from rns 29th march27 Jul 2018 16:39
The Company has entered into a subscription agreement with Portr whereby it agreed to invest £148,466 in Portr funded from the Company's existing cash resources. Vela has taken up it's pre-emption rights and has subscribed for 37,117 shares in Portr, at a price of 400 pence per share. Vela's investment has completed and is unconditional. Following the Investment Vela has now invested a total of approximately £660,000 in cash in Portr across a number of previous funding rounds. SoVela paid 400p per share and now portr are worth a 1000 p per share?with easyjet coming on board,this could multiply the numbers of delivery pretty fast,especially in this hols season...I bough some,today.