe this relationship has the potential to give us a steady deal flow moving
forward. The agreement with First Broughton Group takes us in a direction
closely in line with our existing business model for the development of
apart-hotels in the UK. "

RED LEOPARD HOLDINGS PLC

PRELIMINARY RESULTS FOR THE PERIOD ENDED 31 DECEMBER 2005


Chairman's Statement

I am pleased to present the first full financial statements of the Group for the
period from incorporation of Red Leopard Holdings plc ("Red Leopard" or "the
Company") on 17 November 2004 to 31 December 2005.

The results for the period comprise those of Red Leopard and its wholly owned
subsidiary Harrell Hotels (Europe) Ltd ("Harrell Hotels") (together the
"Group"), which it bought at the same time as the Company was admitted to AIM in
March 2005.

Although income for the period was Nil and the loss after tax amounted to
#320,055, the Company has been active on several fronts since its arrival on
AIM. It now holds strategic investments in another AIM group specialising in
venue management technologies, and in a company providing a web-based technology
platform for the conveyancing sector.

These successful early moves reflect the Group's long term objective to become a
strategic investor in a range of businesses that the Board identifies as
offering strong growth potential.

The Group's net asset value at 31 December 2005 was #1,896,470 and cash balances
amounted to #549,802.

The Directors' do not propose paying a dividend.

In February 2005, prior to Red Leopard being admitted to AIM, the Company raised
#1.45 million before expenses (#1.14million after expenses of admission, the
acquisition and the offer for subscription). At the same time as admission to
AIM the Company bought the entire issued share capital of Harrell Hotels to take
advantage of the opportunities available in the hospitality markets in the
United Kingdom and Europe. Harrell Hotels' first planned project involved a new
build development at North Brentford Quarter West London where the Group hopes
to operate a hotel and an aparthotel for Marriott Courtyard. While we are
continuing to negotiate acceptable terms with Barratt Homes to take account of
unforeseen planning issues, I am also pleased to confirm that we are at the same
time in active discussions over a further three hotel development sites for the
Courtyard by Marriott development programme in the UK.

During the year the Group made two strategic investments. In October 2005 the
Group invested #150,000 for a 3% interest in Venue Solutions Ltd, a company
which specialises in the provision of venue management technologies and
services. In December 2005 Venue Solutions Limited listed on AIM at 26.5p and
the Group now owns 799,000 ordinary shares in Venue Solutions Holdings plc, the
newly incorporated holding company created for the flotation. The Group was also
granted options over a further 449,450 ordinary shares at 33.5p exercisable up
to 9 November 2006. In addition there are further options to which the Group is
entitled, granted by a previous owner of shares in Venue Solutions Ltd,
entitling it to a further 665,850 ordinary shares at prices between 30p and 50p
per share exercisable up to October 2007. I am happy to report that Venue
Solutions Ltd has been making good progress this year in delivering its business
plan.

The Group has also invested #50,000 in Convex Conveyancing Ltd which is a bulk
web conveyancing platform with opportunities for creating economies of scale in
a fragmented conveyancing market. Convex Conveyancing Ltd has established a
sophisticated customer facing and transparent IT platform and is already acting
for mortgage brokers on their conveyancing needs. The investment is in the form
of a loan and entitles the Group, for a period of two years from October 2005,
to take up approximately 5% of the issued share capital. The intention is for
Convex Conveyancing Ltd to float on AIM as soon as is practically possible.

As you can see the Group has been active on a number of fronts since being
admitted to AIM. Although progress on the original North Brentford Quarter has
been slower than expected we have, at the same time, made progress on a number
of other initiatives.

I believe that we are now involved in a number of exciting projects and I look
forward to reporting further progress on all of these when I next communicate
with you.

Lastly I would like to take this opportunity of thanking our small but dedicated
team who have worked hard on the Group's behalf during the period.


C S Russell
Chairman

Red Leopard Final Results

RNS Number:2293Z
Red Leopard Holdings PLC
28 June 2007

RED LEOPARD HOLDINGS PLC

Annual Results for Red Leopard Holdings Plc ("Red Leopard" or the "Group") for
the year ended 31 December 2006

Chairman's Statement

I am pleased to present the financial statements of the Group for the year ended
31 December 2006. These have been prepared in accordance with United Kingdom
Generally Accepted Accounting Practice but will be restated in the financial
statements for the year ended 31 December 2007 when the Group reports under
International Financial Reporting Standards.

As previously reported, the results comprise those of Red Leopard Holdings Plc
and its wholly owned subsidiary Harrell Hotels (Europe) Limited ("Harrell Hotels
"). There was no revenue generated in the year from operations. The loss after
tax amounted to #2,822,060 (2005: #320,055).

