Vela30 Aug 2020 16:46
Investment company Vela Technologies PLC (LON:VELA) enjoyed a b9ounce, rising 5.9% to 0.09p after it negotiated an extension of the repayment date for its corporate bonds.
The repayment date has been extended by six months to August 2020.
Meanwhile, the board remains in discussions to pull of a corporate transaction, which it said may result in a substantial investment or somebody acquiring the company in a reverse takeover.