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Share Name Share Symbol Market Type Share ISIN Share Description
Draper Esprit Plc LSE:GROW London Ordinary Share GB00BY7QYJ50 ORD GBP0.01
  Price Change % Change Share Price Shares Traded Last Trade
  -4.00 -0.39% 1,010.00 233,353 16:35:15
Bid Price Offer Price High Price Low Price Open Price
1,012.00 1,014.00 1,036.00 1,010.00 1,012.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 288.81 267.45 208.00 4.9 1,545
Last Trade Time Trade Type Trade Size Trade Price Currency
17:37:12 O 2,115 1,010.00 GBX

Draper Esprit (GROW) Latest News

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Draper Esprit (GROW) Discussions and Chat

Draper Esprit (GROW) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-10-19 16:09:131,010.052,54725,726.00O
2021-10-19 15:58:241,013.9097983.48O
2021-10-19 15:58:241,013.903163,203.92O
2021-10-19 15:56:491,019.902412,457.95O
2021-10-19 15:56:491,028.1029298.15O
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Draper Esprit (GROW) Top Chat Posts

DateSubject
19/10/2021
09:20
Draper Esprit Daily Update: Draper Esprit Plc is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker GROW. The last closing price for Draper Esprit was 1,014p.
Draper Esprit Plc has a 4 week average price of 881p and a 12 week average price of 881p.
The 1 year high share price is 1,190p while the 1 year low share price is currently 554p.
There are currently 152,999,853 shares in issue and the average daily traded volume is 428,593 shares. The market capitalisation of Draper Esprit Plc is £1,545,298,515.30.
19/10/2021
15:13
w13ken: Aiven now a Unicorn. Here's another Draper Esprit holding that has rocketed in value this year to become a 'unicorn' - from $800m to $2Bn! Frothy again? Perhaps, but it will make for an interesting NAV update. I see £45.5m of Aiven fair value for GROW in Mar 2021 so back of an envelope calculation, maybe £113m now? "Finnish open-source-as-a-service provider Aiven has attracted a $60m extension to its Series C funding which now values the firm at $2bn. The latest cash injection suggests remarkable growth in the nominal value of the Scandinavian startup, founded five years ago, which was worth $800m when it got its first $100m-tranche of Series C funding in March. Aiven sells open-source data technologies as a managed service. Unlike some DBaaS systems, which punt proprietary or less permissive licences for their as-a-service offers built on open source technologies, Aiven provides a stack of as-a-service systems in their true open source form. Apache streaming platform Kafka is Aiven's most popular product, but open source relational database PostgreSQL, which released iteration 14 earlier this month, Apache Cassandra, Redis, MySQL, OpenSearch and more are available..." hTTps://www.theregister.com/2021/10/19/aiven_valuation/
18/10/2021
08:59
w13ken: "Draper Esprit partner Nicola McClafferty said: “Allplants is uniquely positioned at the intersection of some of the fastest-growing areas in food consumption today: high-quality, plant-based meals that deliver on taste, sustainability and nutrition in an incredibly convenient way for consumers. “JP and the team have established a stellar brand with very clear values, incredibly strong growth and a loyal customer base. Allplants has real potential to scale its direct-to-consumer business while expanding into new channels both in the UK and beyond. We believe it can be a global brand, bringing nutrition, taste and convenience to the plant-curious consumer and we are delighted to be supporting the team as they grow and thrive.” hTTps://www.thegrocer.co.uk/fundraising/allplants-eyes-global-growth-following-record-breaking-funding-round/660880.article
11/10/2021
15:28
cordwainer: I also added a few more at around 893p. But since becoming a FT250 constituent maybe GROW is now a bit less immune to the general outlook this winter for the UK economy and passive index investor sentiment. Also trying to keep a bit of cash ready. Hard nav currently at approx 820p with historic annualised portfolio growth potentially lifting that to approx. 885p, but portfolio companies not entirely immune to general supply issues and a more fearful market could take the share price to a discount. Quite hopeful for a bounce back to £10+ but at this point I feel my target for 2021 of £12 is looking optimistic... cordwainer - 21 Jan 2021 - 09:52:50 - 288 of 472 Draper Esprit - VC Firm - GROW Based on analyst estimates, my conservative target price here for 2021 is £12. Among my largest portfolio holdings.
