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IN BRIEF: Sure Ventures net asset value declines led by forex change

Tue, 12th Sep 2023 18:06

Sure Ventures PLC - London-based venture capital fund - Updates on the company's investment portfolio. Says net asset value at the end of June 2023 was 115.4 pence, a 3.7% decrease from 119.81p per share reported at the end of March. "As quarters of the past have gone, the second quarter period was quiet and unchanged. The small decrease in the NAV was led by small negative FX movement and the costs & fees of running the PLC. There has been some great progress from our portfolio companies, in difficult global trading conditions and we are pleased with the direction," company says.

Current stock price: 90.0 pence

12-month change: down 15%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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