Last checked at 23 Jul 2021 08:25
23rd July 2021
LEI: 213800IPCR3SAYJWSW10
Draper Esprit plc
Notification of Home Member State
Following admission to the premium listing segment of the Official List of the Financial Conduct Authority and the secondary listing segment of the Official List of the Irish Stock Exchange plc, trading as Euronext Dublin ("Euronext Dublin"), and to trading on the London Stock Exchange plc's main market for listed securities and the regulated market of Euronext Dublin, Draper Esprit plc today confirms it has elected Ireland as its Home Member State for the purposes of the EU Transparency Directive.
Enquiries:
Draper Esprit plc Martin Davis (Chief Executive Officer) Ben Wilkinson (Chief Financial Officer)
| +44 (0)20 7931 8800 |
Numis Securities Joint Financial Adviser and Corporate Broker Simon Willis Richard Thomas Jamie Loughborough
| +44 (0)20 7260 1000 |
Goodbody Stockbrokers Joint Financial Adviser and Corporate Broker, Euronext Dublin Sponsor Don Harrington Charlotte Craigie Linda Clarke
| +44 (0)20 3841 6202 |
Powerscourt Public relations Elly Williamson Jane Glover | +44 (0)7970 246 725 / +44 (0)7713 246 126 |
About Draper Esprit
Draper Esprit is one of the most active venture capital firms in Europe, investing in disruptive, high growth technology companies. We believe the best entrepreneurs in Europe are capable of building the global businesses of the future. We fuel their growth with long-term capital, access to international networks and decades of experience building businesses.
Currently, Draper Esprit is a shareholder in a diverse portfolio of 71 companies with 17 of those part of our core portfolio which accounts for over 60% of our holdings. Our core companies include UiPath, Aircall, Graphcore and Revolut. We invest across four sectors: Consumer Technology, Enterprise Technology, Hardware and Deeptech, and Digital Health and Wellness, with highly experienced partners constantly looking for new opportunities in each. We look for high-growth companies operating in new markets, with a serious potential for global expansion, strong IP, powerful technology, and management teams to deliver success. We also look for businesses with the potential to generate strong margins to ensure rapid, sustainable growth in substantial addressable markets.
Draper Esprit provides an opportunity for public market investors to access these fast-growing tech businesses, without having to commit to long term investments with limited liquidity. Since IPO to the AIM market of the London Stock Exchange plc in June 2016, we have deployed circa £550m+ capital into fast growing tech companies and have realised over £300m. In June 2021, we raised gross proceeds of circa £111m to help us capitalise on the transition to a digital future in a European VC market which is expanding rapidly but is still less than one quarter of the combined size of the US and European market by value.
For more information, go to https://draperesprit.com