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Sure Ventures (SURE) Ordinary Shares

Sell:70.00p Buy:75.00p 0 Change: No change
Market closed Prices as at close on 23 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:70.00p
Buy:75.00p
Change: No change
Market closed Prices as at close on 23 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:70.00p
Buy:75.00p
Change: No change
Market closed Prices as at close on 23 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

The investment policy of the Company is to seek exposure to early stage technology companies, with a focus on software-centric businesses in three chosen target markets: Augmented reality and virtual reality; Financial technology; The internet of things. The Company may invest directly in investee companies or obtain exposure to such companies through investment in collective investment vehicles, including the Suir Valley Ventures (a sub-fund of Suir Valley Funds ICAV) and any further funds, which have investment policies that are complementary to those of the Company.
Security Weight
Investments In Unquoted Equity Assets 61.06%
Investments In Quoted Equity Assets 3.10%

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Fee Structure

A management fee payable quarterly is 1.25% p.a. of the NAV payable quarterly. A performance fee equal to 15% of any excess returns over a high watermark to a hurdle rate of 8%.

Dividend Policy

The Company does not expect to receive a material amount of dividends or other income from its direct or indirect investments. It should not be expected that the Company will pay a significant annual dividend, if any.

ASSET SPLIT

Total number of holdings: 0.

Trust Manager

Barry Downes

Manager Bio

Barry Downes is the CIO of Sure Ventures PLC and Managing Partner of Suir Valley Ventures. Barry is also Chairman of TSSG (previous CEO), a leading technology Research Institute, Incubator and Accelerator which has raised over €90 million to date. Previously Barry founded FeedHenry Limited, a mobile cloud software technology company that was acquired in 2014 by RedHat Inc (NYSE:RHT). Barry has worked extensively in Silicon Valley as a Partner of SVG Partners, a San Francisco based investment and advisory firm that helps its clients with innovation, strategy and technology consulting. Barry started his career in software with Infinium Inc in Hyannis, MA and prior to joining TSSG, Barry was the Vice President of Software Services for Waterford Technologies a leading provider of cloud software, headquartered Waterford, Ireland and in Orange County, California. Barry holds an MBA from Smurfit Business School UCD, a BSc in Applied Computing from WIT and has executive qualifications from Haas School of Business at the University of California Berkeley (in Venture Capital), Henley Business School and also Harvard Law School. Barry is also a Certified Investment Fund Director (CIFD) from the Institute of Banking. Barry was recently named one of the top software superstars by Silicon Republic.

Board Of Directors

Perry WilsonChairman, Gareth Burchell, John Agnew

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.