Mindflair PLC Change of Name (7860V)
December 06 2023 - 1:00AM
UK Regulatory
TIDMMFAI
RNS Number : 7860V
Mindflair PLC
06 December 2023
6 December 2023
Mindflair plc
("Mindflair" or the "Company")
(formerly Pires Investments plc)
Change of name to Mindflair plc
Change of website address
The Company announces that, following approval by Shareholders
at its Annual General Meeting held on 9 October 2023, the Company
has now changed its name to Mindflair plc and the Company's London
Stock Exchange market ticker will become MFAI (formerly PIRI) as of
08:00 today.
The Company's new website address (which includes the
information required by AIM Rule 26) is www.mindflair.tech and the
Company's ISIN, SEDOL and LEI remain unchanged.
Nicholas Lee, Director of Mindflair, commented :
"We believe that our new name and website better reflect and
highlight the current focus of the Company which provides listed
equity investors with exposure to a portfolio of AI technology
companies. In particular, Mindflair:
- provides exposure to a portfolio of 19 companies through
direct and indirect investments with a focus on AI which we are
seeking to grow;
- co-invests with leading investors including the British Business Bank and Enterprise Ireland;
- provides public market investors with exposure to a private
venture capital portfolio at a significant discount to NAV; and
- has cost efficient access to leading sector experts in AI.
Furthermore, as previously stated, we are anticipating receiving
cash returns from the sale of existing portfolio companies, whilst
taking advantage of the range of exciting AI investment
opportunities currently available".
Click on the following link to watch a short introductory video
on the Company
https://mindflair.tech/2023/12/02/mindflair-video/.
The Directors of the Company are responsible for the release of
this announcement.
Enquiries:
Mindflair plc Tel: +44 (0) 20 3368 8961
Nicholas Lee, Director
Nominated Adviser Tel: +44 (0) 20 7213 0880
Cairn Financial Advisers LLP
Liam Murray / Ludovico Lazzaretti
Broker Tel: +44 (0) 20 7469 0935
Peterhouse Capital Limited Tel: +44 (0) 20 7469 0936
Duncan Vasey/Lucy Williams
Notes to Editors
About Mindflair plc
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 across areas such as Artificial intelligence, 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: www.mindflair.tech/
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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END
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