Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. 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: 0.012
Bid: 0.011
Ask: 0.013
Change: 0.00 (0.00%)
Spread: 0.002 (18.182%)
Open: 0.012
High: 0.012
Low: 0.012
Prev. Close: 0.012
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: Vela to invest in Tribe Tech; Seraphim NAV down

Tue, 23rd May 2023 17:16

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

----------

Civitas Social Housing PLC - Exeter, England-based healthcare real estate investment trust - Skandinaviska Enskilda Banken AB sells entire 10% stake in company on Monday.

----------

Crossword Cybersecurity PLC - London-based cybersecurity company focused on cyber strategy and risk, supply chain cyber, threat detection and response, and digital identity, working with UK universities - Notes subsidiary Crossword Consulting Ltd enters related-party agreement with consultancy of director. Says agreement worth up to GBP750,000 is with Cumberland House Consulting Ltd, a company connected to Director Robert Coles. Crossword Consulting will provide services to a Cumberland client, the firm says.

----------

Gunsynd PLC - London-based company investing in companies and projects within the natural resources, life sciences and beverage sectors - Notes investee Omega Oil spuds second well, Canyon 1 in Australia, on May 8. Says well reaches total depth of 4,000 metres.

----------

Horizonte Minerals PLC - Nickel project developer in Brazil - G10 Capital Ltd sells entire 23% stake in company on May 2, as La Mancha Resource Capital LLP buys 23% stake in Horizonte Minerals the same day.

----------

RM Infrastructure Income PLC - invests in loans to infrastructure assets - Says continues to deliver on investment objective of providing "attractive" net asset value total returns. Firm says it has "refreshed its investment focus on social & environmental infrastructure, increasing exposures to its core target sectors with approximately 59% of the portfolio's committed capital currently invested within social & environmental infrastructure." Declares 1.625 pence per share dividend. RM Infrastructure says will allow broader review of its strategy, superseding a previously announced liquidity opportunity consultation.

----------

Seraphim Space Investment Trust PLC - space technology investment firm - In the third financial quarter that ended on March 31, reports net asset value per share drop of 1.0% to 91.77 pence from 92.74p as at December 31. Company notes macro-economic headwinds. CEO Mark Boggett says: "The quarter saw the team focused on portfolio activities whilst continuing to build a pipeline offering exposure to the highest calibre SpaceTech companies. Over the quarter, we supported an important emerging portfolio company, QuadSAT, and closed an additional follow-on investment and a new early-stage investment after the period end."

----------

Vela Technologies PLC - early stage-focused technology investor - Says will invest GBP250,000 in Tribe Technology Group Ltd, as part of a GBP2.0 million pre-IPO funding round undertaken by Tribe Tech, which offers autonomous reverse circulation. In the year ended June 30, Tribe Tech had reported a post-tax loss of GBP1.7 million.

----------

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
23 Feb 2024 21:25

IN BRIEF: Vela Technologies notes drop in quarterly asset valuation

Vela Technologies PLC - Early stage-focused technology investor - Issues quarterly investment update. Says the value of Vela's total assets decreased during the quarter to December 31 by 9% to GBP6.2 million. Notes Vela's portfolio comprised a total of 15 active investments, unchanged from the end of the previous quarter. Two of these investments were unquoted, 13 were quoted. Estimates the fair value of the investment portfolio was GBP6.2 million, down from GBP6.8 million at September 30.

Read more
23 Feb 2024 13:03

Vela Technologies reports fall in total assets

(Sharecast News) - Early-stage technology investor Vela Technologies said in an update on Friday that its total assets, including cash, decreased by £0.64m or 9% during the December quarter, amounting to £6.18m.

