New Risk • Apr 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (UK£1.65m market cap, or US$2.23m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Large one-off items impacting financial results. New Risk • Aug 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (937% accrual ratio). Revenue is less than US$1m. Market cap is less than US$10m (UK£3.03m market cap, or US$4.10m). Announcement • Jun 30
Mindflair plc Appoints Celia Li as Non-Executive Director, Effective 1 July 2025 Mindflair Plc announced that Celia Li has been appointed as a Non-Executive Director of the Company with effect from 1 July 2025. Ms Li has worked as an international media tech executive and TV presenter for the world's independent Chinese broadcaster Phoenix Satellite Television. Ms Li set up Phoenix TV's London news division in 2004 where she headed the news team. Since then, she has developed strong relationships with corporates and investors across Asia, Europe, and North America. In addition to her media career, Ms. Li has served as a board director and non-executive director for several companies. Current Directorships: Amala Foods PLC, and Market Perspectives Consulting Ltd. Previous Directorships held in the past five years: Drylab Media Tech Group PLC, Future Arts Digital Solutions Ltd. Celia was a director of Drylab Media Tech Group PLC until her resignation on 17 February 2025, a company which appointed a liquidator on 7 March 2025. The liquidation process remains ongoing. Announcement • Jun 28
Mindflair Plc, Annual General Meeting, Jul 23, 2025 Mindflair Plc, Annual General Meeting, Jul 23, 2025. Location: the offices of orrick, herrington and sutcliffe uk llp, 107 cheapside, ec2v 6dn, london United Kingdom New Risk • Jun 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (92% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£5.40m market cap, or US$7.41m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (188% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£4.87m market cap, or US$6.45m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Announcement • Apr 09
Forcepoint Overseas Limited completed the acquisition of Getvisibility Ltd. from Smarttech247 Group plc, Ronan Murphy and others. Forcepoint Overseas Limited signed an agreement to acquire Getvisibility Ltd. from Smarttech247 Group plc, Ronan Murphy and others on March 10, 2025. Ronan Murphy, Executive Chairman of Smarttech247, who is also a significant shareholder in Getvisibility, has also agreed to sell his shareholding in Getvisibility as part of the sale of this company to Forcepoint. Smarttech247 will receive €1.8 million as consideration for sale of its stake in Getvisibility. The completion of the sale of Getvisibility is subject to the satisfaction of certain conditions that are customary for a transaction of this type. The proceeds from the Disposal will be added to the Company's cash reserves. Paul Hastings LLP (U.S.) and O’Flynn Exhams LLP (Ireland) acted as legal advisor to Forcepoint. Mark Brady of SPARK Advisory Partners Limited acted as financial advisor to Smarttech247 Group plc.
Forcepoint Overseas Limited completed the acquisition of Getvisibility Ltd. from Smarttech247 Group plc, Ronan Murphy and others on April 7, 2025. As part of the transition, Brosnan joins Forcepoint as Global Engineering Lead for DSPM, and co-founder Ronan Murphy comes onboard as Chief Data Strategy Officer. Announcement • Mar 11
Forcepoint Overseas Limited signed an agreement to acquire unknown minority stake in Getvisibility Ltd. from Smarttech247 Group plc for €1.8 million. Forcepoint Overseas Limited signed an agreement to acquire unknown minority stake in Getvisibility Ltd. from Smarttech247 Group plc for €1.8 million on March 10, 2025. Ronan Murphy, Executive Chairman of Smarttech247, who is also a significant shareholder in Getvisibility, has also agreed to sell his shareholding in Getvisibility as part of the sale of this company to Forcepoint. The completion of the sale of Getvisibility is subject to the satisfaction of certain conditions that are customary for a transaction of this type. The proceeds from the Disposal will be added to the Company's cash reserves. Paul Hastings LLP (U.S.) and O’Flynn Exhams LLP (Ireland) acted as legal advisor to Forcepoint. Announcement • Dec 26
Mindflair Plc has filed a Follow-on Equity Offering in the amount of £0.49 million. Mindflair Plc has filed a Follow-on Equity Offering in the amount of £0.49 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 81,666,666
Price\Range: £0.006
Transaction Features: Subsequent Direct Listing Announcement • Sep 04
Mindflair Plc, Annual General Meeting, Sep 27, 2024 Mindflair Plc, Annual General Meeting, Sep 27, 2024. Location: the offices of orrick, herrington and sutcliffe uk llp, 107 cheapside, ec2v 6dn, london United Kingdom New Risk • Jul 26
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (46% average weekly change). Earnings have declined by 46% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£4.22m market cap, or US$5.43m). Announcement • Jul 26
Mindflair Plc has completed a Follow-on Equity Offering in the amount of £0.23125 million. Mindflair Plc has completed a Follow-on Equity Offering in the amount of £0.23125 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 92,500,000
Price\Range: £0.0025
Transaction Features: Subsequent Direct Listing New Risk • Jul 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 50% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 46% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£1.30m market cap, or US$1.66m). Minor Risk Shareholders have been diluted in the past year (50% increase in shares outstanding). New Risk • Apr 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£1.58m market cap, or US$1.96m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (50% increase in shares outstanding). Announcement • Feb 23
Mindflair plc Announces Retirement of John May from the Board, Effective March 31, 2024 Mindflair plc announced that John May, a Non-Executive Director of the Company, has decided to retire from the Board, effective 31 March 2024, in order to devote more time to his other roles. New Risk • Dec 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 50% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£2.47m market cap, or US$3.14m). Minor Risk Shareholders have been diluted in the past year (50% increase in shares outstanding). New Risk • Sep 28
