Pires Investments PLC Update on investment in Pluto Digital plc
04 Fevereiro 2022 - 5:17AM
RNS Non-Regulatory
TIDMPIRI
Pires Investments PLC
04 February 2022
4 February 2022
Pires Investments plc
("Pires" or the "Company")
Update on investment in Pluto Digital plc
Pluto announces joint venture to form new gaming blockchain and
metaverse studio
Pires Investments plc (AIM: PIRI), the investment company
focused on next generation technology, is pleased to provide an
update on its investment in Pluto Digital plc ("Pluto"), a
technology company operating in the exciting digital assets
sector.
As part of the recent announcement by NFT Investments plc
(AQSE:NFT) regarding its proposed acquisition of Pluto, it was
announced that Pluto is now working alongside Maze Theory Limited
("Maze Theory"), a London-based digital entertainment studio, to
release high quality games that incorporate token economics to
empower the next generation of gamers. Maze Theory is an immersive
gaming studio led by experienced industry veterans from
PlayStation, Activision and NCSoft and has released critically
acclaimed games across virtual reality, PC, mobile and console
including: Doctor Who: The Lonely Assassins (mobile and console)
and Doctor Who: The Edge of Time (VR) with Peaky Blinders: The
King's Ransom (VR) launching soon.
Pluto has now announced the formation of a new gaming blockchain
and metaverse studio, called Emergent Games, as part of a joint
venture between Maze Theory and Pluto. Pluto will provide an
investment pipeline for the new joint venture and has already
invested GBP4 million in Maze Theory, making Pluto its largest
investor, in order to facilitate the studio's growth and strengthen
its expertise in virtual reality ("VR").
Further information on the announcement can be found at
https://plutodigital.medium.com/pluto-digital-and-maze-theory-joint-venture
.
Nicholas Lee, Director of Pires, commented:
"We are delighted to note Pluto's recent partnership with
London-based digital entertainment studio Maze Theory. The joint
venture demonstrates Pluto's continued progress and strengthens its
position at the forefront of the new decentralised gaming
sector."
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/
About Pluto Digital plc
Pluto Digital PLC ("Pluto") is a crypto technology and
operations company whose goal is to bring Decentralised Finance
(DeFi) and Metaverse (blockchain gaming and NFTs) to the global
economy. Pluto is making DeFi available to everyone through
products and services created by Pluto's software development Labs
division, new yield farming strategies through Pluto's Yield
division and collaborating with emerging DeFi projects and the NFT
metaverse through Pluto's Ventures division.
For further information, visit: https://plutodigital.com
About Maze Theory
Maze Theory is an immersive gaming studio led by experienced
veterans from PlayStation, Activision, Disney, BBC and NCSoft.
Recent expansion has seen the business grow to over 40 people with
the team comprising multiple award-winning developers and
creatives. The game portfolio includes critically acclaimed games
across virtual reality, PC, mobile and console including Doctor
Who: The Lonely Assassins (mobile and console) and Doctor Who: The
Edge of Time (VR) with Peaky Blinders: The King's Ransom (VR)
launching soon.
For further information, visit: https://www.maze-theory.com
This communication is a "Reach" announcement. Reach is a
non-regulatory news service. By using this service an issuer is
confirming that the information contained in this announcement is
of a non-regulatory nature. Information required to be notified
under the AIM Rules for Companies, Market Abuse Regulation or other
regulation would be disseminated as an RNS regulatory announcement
and not on RNS Reach.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRAUPUCGPUPPURC
(END) Dow Jones Newswires
February 04, 2022 03:17 ET (08:17 GMT)
Mindflair (LSE:MFAI)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Mindflair (LSE:MFAI)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024