Nasstar plc announced that Damion Greef has resigned as a director of the company with immediate effect in order to pursue other business interests. Damion has served the company over the past seven and a half years as both a non-executive and then as an executive director.

The company announced consolidated financial results for the six months ended March 31, 2013. For the period, the company reported revenue of £0.980 million against £1.133 million a year ago. Operating loss was £1.307 million against £0.168 million a year ago. Loss before taxation was £1.326 million against £0.182 million a year ago. Loss for the period attributable to shareholders was £1.50 million or 2.7 pence per basic and diluted share against £0.182 million or 0.3 pence per basic and diluted share a year ago. Net cash flow used in operating activities was £0.145 million against net cash flow from operating activities of £0.007 million a year ago. Payments for intangible assets was £0.110 million against £0.127 million a year ago. Payments for property, plant and equipment was £0.361 million against £0.218 million a year ago.