Net Asset Value

RNS Number : 3953H

Sure Ventures PLC

31 July 2019

 

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 30^th of June 2019.

The NAV as at the 30^th of June 2019 was 90.3p, which represented an 8.75% increase from the March calculation, reported to the market on the 3^rd 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 30^th of June 2019.

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

Gareth Burchell	Sure Ventures plc	[phone]
Melissa Hancock / Gaby Jenner	St Brides Partners (Financial PR)	[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. 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. 

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

 

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