REG - Sure Ventures PLC - Net Asset Value as at 31 March 2021

Sure VenturesAnnouncement

14/05/2021 07:00

RNS Number : 6032Y
  
Sure Ventures PLC
  
14 May 2021
  
 

SURE VENTURES PLC / ISIN: GB00BYWYZ460 / Ticker: SURE / Market: SFS / Sector: Investment
Sure Ventures plc ('Sure Ventures' or 'the Company')
Net Asset Value as at 31 March 2021
Sure Ventures Plc, a venture capital fund which invests in early stage software companies in the rapidly growing Augmented Reality ('AR'), Virtual Reality ('VR'), Internet of Things ('IoT') and Artificial Intelligence ('AI') sectors, is pleased to announce its unaudited, estimated NAV per share for the period up to the 31st March 2021
The previously published NAV as at the 31st of December 2020 was 95.72p and at the close of business on the 31st of March 2021 was 92.06p. This represents a 3.82% decrease during the quarter.
The board would like to highlight that the decrease was due primarily to a currency loss and the decrease in VR Education's share price in the period. The uplift in the valuation of Cameramatics off-set some of this loss.
For further information, please visit www.sureventuresplc.com or contact:
 



Gareth Burchell


Sure Ventures plc


+44 (0) 20 7186 9918




 


 


 



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.  Sure Ventures 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 at least £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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
NAVDKNBPABKDCPD