NEWS & MEDIA
Net Asset Value 31 December 20194 February 2020
SURE VENTURES PLC / ISIN: GB00BYWYZ460 / Ticker: SURE / Market: SFS / Sector: Investment
Sure Ventures plc (‘Sure Ventures’ or ‘the Company’)
Net Asset Value 31 December 2019
Sure Ventures plc, a London listed 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 as at 31 December 2019.
The NAV as at 31 December 2019 was 95.74p, which represents a 15.2% increase from the 30 September 2019 reported NAV of 83.08p.
The board would like to highlight that the increase in NAV is largely represented by the sale of Artomatix from Sure Valley Ventures fund (ICAV). This sale represents a 5x cash on cash return in a 14 month investment period.
Portfolio Update Q4 2019