10th Apr 2025 07:00
10 April 2025
Mindflair plc
("Mindflair" or the "Company")
Realisation of investments in Getvisibility amounting to £2.6 million
Mindflair plc, the company investing in next-generation technology focused on AI, is pleased to announce that further to its recent announcement on 10 March 2025, the sale of Visibility Blockchain Limited ("Getvisibility") to Forcepoint, a global leader in data and cloud security, has now been completed and it expects to receive £2.6 million from the sale shortly.
This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement. The person who arranged for the release of this information is Nicholas Lee, a director of the Company.
Enquiries:
Mindflair plc Nicholas Lee, Director |
Tel: +44 (0) 20 3368 8961 |
Nominated Adviser Cairn Financial Advisers LLP Liam Murray/Ludovico Lazzaretti
| Tel: +44 (0) 20 7213 0880 |
Joint broker Peterhouse Capital Limited Duncan Vasey/Lucy Williams | Tel: +44 (0) 20 7469 0935 Tel: +44 (0) 20 7469 0936 |
Joint broker Shard Capital Partners LLP Damon Heath | Tel: +44 (0) 20 7601 6100
|
Notes to Editors
Mindflair plc (AIM: MFAI) is an investment company providing investors with access to a portfolio of next generation technology businesses focused on AI with significant growth potential. The Company is building an investment portfolio of high-tech businesses focused on Artificial Intelligence, across such areas as Internet of Things, Cyber Security, Machine Learning, Immersive Technologies and Big Data, which the Board believes demonstrate evidence of traction and the potential for exponential growth, due to increasing global demand for development in these sectors. For further information, visit: http://www.mindflair.tech/.
Sure Valley Ventures (www.surevalleyventures.com) ("SVV") is a venture capital firm that invests in early-stage AI software companies in the UK and Ireland. Investing in AI since the firm's inception in 2017, SVV has a strong track record of accelerating the growth of private AI companies through to Series A and beyond.
Caution regarding forward looking statements
Certain statements in this announcement, are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ''believe'', ''could'', "should" ''envisage'', ''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect", ''will'' or the negative of those, variations or comparable expressions, including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors.
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