17/9/2021
07:15
brexitplus: Draper Esprit plc ("Draper Esprit", "the Group" or the "Company") Investment update Draper Esprit (LSE: GROW, Euronext Dublin: GRW), a leading venture capital firm investing in and developing high growth digital technology businesses, today provides an update on recent developments in its portfolio. Key highlights are as follows: · Continued capital deployment in the increasing number of growth opportunities in the European venture capital market, investing a total of £130 million during the year to date including 8 new, and 6 follow-on, investments. · Additional investments of £25m and £15m in existing portfolio companies Form3 and CoachHub, respectively. · Existing portfolio company Cazoo lists on the New York Stock Exchange, receiving proceeds of over $1bn before expenses. FORM3 Draper Esprit participated with a further £25m in a $160m Series C round in platform payment technology provider Form3. The round was led by new investor Goldman Sachs and also included existing investors Lloyds Banking Group, Nationwide Building Society, Barclays, Mastercard and 83North. Founded In 2016, Form3 is the leading platform payment technology provider and offers an alternative to the traditional payment infrastructure model, providing an always-on, cloud-native, Payments-as-a-Service platform. Form3 is trusted by some of the UK and Europe's biggest Tier 1 banks and fastest-growing Fintechs to handle their critical payments architecture. Based on the valuation implied by the fundraising, the Company's gross fair value holding (before carry deductions) is approximately £58 million. Excluding the £25 million of newly invested capital, this is an uplift of approximately £23 million to the March 2021 gross fair value of £10 million. COACHHUB In September, Draper Esprit participated with a further £15 million investment in an $80 million Series B extension round in CoachHub, supported by existing investors RTP Global, HV Capital, Signals Venture Capital, Partech and Speedinvest. CoachHub is the leading global talent development platform and enables organisations to create a personalised, measurable and scalable coaching program for the entire workforce, regardless of department and seniority level. CoachHub uses artificial intelligence to match individuals with more than 2,500 certified business and well-being coaches in 70 countries across six continents, with coaching sessions available in more than 60 languages. CAZOO In August, Draper Esprit portfolio company Cazoo announced its business combination with AJAX I and its listing on the New York Stock Exchange. Cazoo (NYSE: CZOO) received $1bn in proceeds before expenses from the transaction, which will be used to further build out its brand and infrastructure. Cazoo is an online car retailer which, since being founded in 2018, has delivered over 35,000 cars to customers across the UK and mainland Europe. Following its recent acquisitions, Cazoo is also now Europe's leading car subscription player with thousands of subscribers across the UK, Germany and France. Based on the share price of $9/share the Company's gross fair value holding (before carry deductions) is approximately £37 million, which is an uplift of approximately £11 million to the March 2021 gross fair value of £26 million. Martin Davis, Chief Executive Officer of Draper Esprit, commented: "Our recent activity has demonstrated the strength of our portfolio and our investment team, and we have been able to participate in follow-on rounds in some of the more established businesses in our portfolio, such as CoachHub and Form3. Cazoo's IPO is further evidence of this, as in only three years, it has established itself as one of the most significant players in the European used car market. As we recover from the pandemic, the technology sector continues to go from strength to strength and we are well positioned to continue to support the most promising companies."
