RiverFort Global Opportunities PLC Investment in Pires (8430K)
24 Abril 2020 - 7:54AM
UK Regulatory
TIDMRGO
RNS Number : 8430K
RiverFort Global Opportunities PLC
24 April 2020
24 April 2020
RiverFort Global Opportunities plc
("RGO" or the "Company")
Investment
Set out below is a link to the text of an announcement relating
to Pires Investments plc ("Pires") in which RGO has agreed to
subscribe for 10,750,000 new ordinary shares in a placing to raise
GBP1,060,000, bringing its aggregate holding in the company to
26,899,993 (22.5% of the enlarged issued share capital of
Pires).
Pires has raised funds from both existing and new investors,
including Chris Akers who has a proven track record of investing in
the technology sector and who has subscribed for 17,500,000 shares
in the placing representing 14.7% of the company's enlarged share
capital.
Pires is an investment company listed on AIM focused on
investing in the technology sector. Its technology investment
portfolio includes a 13% interest in Sure Valley Ventures, a
venture capital fund which invests in the software sector with a
specific focus on the augmented/virtual reality, artificial
intelligence and IoT sectors. It also has an investment in
Getvisibility, an artificial intelligence security company which
addresses problems corporations face in storing, sorting, accessing
and protecting data which is today even more important given the
recent increase in cybercrime associated with the Covid-19
crisis.
http://www.rns-pdf.londonstockexchange.com/rns/8430K_1-2020-4-24.pdf
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
For more information please contact:
RiverFort Global Opportunities
plc +44 20 3368 8978
Phillip Haydn-Slater,
Non-executive Chairman
-----------------
Nominated Adviser +44 20 7628 3396
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Beaumont Cornish
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Roland Cornish/Felicity
Geidt
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Joint Broker +44 20 7186 9950
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Shard Capital Partners
LLP
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Damon Heath/ Erik Woolgar
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Joint Broker +44 20 7562 3351
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Peterhouse Capital Limited
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Lucy Williams
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END
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