New major risk - Revenue and earnings growth Earnings have declined by 27% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m (UK£2.0k revenue, or US$2.4k). Market cap is less than US$10m (UK£2.56m market cap, or US$3.13m). Buying Opportunity • Sep 19
Now 30% undervalued after recent price drop Over the last 90 days, the stock is down 27%. The fair value is estimated to be UK£0.019, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Announcement • Sep 12
Pires Investments plc, Annual General Meeting, Oct 09, 2023 Pires Investments plc, Annual General Meeting, Oct 09, 2023, at 09:30 Coordinated Universal Time. Location: Orrick, Herrington & Sutcliffe (UK) LLP, 107 Cheapside, EC2V 6DN London United Kingdom Agenda: To propose to change the name of the Company to Mindflair plc. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director David Palumbo was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 08
Pires Investments plc, Annual General Meeting, Nov 30, 2022 Pires Investments plc, Annual General Meeting, Nov 30, 2022, at 10:30 Coordinated Universal Time. Location: Orrick, Herrington & Sutcliffe (UK) LLP 107 Cheapside London United Kingdom Agenda: To present the Company's Annual Report and Accounts for the period ended 31 December 2021 to shareholders; to consider re-election of Mr John May as director; to consider re-election of Mr Nicholas Lee as director; to consider re-election of Mr Palumbo as director; to consider reappointment of Auditors; to consider authority to issue shares; and to consider other matters. Board Change • Oct 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director David Palumbo was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 29
Pires Investments plc, Annual General Meeting, Jul 21, 2022 Pires Investments plc, Annual General Meeting, Jul 21, 2022, at 10:00 Coordinated Universal Time. Location: Reed Smith LLP at The Broadgate Tower, 20 Primrose Street London United Kingdom Agenda: To authorise the Directors to allot up to 98,865,712 New Tern Shares (£19,773.14 in nominal value) in connection with the Acquisition. Recent Insider Transactions • Jun 14
Insider recently sold UK£50k worth of stock On the 6th of June, Stephen Jones sold around 978k shares on-market at roughly UK£0.051 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of UK£109k more than they bought in the last 12 months. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director John May was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 26
NFT Investments plc (OFEX:NFT) agreed to acquire Pluto Digital Assets plc from Pires Investments plc (AIM:PIRI) for £59.4 million. NFT Investments plc (OFEX:NFT) agreed to acquire Pluto Digital Assets plc from Pires Investments plc (AIM:PIRI) for £59.4 million on January 24, 2022. Under the terms of consideration, NFT Investments is proposing to acquire the entire issued share capital of Pluto for a consideration to be satisfied by the issue of 2.4 billion ordinary shares in NFT Investments. The acquisition is conditional on certain approvals and so there can be no guarantee that the acquisition will complete. Liam Murray and Ludovico Lazzaretti of Cairn Financial Advisers LLP acted as financial advisor to Pires Investments. Announcement • Feb 14
Pires Investments plc (AIM:PIRI) acquired 28% stake in Sure Ventures Plc (LSE:SURE) from existing shareholders for £2 million. Pires Investments plc (AIM:PIRI) acquired 28% stake in Sure Ventures Plc (LSE:SURE) from existing shareholders for £2 million on February 11, 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 11, 2021. Announcement • Feb 01
Pires Investments plc Appoints David Palumbo as Non-Executive Director Pires Investments plc announced that David Palumbo has been appointed as a Non-executive Director of the Company, effective immediately. David is currently the Chief Executive Officer of AIM-listed EQTEC plc ("EQTEC"), a leading gasification technology solutions company for sustainable waste-to-energy projects, having joined EQTEC's board in August 2019. Since becoming Chief Executive Officer, EQTEC's valuation has increased significantly, and the company now has a market capitalisation of over £160 million. David is an experienced entrepreneur with over 20 years of experience in private equity, venture capital and asset management. Since 2006, he has founded and co-founded a number of companies in various industries such as cleantech, digital technology, and real estate. Announcement • Oct 03
Pires Investments plc Provides Update on Its Investment in Sure Valley Ventures in Relation to Ambisense Pires Investments plc to provide an update on its investment in Sure Valley Ventures in relation to Ambisense, a company within the SVV portfolio, which provides sensors and an analysis platform to allow real-time gas and environmental monitoring. Ambisense has announced its entry into the air quality market with the launch of AmbiAir, a solution designed to help manage, assess, and predict the COVID-19 risk in commercial and public buildings. By increasing building ventilation, and combining it with measures such as social distancing, it is possible to decrease the COVID-19 risk in public spaces. Studies show that the danger of exposure to COVID-19 is reduced when the level of CO2 is below 600ppm, relative humidity is between 40-60%, and there are no or very minimal levels of PM2.5. AmbiAir is a low-cost solution that combines discreet, multi-deployable hardware with Ambilytics, an intelligent platform that digs through the vast quantities of location-based data, to quickly and easily understand the performance of these critical risk drivers, identifying risk hot-spots in real-time, and predicting when safe levels are likely to be breached. The first in a range of air quality solutions being released by Ambisense this year, AmbiAir combines multiple tools and techniques useful to air quality professionals to understand the behaviour of air quality pollutants. 