Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVela Technologies Share News (VELA)

Share Price Information for Vela Technologies (VELA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0125
Bid: 0.012
Ask: 0.013
Change: 0.00 (0.00%)
Spread: 0.001 (8.333%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.0125
VELA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

DIRECTOR DEALINGS: Vela buys shares from MTI Wireless Edge senior team

Thu, 25th Mar 2021 15:26

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

----------

Lloyds Banking Group PLC - London-based lender - Vim Maru, director of Retail, sells 1.0 million shares at average GBP0.42, worth GBP415,675, on Wednesday. Andrew Walton, corporate affairs director, sells 220,411 shares at the same price, worth GBP91,484, also on Wednesday. Maru continues to hold 5.9 million shares and Walton 790,269.

----------

MTI Wireless Edge Ltd - Israel-based communication and radio frequency solutions firm - Senior management, including Non-Executive Chair Zvi Borovitz and Chief Executive Officer Moni Borovitz, sell 3.7 million at 80p, worth GBP3.0 million. Says sales were to institutional and other investors following a series of investor meetings organised by MTI's brokers, Allenby Capital Ltd and Peterhouse Capital Ltd. Mokirei Aya Ltd, a company controlled by the Borovitz family, now is interested in 26.4 million shares, a 29.8% stake. Zvi Borovitz and Moni Borovitz also are directly interested in 1.1 million and 371,254 shares respectively, and these holdings remain unchanged. Separately, Vela Technologies PLC says it bought 250,000 of the MTI shares, a 0.3% stake, spending GBP200,000 from existing cash reserves.

----------

Ncondezi Energy Ltd - coal-fired power project in Mozambique - Issues 4.4 million new shares to employees and contractors in lieu of deferred salaries, bonuses and contractor, adviser and consultant fees. Of these, CEO Hanno Pengilly subscribes for 3.2 million shares, paying 4.5p each for 2.0 million shares and 3.0p each for 1.2 million for a total of GBP126,000. Separately, Ncondezi says tariff negotiations continue for the Tete project, and it awaits formal feedback from Electricidade de Moçambique and the Mozambique government following its submission of studies in December. It adds that partner China Machinary Engineering Corp has reiterated its support for the project.

----------

Capital Ltd - Mauritius-based drilling and mining services - Executive Chair Jamie Boyton buys 225,000 shares at 65p, worth GBP146,250, on Wednesday.

----------

Elementis PLC - London-based speciality chemicals - Non-Executive Director John O'Higgins buys 60,000 shares at GBP1.20, worth GBP72,192, on Tuesday.

----------

accesso Technology Group PLC - Berkshire-headquartered software firm for leisure and entertainment markets - CEO Steve Brown buys 13,000 shares at average 575p, worth GBP74,750, on Tuesday. Now has 678,774 shares, a 1.7% stake.

----------

Johnson Service Group PLC - Cheshire-based textile rental - Non-Executive Director Jock Lennox buys 32,000 shares at 156.00 pence, worth GBP49,920, on Wednesday. The purchase is his only holding.

----------

Centamin PLC - Egyptian gold miner - CEO Martin Horgan buys 25,000 shares at GBP1.05, worth GBP26,125, on Thursday. Now has 41,405 shares.

----------

Zenith Energy Ltd - oil & gas production company focused on Africa - CEO Andrea Cattaneo buys 3.5 million shares at NOK0.12, worth NOK423,500, about GBP35,786, on Wednesday. Cattaneo now has 61.5 million shares, a 5.3% stake.

----------

Blackbird PLC - London-based cloud video editing platform - Chief Operating & Financial Officer Stephen White buys 28,637 shares at 25.29p, worth GBP7,242, on Wednesday. Now owns 335,970 shares.

----------

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
18 Dec 2020 19:58

UK TRADING UPDATE SUMMARY: Ocado Names Mastercard Boss As New Chair

UK TRADING UPDATE SUMMARY: Ocado Names Mastercard Boss As New Chair

Read more
4 Dec 2020 15:14

IN BRIEF: Vela Technologies Invests GBP200,000 In Cornerstone

IN BRIEF: Vela Technologies Invests GBP200,000 In Cornerstone

Read more
20 Oct 2020 12:27

Vela To Issue Shares For Investment In Potential Covid-19 Treatment

Vela To Issue Shares For Investment In Potential Covid-19 Treatment

Read more
20 Oct 2020 10:46

UK WINNERS & LOSERS SUMMARY: IAG Takes Off Amid Heathrow Virus Testing

UK WINNERS & LOSERS SUMMARY: IAG Takes Off Amid Heathrow Virus Testing

Read more
5 Oct 2020 12:51

Vela Technologies Invests GBP250,000 In Mode Global IPO Fundraise

Vela Technologies Invests GBP250,000 In Mode Global IPO Fundraise

Read more
5 Oct 2020 10:02

Vela Technologies acquires £250,000 stake in UK fintech group

(Sharecast News) - Investment firm Vela Technologies has taken up a £250,000 stake in UK-based fintech group Mode Global Holdings as part of the latter's IPO funding round.

Read more
28 Sep 2020 18:14

IN BRIEF: Vela Technologies Full-Year Loss Narrows

IN BRIEF: Vela Technologies Full-Year Loss Narrows

Read more
27 Aug 2020 15:01

UK TRADING UPDATE SUMMARY: BATM Gets First Tier One NFVTime Customer

UK TRADING UPDATE SUMMARY: BATM Gets First Tier One NFVTime Customer

Read more
26 Aug 2020 10:40

UK WINNERS & LOSERS SUMMARY: Provident Financial Up On Better Outlook

UK WINNERS & LOSERS SUMMARY: Provident Financial Up On Better Outlook

Read more
26 Aug 2020 10:12

Vela Technologies Share Suspension Ends As Restructure Completes

Vela Technologies Share Suspension Ends As Restructure Completes

Read more
31 Jul 2020 22:07

Vela Technologies Conditionally Raises GBP1.0 Million Via Placing

Vela Technologies Conditionally Raises GBP1.0 Million Via Placing

Read more
3 Jul 2020 14:48

Vela shares surge on adjusted holding in North Peak Resources

(Sharecast News) - Vela Technologies updated the market on its holding of North Peak Resources on Friday, following North Peak's change of business transaction.

Read more
28 Apr 2020 06:59

Vela Technologies Sells Remaining Holding In Rosslyn Data Technologies

Vela Technologies Sells Remaining Holding In Rosslyn Data Technologies

Read more
20 Dec 2019 13:35

Vela Technologies Interim Loss Narrows During "Intense" Year

Vela Technologies Interim Loss Narrows During "Intense" Year

Read more
19 Dec 2019 15:10

Vela Tech, Two Shields And Primorus Investee WeShop To IPO In 2020

Vela Tech, Two Shields And Primorus Investee WeShop To IPO In 2020

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.