Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. 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: 0.0115
Bid: 0.011
Ask: 0.012
Change: 0.00 (0.00%)
Spread: 0.001 (9.091%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.0115
VELA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Tekcapital investee and Puma VCT 13 raise funds

Thu, 22nd Jul 2021 19:40

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

----------

Tekcapital PLC - London-based intellectual property investment firm - Says portfolio company Lucyd's Innovative Eyewear subsidiary has launched a new Regulation Crowdfund. They are seeking to raise USD500,000 at a USD20 million pre-money valuation. The proceeds are earmarked for building inventory to meet increasing customer demand from its e-commerce and retail sales channels.

----------

Puma VCT 13 PLC - investment firm - Intends to launch a new offer for subscription later in July to raise up to GBP20.0 million with an over-allotment facility of up to a further GBP10.0 million.

----------

3i Infrastructure PLC - Jersey-based investment firm - Says the strategic review of Oystercatcher's European terminals in Amsterdam, Terneuzen, Ghent and Malta has reached an advanced stage. 3i, Oiltanking GmbH and Evos, through Evos Finance BV, intend to enter into an agreement for the sale & purchase of Oystercatcher's 45% stakes in the terminals, as well as the 55% stakes held by Oiltanking GmbH. Entering into a sale & purchase agreement is subject to the applicable Dutch and Belgian employee consultation procedures.

----------

Vela Technologies PLC - investment firm - Invests GBP750,000 in Northcoders Group PLC's initial public offering funding round which has raised GBP3.5 million. The investment was made from Vela's existing cash resources and is the second-largest investment made by Vela since its strategic relaunch in August 2020.

----------

Ecofin US Renewables Infrastructure Trust PLC - investment firm - Agrees to buy twelve ground mount solar photovoltaic projects at construction stage with an aggregate asset value of USD95 million. The combined capacity of the projects is estimated at 69 megawatts, which will help offset over 83,000 tonnes of CO2 equivalent each year. The projects are expected to commence operations in phases beginning in the first quarter of 2022.

----------

Oncimmune Holdings PLC - Nottingham, England-based diagnostics company - Reports the pre-publication of the first results from its collaboration with Cedars-Sinai Medical Center in Los Angeles. The paper focuses on the characterisation of sex-specific prevalence and selectivity of autoantibody responses to the SARS-CoV-2 virus. The aim of this initial research project was to use the SeroTag infectious diseases discovery array to detect autoantibodies to over 90 antigens previously linked to a range of classic autoimmune diseases. The paper reveals a sex-specific prevalence and selectivity of autoantibody responses to SARS-CoV-2 and concludes that further understanding of the nature of triggered and persistent autoantibody activation among men and women exposed to SARS-CoV-2 will be essential for developing effective interventions against both acute, and chronic immune-mediated sequelae of Covid-19.

----------

Zenith Energy Ltd - Calgary, Canada-based oil & gas company - Says Chapman Petroleum Engineering Ltd, Zenith's independent qualified reserves evaluator, has produced a new independent evaluation of reserves for the year ended March 31. Chapman has assessed Zenith's proved plus probable reserves for its existing portfolio in Italy and Tunisia as 6,274 million barrels of oil equivalent.

----------

Atlas Mara Ltd - Tortola, British Virgin Islands-based financial services firm - Defends the application by TLG ATMA Ltd with the High Court of Justice of the Eastern Caribbean Supreme Court, British Virgin Islands seeking to appoint joint liquidators for Atlas Mara. The company says this outcome is in the best interest of all stakeholders and is a vindication of the company's position.

----------

UDG Healthcare PLC - Dublin, Ireland-based healthcare company - Says shareholders voted in favour of UDG takeover in an adjourned meeting in connection with the increased and final recommended cash offer by Nenelite Ltd, an affiliate of Clayton, Dubilier & Rice LLC. The sanctioning of the acquisition by the High Court is expected in August. No third-quarter trading update will be issued by UDG, it says.

----------

Audioboom Group PLC - Jersey-based podcasting company - Rejects possible offer from All Active Asset Capital Ltd as it "undervalues the Audioboom business, its progress and potential to capitalise on its market position to generate value for the company's shareholders". The company notes that Active Asset Capital must by no later than August 16 to either make an offer or to announce that it does not intend to make an offer.

