Pires Investments (GB:MFAI) has released an update.
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Mindflair plc has increased its stake in Sure Ventures plc by subscribing to new shares, which boosts its indirect interest in the high-performing Sure Valley Ventures Fund. This move comes on the heels of substantial potential gains following the sale of Landvault by Sure Valley Ventures, with expectations for significant returns and a substantial cash inflow to Mindflair. The investment in Sure Ventures plc aligns with Mindflair’s strategy to deepen its involvement in next-generation AI technologies and capitalize on the expected growth in this sector.
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