Net Asset Value as at 31 March 2021

RNS Number : 6032Y

Sure Ventures PLC

14 May 2021

 

SURE VENTURES PLC / ISIN: GB00BYWYZ460 / Ticker: SURE / Market: SFS / Sector: Investment

Sure Ventures plc ('Sure Ventures' or 'the Company')

Net Asset Value as at 31 March 2021

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') sectors, is pleased to announce its unaudited, estimated NAV per share for the period up to the 31^st March 2021

The previously published NAV as at the 31st of December 2020 was 95.72p and at the close of business on the 31^st of March 2021 was 92.06p. This represents a 3.82% decrease during the quarter.

The board would like to highlight that the decrease was due primarily to a currency loss and the decrease in VR Education's share price in the period. The uplift in the valuation of Cameramatics off-set some of this loss.

For further information, please visit www.sureventuresplc.com or contact:

Gareth Burchell	Sure Ventures plc	[phone]

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.  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.  Website: https://www.sureventuresplc.com/

 

END

 

 

NAVDKNBPABKDCPD