Mindflair Plc

Equities

PIRI

GB00BD07SH45

Investment Management & Fund Operators

Market Closed - London S.E. Other stock markets 11:35:06 2024-04-26 am EDT			5-day change	1st Jan Change
0.525 ^GBX	0.00%		0.00%	-41.67%

Feb. 23	Mindflair plc Announces Retirement of John May from the Board, Effective March 31, 2024	CI
Feb. 21	EARNINGS AND TRADING: Sure Ventures value down after VividQ fundraise	AN

Mindflair investee expects to liquidate as meets advisers

December 20, 2023 at 09:32 am EST

Mindflair PLC - investment company focused on artificial intelligence - Notes that investee company Emergent Entertainment Ltd is engaging with insolvency advisers and is anticipated to be placed into liquidation shortly. Based on Mindflair's net asset value of 4 pence at June 30, says Emergent investment represents around 0.7p per share or 18% of NAV. Says as the net cash investment made historically by Mindflair in this company was less than USD200,000 and that, based on the NAV adjusted for the current carrying value of this investment, it is still trading at around 30% of its NAV.

Current stock price: 1.17 pence, up 17%

12-month change: down 54%

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	BIST 30	10,732 PTS	+2.39%	+1.94%	-
	MINDFLAIR PLC	0.525 GBX	0.00%	0.00%	1.79M

Latest news about Mindflair Plc

Mindflair plc Announces Retirement of John May from the Board, Effective March 31, 2024	Feb. 23	CI
EARNINGS AND TRADING: Sure Ventures value down after VividQ fundraise	Feb. 21	AN
Mindflair raises GBP730,000 via discounted placing	Dec. 21	AN
Mindflair Completes Share Issue	Dec. 21	MT
Mindflair investee expects to liquidate as meets advisers	Dec. 20	AN
Pires Investments name change to Mindflair effective	Dec. 06	AN
Pires Investments Rebrands as Mindflair	Dec. 06	MT
Pires Investments plc has Changed its Name to Mindflair plc	Dec. 06	CI
Pires Investments plc has Changed its Ticker to MFAI from PIRI	Dec. 06	CI
Pires Investments investee company leads GBP2.2 million seed round	23-10-18	AN
Pires Investments shareholders approve name change	23-10-09	AN
EARNINGS: Xeros expects breakeven next year, Zinc Media narrows loss	23-09-27	AN
Pires Investments plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-27	CI
FRP Advisory buys Wilson Field for GBP4.8 million	23-09-12	AN
Pires Investments swings to a loss in "testing" year for company	23-06-28	AN
Pires Investments plc Reports Earnings Results for the Full Year Ended December 31, 2022	23-06-28	CI
Pires Investments plc Reports Earnings Results for the Full Year Ended December 31, 2022	23-06-28	CI
Smarttech247 boasts higher revenue in maiden interim results	23-04-27	AN
TRADING UPDATE: Tekmar launches fund raising, Artemis Chair resigns	23-03-31	AN
SIMEC seeks repayment delay, Pires invests in AI	23-02-23	AN
TRADING UPDATES: City of London loss widens; Centamin secures new RCF	22-12-22	AN
Pires Investments Secures Two-Year Loan from Investor Syndicate	22-12-22	MT
Smarttech247 shares edge upwards on first day of trading on AIM	22-12-15	AN
TRADING UPDATES: Poolbeg acquires license; Afentra expects PSA delay	22-12-14	AN
Smarttech247 to start trading on AIM on Thursday after IPO	22-12-14	AN

Chart Mindflair Plc

Duration

Period

More charts

Company Profile

Mindflair plc is a United Kingdom-based investment company providing investors with access to a portfolio of technology businesses focused on artificial intelligence (AI) with significant growth potential. The Company is engaged in building an investment portfolio of high-tech businesses across areas, such as AI, the Internet of things (IoT), cyber security, machine learning, immersive technologies and big data. It invests directly and co-invests alongside British Business Bank & Enterprise Ireland in Sure Valley Ventures' institutional funds, that invest in private AI software companies. It has an AI-focused portfolio of approximately 17 companies consisting of Cameramatics, Smarttech247, Nova Leah, Vividq, Captur, Getvisibility, Retinize, Jaid, Wia, Virtex, Everyangle, Engage Xr, Artomatix, Ambisense, Precog, Volograms, And Low 6.

Sector

Investment Management & Fund Operators

Calendar

2024-04-30 - Q4 2023 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Sector Other Investment Management & Fund Operators

	1st Jan change	Capi.
MINDFLAIR PLC	-41.67%	1.79M
BLACKROCK, INC.	-6.03%	113B
UBS GROUP AG	-3.98%	87.91B
APOLLO GLOBAL MANAGEMENT, INC.	+20.42%	63.85B
BROOKFIELD CORPORATION	+5.29%	61.9B
BANK OF NEW YORK MELLON CORPORATION (THE)	+10.12%	42.86B
AMERIPRISE FINANCIAL, INC.	+7.95%	40.84B
3I GROUP PLC	+18.92%	34.58B
T. ROWE PRICE GROUP INC.	+5.88%	25.46B
STATE STREET CORPORATION	-5.25%	22.13B

Other Investment Management & Fund Operators