LFT Lift Global Ventures Plc

TIDMLFT

RNS Number : 1449G

Lift Global Ventures PLC

17 July 2023

17 July 2023

Lift Global Ventures Plc

("Lift" or the "Company")

Investment

Lift Global Ventures Plc (AQSE:LFT), an investment company focused on financial media, technology and the energy sector, is pleased to announce that is has made an investment of GBP50,000 into All Active Asset Capital Limited which is a private company investing in the global technology, software and AI space ("AAA").

In particular, AAA owns 25% of the issued share capital of Sentiance N.V. ('Sentiance'), the Belgian artificial intelligence ('AI') software development business. Details of Sentiance's technology and products are at www.sentiance.com, which explains that Sentiance provides AI solutions to blue chip companies such as Uber, Absa, Verisure, DBS Bank, Microsoft and Delivery Hero, among others.

Sentiance could become a leading player in the insuretech sector and its technology could be subsequently deployed in the automotive, logistics, and last mile delivery industries and beyond. The Lift board sees real value in Sentiance being a technology disruptor in the Insurance-Banking and Gig -Mobility sectors.

Zak Mir, CEO of Lift commented: "We are pleased to be given the opportunity to invest in AAA who has a significant share holding in Sentiance. Sentiance has been developing AI solutions for many years and has a blue chip client base. We are excited to have small shareholding in this AI technology company in what is very a much expanding global industry."

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

The Directors of the Company accept responsibility for the contents of this announcement.

Enquiries:

 
 Lift Global Ventures Plc 
 Zak Mir, CEO                             +44 (0)203 745 1865 
                                         -------------------- 
 Optiva Securities Ltd (AQSE Corporate 
  Adviser and Broker) 
                                         -------------------- 
 Christian Dennis 
  Daniel Ingram                           +44 (0)203 411 1881 
                                         -------------------- 
 

For more information please visit: www.liftgv.com

END

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NEXBBGDRCBBDGXL

(END) Dow Jones Newswires

July 17, 2023 02:30 ET (06:30 GMT)

Lift Global Ventures (AQSE:LFT)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024

Lift Global Ventures (AQSE:LFT)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024