Placing

RNS Number : 1323G

Sure Ventures PLC

13 March 2020

 

SURE VENTURES PLC

PLACING 

Sure Ventures plc ("the Company") is pleased to announce that it has raised gross proceeds of £ 250,000 by way of a private placing with one Institutional Investor.  The Ordinary Shares have been issued at 100p each, which after the costs and expenses of the issue represents a premium to the last published NAV per share of 95.74p per share.

Application has been made in respect of 250,000 Ordinary Shares to be admitted to trading on the Specialist Funds Segment of the Main Market of London Stock Exchange plc ("Admission").  Admission will become effective and dealings in the Ordinary Shares will commence at 8:00 a.m. (London time) on17th of March 2020.

Following Admission, the Company will have 5,119,956 Ordinary Shares in issue. The total number of voting rights of the Company will be 5,119,956. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.  

For further information, please contact:

Issuer	Sure Ventures plc Gareth Burchell 0207 186 9900
Placing Agent	Shard Capital Partners LLP Damon Heath 0207 186 9900

 

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