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Sure Ventures PLC (SURE)

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Friday 07 June, 2019

Sure Ventures PLC

Issue of Equity

RNS Number : 4525B
Sure Ventures PLC
07 June 2019
 

SURE VENTURES PLC

PLACING

7 June 2019

Sure Ventures plc ("the Company") is pleased to announce that it has raised gross proceeds of £292,999.68 by way of a private placing.  The Ordinary Shares have been issued at £0.96 each, which after the costs and expenses of the issue represents a premium to the last published NAV per share of 83.03p per share.

Application has been made in respect of 305,208 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 Monday 10 June 2019.

Following Admission, the Company will have 4,869,956 Ordinary Shares in issue. The total number of voting rights of the Company will be 4,869,956. 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

 

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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