PR Newswire
London, March 31
31 March 2014
Vela Technologies PLC
("Vela" or the "Company")
TVR and Further re Subscription to raise £325,000
Further to the announcement on 25 March 2014, Vela Technologies, the investing
company focussing on early stage and pre-IPO technology investments, announces
that 65,000,000 new ordinary shares of 0.1 pence each in the capital of the
Company were duly allotted and issued on 26 March 2014 and admitted to trading
this morning. Receipt of subscription monies is expected by 2 April 2014.
The enlarged issued share capital of Vela Technologies with voting rights
attached consists of 222,088,020 ordinary shares of 0.1p each with one vote per
ordinary share. There are no shares held in Treasury. The total number of
voting rights in Vela Technologies is therefore be 222,088,020, which figure
may be used by shareholders (and others with notification obligations) as the
denominator for the calculations by which they will determine whether they are
required to notify their interest, or a change to their interest, in Vela
Technologies under the Financial Conduct Authority's Disclosure and
Transparency Rules.
For further Information:
Vela Technologies plc
Brent Fitzpatrick, Non-Executive Chairman 07802 262443
Antony Laiker, Director
ZAI Corporate Finance, Nomad 020 7060 2220
Peter Trevelyan-Clark/Tim Cofman/Wei Wang
Peterhouse Corporate Finance, Joint Broker 020 7469 0932
Eran Zucker
Hume Capital Securities plc, Joint Broker 020 3693 1470
Jon Belliss
Newgate Threadneedle 020 7653 9850
Graham Herring/Heather Armstrong