Read more
22 Dec 2023 12:41

IN BRIEF: Vela Technologies swings to profit amid "cautious optimism"

Vela Technologies PLC - Early stage-focused technology investor - Posts a pretax profit of GBP502,000 for the first half ended September 30, swinging from a loss of GBP127,000 the year prior. Reports no revenue for the period, unchanged from the previous year. Says that it is "cautiously optimistic" of its long-term future, and is committed to its investment strategy.

Read more
13 Dec 2023 19:48

EARNINGS AND TRADING: NWF trading inline; Tandem's markets challenging

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

Read more
4 Dec 2023 15:42

UK shareholder meetings calendar - next 7 days

Tuesday 5 December 
450 PLCAGM
Wednesday 6 December 
Alternative Liquidity Fund LtdAGM
Bowleven PLCAGM
Gattaca PLCAGM
STM Group PLCcourt meeting and EGM re takeover by Pension SuperFund Capital
VinaCapital Vietnam Opportunity Fund LtdAGM
Virgin Wines UK PLCAGM
Thursday 7 December 
Asia Dragon Trust PLCAGM
Bioventix PLCAGM
Darktrace PLCAGM
Doric Nimrod Air Two LtdAGM
essensys PLCAGM
Fidelity Emerging Markets LtdAGM
GS Chain PLCAGM
Haydale Graphene Industries PLCAGM
Kibo Energy PLCAGM
Kin & Carta PLCAGM
Lok'n Store Group PLCAGM
Parity Group PLCGM re sale of Parity Professionals to Network Ventures
Supermarket Income REIT PLCAGM
Westmount Energy LtdAGM
YouGov PLCAGM
Friday 8 December 
Amedeo Air Four Plus LtdAGM
Ashoka India Equity Investment Trust PLCAGM
Associated British Engineering PLCAGM
Associated British Foods PLCAGM
Corcel PLCGM re disposal of 41% interest in the Mambare nickel/cobalt project
Hargreaves Lansdown PLCAGM
URA Holdings PLCGM re closing the fundraise
Monday 11 December 
IamFire PLCAGM with vote on name change to WeCap PLC
Pharma C Investments PLCGM re allowing investments in fintech, AI sectors
SigmaRoc PLCGM re reverse takeover
Tribal Group PLCGM re cash offer by Tiger Bidco 1 Ltd
Vela Technologies PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

Read more
28 Sep 2023 19:03

EARNINGS: Trellus Health loss narrows, in late-stage product talks

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

Read more
27 Sep 2023 19:43

TRADING UPDATES: Inland Homes appoints administrators; EDX buys Hutano

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

Read more
21 Sep 2023 11:14

Vela Technologies and Cizzle Biotechnology rise on Conduit listing

(Alliance News) - Vela Technologies PLC and Cizzle Biotechnology Holdings PLC on Thursday said the go-ahead for a partner to take on a New York listing will allow them to cash in options to sell their interests in a new drug.

Read more
21 Sep 2023 10:49

AIM WINNERS & LOSERS: Vela and Cizzle up as Conduit takes NY listing

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

Read more
7 Sep 2023 20:27

TRADING UPDATES: Tintra receives bid approach; NCC trading in line

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

Read more
5 Sep 2023 12:27

Tribe Technology debuts on AIM after raising GBP5 million in IPO

(Alliance News) - Tribe Technology PLC shares started trading on the AIM market in London on Tuesday, after the mining equipment maker raised GBP4.6 million in its initial public offering.

Read more
15 Aug 2023 10:48

Murphy Canyon to hold meeting on planned buy of interest in AZD1656

(Alliance News) - Cizzle Biotechnology PLC and Vela Technologies PLC on Tuesday noted that blank-check special purpose acquisition company Murphy Canyon Acquisition Corp will hold a special meeting on September 7.

Read more
20 Apr 2023 16:49

Vela shares up as mulls selling interest in AZD1656 for GBP4.0 million

(Alliance News) - Vela Technologies PLC on Thursday announced it entered into a put option deal for the right to sell its commercial interest in AZD1656, a Covid application.

Read more
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

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.