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Vela Technologies Conditionally Raises GBP1.0 Million Via Placing

Fri, 31st Jul 2020 22:07

Vela Technologies PLC - AIM-listed tech investor - Conditionally raised GBP1.0 million via the placing of 4.17 billion ordinary shares at a price of 0.024 pence per share. Announces resignation of Antony Laiker as an executive director and has proposed appointment of James Normand director. Shares suspended from trading as it works through proposed capital restructure.

Current stock price: 0.07p

Year-to-date change: down 22%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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