Over the past 2 years we have endeavoured to locate and pursue projects
including those referred to in my last Chairman's Statement, suitable for
Marriott Courtyard's mainly in the UK.

The cost of acquisitions in the current UK hotel market has to date proved too
high for us to proceed in any of the propositions we have looked at seriously.
With regret the directors of the hotel subsidiary, Harrell Hotels, have
therefore come to the conclusion that the market industry in the United Kingdom
is such that an economically feasible project is unlikely to be located in the
near future, albeit we are continuing to monitor the position.

In view of the inability to forecast profit from the operation in the near term
the Board has decided it would be prudent to write down the asset of the hotel
operation to nil. Although now effectively mothballed, should the economic
outlook change in our favour, the hotel business may well come in to its own
again from the Group point of view.

I would like to take this opportunity to thank all those who worked so hard in
Harrell Hotels during this two year period.

There has been a change in the Board membership recently as can be seen from the
accounts. Robert Coe and Stephen Thomson have retired from the Board and John
May has joined me to implement a new plan for the Group which I will outline
below. John is an FCA of many years standing and is a director of a number of
AIM listed, NASDAQ listed and Channel Islands listed companies and has a wide
experience and contacts which I believe will greatly help the company going
forward.

We intend to complement the Board in the near term with a strong and experienced
non executive director with building industry knowledge.

Your Board has decided to revise the strategy of the Group and de-risk its
operations by focusing on forming property development joint ventures ("JVs") to
develop residential apartments which are aimed at the mid market price range.

We are aiming at sub #250,000 units and even as low as #125,000 units sales
value to be built geographically in the South and South West of the UK
initially. These joint ventures, one of which is being considered as I report,
are to be with specialised property development companies, rather than us acting
as principals. We believe that greater opportunities exist for "niche" property
developments, particularly on the residential side and that through "partnering"
with these companies we will be able to grow shareholder value more quickly than
otherwise.

The write down of our investment in Harrell Hotels has meant we have negative
assets at the balance sheet date but we believe the plan outlined above will
restore the Group to profitability. We have further plans once we have
established the track record in this "niche" market which could make the Group
look significantly healthy in the near term. We expect all JVs we enter into we
will be capable of exiting within 12-18 months. We will announce these JVs as
they are contracted in the normal way.

The directors cannot in the circumstances propose any dividends. (2005: #Nil).

The directors consider that sufficient cash will be generated from the sale of
Investments to fund the normal working capital costs of the company and will
seek additional finance from a combination of equity and debt to fund the
current plan.

I look forward to being able to present to you a healthier looking company in my
next annual report.

CS Russell

Chairman

So what was the board doing in 2005 2006 to make a loss of #2,822,060 is this dollars or UK pouds?

Sep 29 2009

Deal flow
Although investors have kept their hands in their pockets and IPOs have been on hold, Simpson and his junior markets team of seven have been busy on a number of transactions. Specialising in the lower to middle end of the junior markets, high-value deals the firm has worked on include the merger of independent IFAs Sumus and Lighthouse Group and the buy-out and delisting of Telent, a telecoms services business with revenue of over 310 million. Says Simpson, There is definitely more buzz about AIM, as a realistic option, than there was 12 months ago.

Much of the work for Saffery of late has been around reversals and takeovers. The stock market seems to be showing at least some form of recovery, and that will always be positive in terms of businesses looking for admission. A number of companies are ready to IPO effectively, theyre beginning to queue up and wait for the markets to reopen, comments Simpson.

Substantial interest is coming largely from overseas companies, notably those based in China, India and the US, says Simpson. The last of these may come as a surprise, given how US ventures have had a mixed experience on the exchange: US companies are continuing to look to AIM, where the regulatory pressures are less onerous. For these companies, its also about getting into Europe, establishing a presence and gaining market visibility.

http://www.smallbusiness.co.uk/print//cover-stories/1071872/rise-of-the-reverse-takeover.thtml

The last placing 2 years ago was at 0.375p and with the ord at 0.20p any fundraising required for acquisition would be at 0.20p or higher. The current real price now is 0.20-0.22p so should see more buyers returning again next week and possible next wave of good rises.

Type of acquisition:-

Cash shell Red Leopard Holdings sprinted 0.105p higher to 0.165p as speculators moved in on hearing that the acquisition of a residential property-related business could be on the cards. The deal will apparently bring in large fees and enhance earnings for the company which will eventually prompt a re-rating of the stock.

http://www.dailymail.co.uk/money/article-1222587/MARKET-REPORT-Hardy-Oil-dries-investors.html#ixzz0UoFjCbKK

Up 33% today, lots of buying reported on PLUS.

looks like a deal may be in the offing, plenty of buying after 2.30pm this afternoon.

RNS tomorrow perhaps?