RE: Sure Ventures14 Aug 2025 19:48
LOTM
On the sale of Getvisability.
Gareth Burchell, a Director of Sure Ventures PLC, said:
βThis is an excellent result for Sure Ventures PLC and its shareholders. We would like to congratulate the Sure Valley Ventures team, the founders of Getvisibility and all connected with the execution of this sale. The proceeds will be used to clear down our debt, keep cash to avoid shareholder dilution and then pay a dividend to shareholders which the board will announce in due course.
Importantly, the message we wish to send shareholders is that SVV Fund 1 is now in βexit modeβ and now we have cleared our debt and made provision for the future, any further exits will see increased returns by way of further dividendsβ
Keep cash to avoid shareholder dilution?
I think the only thing that saves any business from raising money is realisation of assets.
We have a strong "war chest". We just await the news of another realisation.
I'm happy waiting and topping up at this ridiculous mc. We have funds to see us into 2026 and news will come before then.
I couldn't imagine a raise being actioned below a valuation of Β£7m mc.
Cheers Mike