17/8/2021
19:23
w13ken: We may see action in September due to full integration of GROW in the FTSE 250 rather than an apparent limbo-land that it is in now but it's worth a reminder on Trustpilot too. The Trustpilot IPO meant £78.3m was banked with retention of 7.9% of shares. Those need to be kept until till at least September but we're nearly there so Draper could be about to cash in on another £120m of cash. That would be approx £200m from their initial £29.7m investment! "The Company's total investment to date has been £29.7 million and as of our interim results to 30 September 2020 our holding was valued at £80.9 million. As part of the IPO, the Company will be selling down part of its holding, resulting in proceeds of £78.3 million. The Company will continue to hold 7.9% in shares amounting to £85.5 million (subject to any exercise of the overallotment option during the period to admission) based on the Trustpilot share price on 23 March 2021. The Company's continued holding will be subject to a customary 180-day lock-up period from the date of admission in line with other institutional investors in Trustpilot." hTTps://markets.ft.com/data/announce/detail?dockey=1323-14910105-5FO241VO4V7OSSBSUD2S12IF3J
22/7/2021
14:35
w13ken: All on target for tomorrow's move to the main market. Shares nicely up already today in anticipation and there should be more to come with positive finance media coverage. Thu, 22nd Jul 2021 14:16 RNS Number : 1794G Draper Esprit PLC 22 July 2021 Draper Esprit plc: Announcement of admission to the Official Lists and cancellation of AIM and Euronext Growth listing Draper Esprit plc (dual listed, AIM: GROW, Euronext Growth: GRW) ("Draper" or the "Company"), a leading venture capital firm investing in and developing high growth digital technology businesses, is pleased to announce that its ordinary shares (the "Ordinary Shares") will be admitted tomorrow to the premium listing segment of the Official List of the Financial Conduct Authority and the secondary listing segment of the Official List of the Irish Stock Exchange plc, trading as Euronext Dublin ("Euronext Dublin") (the "Official Lists") and to trading on the London Stock Exchange plc's (the "London Stock Exchange") main market for listed securities and the regulated market of Euronext Dublin (the "Main Markets") (together "Admission"). Dealings in the Ordinary Shares will commence on the Main Markets at 8.00 a.m. on 23 July 2021 and trading in the Ordinary Shares on the AIM market of the London Stock Exchange ("AIM") and the Euronext Growth market will be cancelled simultaneously therewith. Admission will be through an introduction of the existing Ordinary Shares. The Company is not offering any new Ordinary Shares nor any other securities in connection with the proposed Admission or the publication of the Prospectus. Following Admission, the Company's Ordinary Shares will continue to be registered with their existing ISIN number GB00BY7QYJ50. The Company's ticker symbol will continue to be GROW in the UK and GRW in Ireland. On Admission, there will be 152,999,853 Ordinary Shares in issue.
14/7/2021
15:30
w13ken: The Trustpilot IPO announcement below suggests £78.3m banked so far, retention of remaining shares till at least September and 7.9% retained of £1.63billion (their current ever-growing market cap) = £128m. I make that £206m from their initial £29.7m investment! "The Company's total investment to date has been £29.7 million and as of our interim results to 30 September 2020 our holding was valued at £80.9 million. As part of the IPO, the Company will be selling down part of its holding, resulting in proceeds of £78.3 million. The Company will continue to hold 7.9% in shares amounting to £85.5 million (subject to any exercise of the overallotment option during the period to admission) based on the Trustpilot share price on 23 March 2021. The Company's continued holding will be subject to a customary 180-day lock-up period from the date of admission in line with other institutional investors in Trustpilot." hTTps://markets.ft.com/data/announce/detail?dockey=1323-14910105-5FO241VO4V7OSSBSUD2S12IF3J
22/6/2021
16:08
w13ken: Nice one BP but the link didn't work for me. Here's some info from the excellent Edison report. "Draper Esprit committed capital to a further 15 funds in FY21, bringing its overall commitments to 35 seed funds as at 31 March 2021. This network provides access to seed stage companies, as well as supporting specialist deal flow across Europe. New FY21 portfolio companies Cazoo and Hopin originated through this network. New fund commitments included regional funds such as Icebreaker II (Nordics) and Draper B1 (Spanish start-ups), as well as thematic investors, including Atelier (passion economy) and Quatonation (quantum computing). Draper Esprit also invested in the latest funds of existing fund managers including Seaya Ventures III, Icebreaker II, Stride II, Seedcamp V and Amaranthine fund II. The seed fund of funds programme now includes several impact or sustainable funds. Valuation: Potential for NAV uplift in FY21 As an investment company, Draper Esprit’s financial performance centres around its balance sheet, the growth in fair value of its investment portfolio (FY21: 51%), the resultant growth