REG - RiverFort Global Opp - Investment in Pires

Riverfort Global OpportunitiesAnnouncement

24/04/2020 13:55

RNS Number : 8430K
  
RiverFort Global Opportunities PLC
  
24 April 2020
  
 

24 April 2020
RiverFort Global Opportunities plc
("RGO" or the "Company")
Investment
Set out below is a link to the text of an announcement relating to Pires Investments plc ("Pires") in which RGO has agreed to subscribe for 10,750,000 new ordinary shares in a placing to raise £1,060,000, bringing its aggregate holding in the company to 26,899,993 (22.5% of the enlarged issued share capital of Pires).
Pires has raised funds from both existing and new investors, including Chris Akers who has a proven track record of investing in the technology sector and who has subscribed for 17,500,000 shares in the placing representing 14.7% of the company's enlarged share capital.
Pires is an investment company listed on AIM focused on investing in the technology sector.  Its technology investment portfolio includes a 13% interest in Sure Valley Ventures, a venture capital fund which invests in the software sector with a specific focus on the augmented/virtual reality, artificial intelligence and IoT sectors.  It also has an investment in Getvisibility, an artificial intelligence security company which addresses problems corporations face in storing, sorting, accessing and protecting data which is today even more important given the recent increase in cybercrime associated with the Covid-19 crisis.
http://www.rns-pdf.londonstockexchange.com/rns/8430K_1-2020-4-24.pdf
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. 
For more information please contact: 




RiverFort Global Opportunities plc


 


+44 20 3368 8978




Phillip Haydn-Slater, Non-executive Chairman


 


 




 


 


 




Nominated Adviser


 


+44 20 7628 3396 




Beaumont Cornish 


 


 




Roland Cornish/Felicity Geidt 


 


 




 


 


 




Joint Broker


 


+44 20 7186 9950 




Shard Capital Partners LLP


 


 




Damon Heath/ Erik Woolgar


 


 




 


 


 




Joint Broker


 


+44 20 7562 3351 




Peterhouse Capital Limited


 


 




Lucy Williams


 


 




 
 


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