REG - Sure Ventures PLC - Issue of Equity

Sure VenturesAnnouncement

21/08/2023 10:30

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RNS Number : 9300J  Sure Ventures PLC  21 August 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  £ 200,000 by way of a private placing at 97.5p a
share.  This represents the issue of 205,128 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 25(th) August 2023.

Following Admission, the Company will have 7'051'600 Ordinary Shares in issue.
The total number of voting rights of the Company will be 7,051,600. 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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