in net assets (FY21: 57%) and NAV per share (FY21: 34%), and the cash resources available (c £215m) to allow the group to continue to fund its portfolio companies to maturity and exit. After a very strong FY21 resulting in a five-year NAV/share CAGR FY16–21 of 18.7%, Draper Esprit has demonstrated why it warrants a premium as a rapidly scaling leader in the technology VC sector. Draper Esprit trades at 1.18x FY21 NAV, and having raised a fresh tranche of capital, is ready to continue to scale its business ahead of a listing on the Main Market and the potential launch of a co-investment growth fund in FY22. Catalysts for a re-rating include further scaling of the business, the listing on the Main Market, growth in third-party fee income and successful exits and IPOs." hTTps://www.edisongroup.com/publication/fy21-results-111m-placing-and-retail-offer/29640
23/3/2021
10:33
brexitplus: Trustpilot Group plc announcement of pricing of IPO Draper Esprit (LSE: GROW, Euronext Growth: GRW), a leading venture capital firm investing in and developing high growth digital technology businesses, notes the news that Trustpilot Group plc "Trustpilot" has announced the pricing in relation to its £1.08 billion initial public offering. On 8 March 2021, Trustpilot confirmed its intention to float on the London Stock Exchange and on 23 March 2021 the company announced it had priced its initial public offering at a £1.08 billion market capitalisation at the offer price of 265 pence per share and the commencement of conditional trading in its shares on the London Stock Exchange. Draper Esprit first invested in Trustpilot in 2013 and has since more than tripled its holding through a combination of secondary acquisitions and participation in follow on rounds, to become one of the largest shareholders pre-IPO. This approach is in line with Draper Esprit's strategy of reinvesting in its best performing companies. The Company's total investment to date has been £29.7 million and as of our interim results to 30 September 2020 our holding was valued at £80.9 million. As part of the IPO, the Company will be selling down part of its holding, resulting in proceeds of £78.3 million. The Company will continue to hold 7.9% in shares amounting to £85.5 million (subject to any exercise of the overallotment option during the period to admission) based on the Trustpilot share price on 23 March 2021. The Company's continued holding will be subject to a customary 180-day lock-up period from the date of admission in line with other institutional investors in Trustpilot. Trustpilot is a leading global review platform which has tracked over 120 million reviews on over 529,000 domains. The platform has hosted reviews of businesses located in over 100 countries and territories worldwide, submitted by consumers in over 200 countries and territories worldwide. The business seeks to provide a 'trust layer' for the open commerce ecosystem by giving consumers confidence to purchase goods and services from a wide range of online and offline businesses across the world. Martin Davis, CEO Draper Esprit, said "Trustpilot has done fantastically well and we're proud to be part of this next stage in its journey. With trust at its core, the public market is a great home for the business and it's great for the UK to have such a tech success story listing in London. Trustpilot are also an example of a portfolio company that we have been able to really put our weight behind. When Draper Esprit listed in June 2016 our shareholding was around 3%, but through secondary acquisitions and follow on rounds we have been able to build on that investment to become one of its largest shareholders. Being able to continue to back our winners as they grow is a key driver in the success of our portfolio and a central part of our model".
12/2/2021
06:54
cordwainer: Https://citywire.co.uk/funds-insider/news/the-expert-view-astrazeneca-shell-and-draper-espirit/a1464312 SVM duo predict active year for Draper Esprit: SVM UK Growth duo Margaret Lawson and Colin McLean believe Draper Esprit (GROW) will see positive activity in its portfolio of unlisted companies this year. The Citywire A-rated managers of the £176m fund said the £1bn investment company, which backs early-stage growth companies with a focus on technology, has ‘greater exposure to Europe’ than some of its UK peers, helping to diversify risk. ‘Draper now sees a significant opportunity to invest in the growing European venture capital market, with an accelerated shift to digital, helped by Covid-19,’ said the managers in their latest fund factsheet. ‘We believe that 2021 will bring more activity in Draper’s portfolio; uplifts in funding rounds and initial public offering. More growth in growing innovative businesses is now happening in private markets and Draper Esprit offers an opportunity to participate in this.’ The trust trades at a premium to its historic net asset value but the SVM managers added that there is ‘potential for uplift and many portfolio companies are growing strongly’. Shares in the listed fund closed down 0.7%, or 6p, at 812p yesterday, but are up about 50% over the last year.
Draper Esprit share price data is direct from the London Stock Exchange
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