Net Asset Value
SURE VENTURES PLC / ISIN: GB00BYWYZ460 / Ticker: SURE / Market: SFS / Sector: Investment
Sure Ventures Plc ('Sure' or 'the Company')
Net Asset Value - July 2019
Sure Ventures Plc, a venture capital fund which invests in early stage software companies in the rapidly growing Augmented Reality ('AR'), Virtual Reality ('VR'), Internet of Things ('IoT') and Artificial Intelligence (AI) in Fintech sectors, is pleased to announce its unaudited, estimated NAV per share for the period up to the 30th of June 2019.
The NAV as at the 30th of June 2019 was 90.3p, which represented an 8.75% increase from the March calculation, reported to the market on the 3rd of May 2019.
The board would like to highlight that the NAV uplift has been driven by an increase in the Immotion PLC share price during the period ending the 30th of June 2019.
For further information, please visit www.sureventuresplc.com or contact:
Sure Ventures plc
+44 (0) 20 7186 9918
Melissa Hancock / Gaby Jenner
St Brides Partners (Financial PR)
+44 (0) 20 7236 1177
Notes to Editors
Sure Ventures plc listed on the London Stock Exchange in January 2018 giving retail investors access to an asset class that is usually dominated by private venture capital funds. The Company aims to provide investors with a diversified exposure to three rapidly-growing markets: augmented reality/virtual reality, Artificial Intelligence and Internet of Things. Sure Ventures is focusing on companies in the UK, Republic of Ireland and other European countries, making seed and series A investments in companies with first rate management teams, products which benefit from market validation with target revenue run rates of at least £400,000 over the next 12 months.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
Quick facts: Sure Ventures
Market Cap: £4.99 m
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