NEWS & MEDIA

Sure Ventures Plc – Placing Programme Issuance

2 July 2018

Sure Ventures plc (“the Company”) is pleased to announce that it has raised gross proceeds of £200,000 pursuant to the Placing Progamme, as described in the prospectus published on 17 November 2017 (“the Prospectus”).  The Ordinary Shares have been issued at £1.00 each, which after the costs and expenses of the issue represents a premium to the last published NAV per share of 92.12p per share.

 

Application has been made in respect of 200,000 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 Thursday 5 July 2018.

 

Following Admission, the Company will have 3,510,000 Ordinary Shares in issue. The total number of voting rights of the Company will be 3,510,000. 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.

Unless otherwise stated, capitalised terms used herein but not defined have the same meanings as set out in the Prospectus.

 

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

 

Important Notice

This announcement does not constitute or form part of, and should not be considered as, any offer for the sale or subscription of, or solicitation of any offer to buy or subscribe for, any shares in the Company or securities in any other entity, in any jurisdiction, including without limitation the United States, nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with, any contract or investment decision whatsoever, in any jurisdiction. The announcement does not constitute a recommendation regarding any securities.

 

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