VELA TECHNOLOGIES PLC - Holding(s) in Company

PR Newswire

London, January 8



For filings with the FSA include the annex

For filings with issuer exclude the annex



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi




1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are                        Vela Technologies Plc
attached:ii

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                              X

An acquisition or disposal of qualifying financial instruments which may result
in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the                          Hawk Investment Holdings
notification obligation:iii                                                        Limited

4. Full name of shareholder(s)
 (if different from 3.):iv

5. Date of the transaction and date on
which the threshold is crossed or                                               07/01/2014
reached: v

6. Date on which issuer notified:                                               08/01/2014

7. Threshold(s) that is/are crossed or                                             19%-17%
reached: vi, vii





8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of   Situation previous    Resulting situation after the triggering
shares          to the triggering     transaction
                transaction

if possible     Number     Number     Number     Number of voting    % of  voting rights
using           of         of         of shares  rights              x
the ISIN CODE   Shares     Voting
                           Rights     Direct     Direct xi  Indirect Direct   Indirect
                                                            xii

ORD

                30,000,000 30,000,000 27,000,000 27,000,000          17.70%






B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial  Expiration Exercise/              Number of voting       % of voting
instrument         date xiii  Conversion Period xiv  rights that may be     rights
                                                     acquired if the
                                                     instrument is
                                                     exercised/ converted.






C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi

Resulting situation after the triggering transaction

Type of    Exercise Expiration   Exercise/     Number of voting rights   % of voting
financial  price    date xvii    Conversion    instrument refers to      rights xix, xx
instrument                       period xviii


                                                                         Nominal   Delta






Total (A+B+C)

Number of voting rights                  Percentage of voting rights

27,000,000                               17.70%





9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi








Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease
to hold:

12. Date on which proxy holder will cease to hold
voting rights:





13. Additional information:

14. Contact name:                              Edd Hollier, Investec Wealth & Investment

15. Contact telephone number:                                              0121 232 0707