Sure Ventures plc (“the Company”) is pleased to announce that it has raised gross proceeds of £ 475,000 by way of a private placing.  The Ordinary Shares have been issued at 107.5p a share which was the closing mid-price on the 31^st of May 2022.

The money will be used for further investments, follow-on investment in Suir Valley Ventures (ICAV) 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 10^th June 2022.

Following Admission, the Company will have 6,455,085 Ordinary Shares in issue. The total number of voting rights of the Company will be 6,455,085. 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.  

The Board would also like to announce that our registered address has now changed to:

International House
36-38 Cornhill
London
EC3V 3NG 

For further information, please contact: