RE: Nice morning9 Dec 2024 13:58
"The Company has made excellent progress in the first half of 2024 with a significant increase in net assets and further progress with regard to the realisation of investments in its portfolio. In particular, the sale of Landvault for US$450 million has been completed and SVV1 now holds shares in Infinite Reality. We expect to receive further details with regard to the planned IPO of this company shortly. There has also been an exciting further development announced regarding Getvisibility's relationship with Forcepoint in connection with data protection across generative AI.
"Furthermore, SVV2 has made a number of new investments in exciting AI companies and Mindflair continues to provide investors with the opportunity to gain exposure to a portfolio of AI focused companies in a sector which continues to thrive and be at the forefront of technology development.
"Post period end, the Company increased its investment in Sure Venture plc in order to increase its exposure to SVV1, which the Company expects will make some exciting realisations in the short term, and SVV2 given its exposure to AI."