25 September 2015

Vela Technologies plc

("Vela" or the "Company")

Result of Annual General Meeting

The Board of Vela (AIM: VELA), the investing company focused on early-stage and pre-IPO disruptive technology investments, is pleased to announce that at the Company's Annual General Meeting held earlier today all of the resolutions were passed.

For further information please contact:

Vela Technologies plc

Brent Fitzpatrick, Non-Executive Chairman

Antony Laiker, Director

Tel: +44 (0) 7802 262 443

Allenby Capital Limited

(Nominated Adviser)

Nick Athanas/Katrina Perez/James Reeve

Vicarage Capital Limited

(Broker)

Rupert Williams/Jeremy Woodgate

Tel: +44 (0) 20 3328 5656

Tel: +44 (0) 20 3651 2910