----------

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
10 Feb 2023 11:59

Vela Technologies sees asset boost from EnSilica share price increase

(Alliance News) - Vela Technologies PLC on Friday said total assets increased in the third quarter as investee company EnSilica PLC's high turnover boosted its share price.

Read more
10 Feb 2023 10:45

AIM WINNERS & LOSERS: Vela Technologies gets boost from EnSilica climb

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Read more
15 Dec 2022 14:33

EARNINGS SUMMARY: Libertine focused on future; Worsley outperforms

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
6 Dec 2022 14:54

Vela Technologies sells EnSilica shares for GBP349,469

(Alliance News) - Vela Technologies PLC on Tuesday said that it will funnel net proceeds from a share sale into further investments, after disposing of over 500,000 shares in EnSilica PLC.

Read more
6 Dec 2022 12:29

LONDON MARKET MIDDAY: FTSE 100 down as Fed fears weigh on stocks

(Alliance News) - Stocks in London were lower at midday on Tuesday as investors continued to fret about the prospect of another hefty rate hike from the Federal Reserve following the release of a better-than-expected reading on the health of the US service sector.

Read more
6 Dec 2022 11:07

AIM WINNERS & LOSERS: Vela shares rise on EnSilica disposal

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

Read more
28 Nov 2022 13:58

Vela Technologies makes further investment in Northcoders

(Sharecast News) - Technology investor Vela has purchased 33,333 shares in Northcoders Group, it announced on Monday, as part of that company's secondary placing as announced on 21 November.

Read more
28 Nov 2022 12:20

IN BRIEF: Vela Technologies further invests in Northcoders

Vela Technologies PLC - Bradford, England-based investment firm focused on early-stage and pre-IPO disruptive technology investments - Announces further investment in Northcoders Group PLC, a Manchester-based coding and software development training for businesses and individuals. Firm buys 33,333 shares at a price of GBP3 each in Northcoders for a total cost of GBP99,999, as part of a secondary placing undertaken by Northcoders which has raised GBP2.1 million before expenses.

Read more
9 Nov 2022 20:41

UPDATE: Cizzle, Vela Technologies notes planned Conduit Pharma merger

Cizzle Biotechnology Holdings PLC - London-based diagnostics developer - and Vela Technologies PLC - Bradford, England-based investment firm focused on early-stage and pre-IPO disruptive technology investments - Notes announcement by Conduit Pharmaceuticals Ltd that it intends to become a publicly traded company on the Nasdaq in the US through a merger with special purpose acquisition firm Murphy Cannon Acquisition Corp. The deal is expected to generate USD149.7 million worth of proceeds for Conduit.

Read more
9 Nov 2022 17:05

LONDON MARKET CLOSE: European stocks tread water amid US midterms

(Alliance News) - Caution prevailed in European equities on Wednesday, as investors looked past the midterm elections in the US to Thursday's US inflation reading.

Read more
9 Nov 2022 16:53

IN BRIEF: Vela Technologies notes planned Conduit Pharma merger

Vela Technologies PLC - Bradford, England-based investment firm focused on early-stage and pre-IPO disruptive technology investments - Notes announcement by Conduit Pharmaceuticals Ltd that it intends to become a publicly traded company on the Nasdaq in the US through a merger with special purpose acquisition firm Murphy Cannon Acquisition Corp. The deal is expected to generate USD149.7 million worth of proceeds for Conduit. Vela holds an interest in the commercialisation of AZD1656, a possible Covid-19 treatment, and one of Conduit's assets.

Read more
9 Nov 2022 11:19

AIM WINNERS & LOSERS: PCF and SourceBio plan AIM exit; Vela surges

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Read more
28 Sep 2022 11:04

AIM WINNERS & LOSERS: Glantus cautions; Vela hit by tech downturn

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Read more
28 Sep 2022 10:48

Vela Technologies shares fall as turns to annual loss on global issues

(Alliance News) - Vela Technologies PLC posted an annual loss on Wednesday, as the firm remains without revenue.

Read more
2 Sep 2022 09:35

Vela Technologies mulls buying a division of a company via assets

(Alliance News) - Vela Technologies PLC on Friday said it is considering buying a division of a listed, quoted or private company as part of its investment policy focused on early-stage tech companies.

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.