31 March 2020

Vela Technologies plc

("Vela" or the "Company")

Total Voting Rights

The Board of Vela (AIM: VELA) announces that the Company's issued share capital as at the date of this announcement comprises 1,748,943,717 ordinary shares of 0.1p each, with one voting right per share ("Ordinary Shares"). The Company does not hold any Ordinary Shares in treasury and therefore the total number of Ordinary Shares and voting rights in the Company is 1,748,943,717.

The above figure of 1,748,943,717 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules. 

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About Vela Technologies 

Vela Technologies (AIM: VELA) is an investing company focused on early stage and pre-IPO long term disruptive technology investments. There are currently 12 investments in the portfolio which either have developed ways of utilising technology or developing technology with a view to disrupting the businesses or sector in which they operate. More recently, Vela Technologies has also started to focus on existing listed companies where valuations may offer additional opportunities.