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Sure Ventures Plc ( (GB:SURE) ) has issued an announcement.
Sure Ventures PLC announced a successful private placing, raising £250,000 through the issuance of 304,878 new ordinary shares at 82p each. The funds will be allocated toward further investments, particularly in Sure Valley Ventures and its UK Software technology fund, as well as for general working capital. Admission of these shares to the London Stock Exchange’s Specialist Funds Segment is expected around January 8, 2025, increasing the total voting rights to 7,948,130. This strategic move aims to strengthen Sure Ventures’ investment capacity and market positioning, potentially impacting stakeholders’ interests.
More about Sure Ventures Plc
Sure Ventures PLC operates in the investment sector, focusing on providing capital for technology and software ventures. The company engages in investments through its Sure Valley Ventures fund, targeting innovative software technology enterprises.
Average Trading Volume: 4,957
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £6.27M
For a thorough assessment of SURE stock, go to TipRanks’ Stock Analysis page.
