RiverFort Global Opportunities PLC Investment in digital assets sector (0247O)
04 February 2021 - 10:11PM
UK Regulatory
TIDMRGO
RNS Number : 0247O
RiverFort Global Opportunities PLC
04 February 2021
4 February 2021
RiverFort Global Opportunities plc
("RGO" or the "Company")
Investment in the digital assets sector
RGO is pleased to announce that it has invested GBP300,000 for a
7.5% shareholding in a newly incorporated digital assets technology
company, Pluto Digital Assets plc ("Pluto"), as part of a fund
raising to raise a total of GBP2.5 million, which includes a
significant investment from Argo Blockchain plc, the AIM-listed
cryptocurrency mining company which, post this fund raising, will
have a 25% shareholding in Pluto.
Pluto is a crypto venture capital and technology company that
connects Web 3.0 decentralised technologies to the global economy.
Pluto's strategy is to invests in, incubate and advise digital
asset projects based on decentralised technologies, decentralised
finance and networks such as Ethereum and Polkadot.
Pluto's team has strong relationships in the sector which they
expect will provide access to projects at early stages of
development. Furthermore, a number of influential members of the
crypto community have participated in this fund raising.
This investment in Pluto represents an exciting investment into
a technology company with a focus in the fast-growing digital
assets sector. RGO is keen to increase its exposure to the
technology sector, it already has a significant shareholding in
Pires Investments plc, the investment company listed on AIM focused
on investing in next generation technology, which has increased
significantly since RGO made its investments.
Further information on Pluto can be found at
https://plutodigitalassets.com .
Phillip Haydn-Slater, Non-executive Chairman commented:
"We are very pleased to be gaining additional exposure to the
technology sector to complement the investment made to date in
Pires and we look forward to making further investments in this
sector."
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
-----------------
Nicholas Lee, Investment
Director
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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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