Sure Ventures PLC Issue of Equity (5572Y)

TIDMSURE

RNS Number : 5572Y

Sure Ventures PLC

05 May 2023

Sure ventures PLC

Issue of Equity

Sure Ventures PLC -Issue of Equity

Sure Ventures plc ("the Company") is pleased to announce that it has raised gross proceeds of GBP 200,000 by way of a private placing at 100p a share. This represents the issue of 200'000 new ordinary shares.

The money will be used for further investments, follow-on investment in Sure Valley Ventures (ICAV), the Sure Valley Ventures UK Software technology fund and general working capital purposes.

Application has been made in respect of 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) on and around the 12(th) May 2023.

Following Admission, the Company will have 6'846'472 Ordinary Shares in issue. The total number of voting rights of the Company will be 6'846'472. 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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May 05, 2023 02:00 ET (06:00 GMT)