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SURE VENTURES PLC

Net Asset Value Oct 26, 2018

4993_rns_2018-10-26_23b1df5c-686a-4dc6-a7d3-bd6dc0a05d13.html

Net Asset Value

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RNS Number : 2459F

Sure Ventures PLC

26 October 2018

SURE VENTURES PLC / ISIN: GB00BYWYZ460 / Ticker: SURE / Market: SFS / Sector: Investment

Sure Ventures Plc ('Sure' or 'the Company')

Net Asset Value-September 2018

Sure Ventures Plc, a venture capital fund which invests in early stage software companies in the rapidly growing Financial Technology ('fintech'), Augmented Reality ('AR'), Virtual Reality ('VR'), and Internet of Things ('IoT') sectors, is pleased to announce its unaudited, estimated NAV per share for the period as at the 30th of September 2018.

The NAV as at the 30th of September 2018 stands at 101.6p, which represents a 5.6% increase from the June 2018 NAV calculation, reported to the market on the 20th of August 2018.

The Board is happy with the progress made year to date and looks forward to keeping investors informed as the investment strategy outlined in the prospectus continues to be executed by the appointed Investment Manager Shard Capital AIFM LLP.

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

Gareth Burchell Sure Ventures plc +44 (0) 20 7186 9918
Priit Piip / Isabel de Salis St Brides Partners (Financial PR) +44 (0) 20 7236 1177

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, FinTech and Internet of Things.  Sure 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 +£400,000 over the next 12 months. 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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