Pires Investments plc (AIM:PIRI) acquired 28% stake in Sure Ventures Plc (LSE:SURE) from existing shareholders for £2 million on February 12, 2021. As per terms,1.5 million shares are acquired at £1.3 per share. The consideration comprises issuance of 14.4 million new ordinary shares at £0.14 per share. Liam Murray and Ludovico Lazzaretti of Cairn Financial Advisers LLP acted as financial advisors for Pires.

Pires Investments plc (AIM:PIRI) completed the acquisition of an additional 28% stake in Sure Ventures Plc (LSE:SURE) from existing shareholders on February 12, 2021.