Sure Ventures net asset value falls amid tough period for tech
Sure Ventures PLC on Friday said net asset value per share fell, but that it remains strong amid the wider market backdrop in the technology sector. The London-based venture capital fund, which... |…
(Alliance News). Sure Ventures PLC said Friday that net asset value per share decreased, but that it remains solid in light of the overall market environment in the technology sector. The London-based venture capital fund invests in software companies in early stages. Its net asset value per share fell to 124.09pence in the third quarter ended September 30, from 125.75p in June 30. On Friday, shares in Sure Ventures rose 0.5% to 105.00p in London. According to Sure Ventures, the market environment, especially in the technology sector meant that it would be a difficult year in 2022. Sure Ventures stated that its deals pipeline is strong despite market conditions. Greg Rosenvinge, Alliance News reporter Comments or questions to EMAIL Copyright 20022 Alliance News Ltd.