Net Asset Value Q3 2020

RNS Number : 7479E

Sure Ventures PLC

10 November 2020

 

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

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

Net Asset Value  Q3 2020

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 30^th of September 2020.

The NAV as at the 30^th June 2020 was 98.88p and as at the 30th of September 2020 sits at 95.8p. This represents a 3.11% decrease during the quarter from July 2020 to end of September 2020.

The board would like to highlight that the small decrease in the NAV is due to a drop in the VR Education share price. This share price has recovered since but remains volatile.  

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/  

 

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