Sure Ventures PLC Issue of Equity

RNS Number : 8297R

Sure Ventures PLC

10 June 2024

 

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  £ 200,000 by way of a private placing at 72.5p a share.  This represents the issue of 275,862 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 13^th of June 2024.

Following Admission, the Company will have 7,327,462 Ordinary Shares in issue. The total number of voting rights of the Company will be 7,327,462. 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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