Company Announcements

Issue of Equity

Source: RNS
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 13th 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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