Pires Investments PLC Sure Ventures plc interim results
08 Dezembro 2021 - 9:28AM
RNS Non-Regulatory
TIDMPIRI
Pires Investments PLC
08 December 2021
8 December 2021
Pires Investments plc
("Pires" or the "Company")
Sure Ventures plc interim results
Pires Investments plc (AIM: PIRI), the investment company
focused on next generation technology, is pleased to note the
announcement today by London-listed venture capital fund Sure
Ventures plc ("Sure Ventures") of its interim results for the six
months ended 30 September 2021.
Pires has a 24.9% shareholding in Sure Ventures and Sure
Ventures has a 25.9% interest in Sure Valley Ventures ("SVV"), a
venture capital fund focused on investing in the software
technology sector with a specific focus on Artificial Intelligence,
Internet of Things, Cyber Security, Machine Learning, Immersive
Technologies and Big Data. Consequently, Pires has a combined
direct and indirect interest in SVV of circa 20%.
The announcement can be viewed in full at the link below:
https://www.londonstockexchange.com/news-article/SURE/unaudited-interim-report-30th-september-2021/15241523
Nicholas Lee, Director of Pires commented:
"We are very pleased to note the positive interim results for
the six months to 30 September 2021 announced by Sure Ventures
today. Performance over this period has been driven by consistent
increases in both the value of the companies within the SVV
portfolio and its other direct investments. The outlook for Sure
Ventures is also very exciting as this period of strong performance
does not include the recent Admix funding which is expected to
positively impact its results in the short term, along with the
expectation of further funding rounds for companies within its
portfolio."
Enquiries:
Pires Investments plc Tel: +44 (0) 20 3368 8961
Nicholas Lee, Director
Joint Broker Tel: +44 (0) 20 7469 0935
Peterhouse Capital Limited Tel: +44 (0) 20 7469 0936
Duncan Vasey/Lucy Williams
Joint Broker Tel: +44 (0) 20 3167 7221
Tennyson Securities
Peter Krens
Financial media and PR Tel: +44 (0) 20 3004 9512
Yellow Jersey
Sarah Hollins
Henry Wilkinson
Annabelle Wills
Notes to Editors
About Pires Investments plc
Pires Investments plc (AIM: PIRI) is an investment company
providing investors with access to a portfolio of next generation
technology businesses with significant growth potential.
The Company is building an investment portfolio of high-tech
businesses across areas such as Artificial Intelligence, Internet
of Things, Cyber Security, Machine Learning, Immersive Technologies
and Big Data, which the Board believes demonstrate evidence of
traction and the potential for exponential growth, due to
increasing global demand for development in these sectors.
For further information, visit: https://piresinvestments.com/
.
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December 08, 2021 07:28 ET (12:28 GMT)
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