metnioned in the VELA rns16 Apr 2015 08:07
3Legs Resources plc ("3Legs") (£40,025 invested, 4.41 per cent. equity interest)
3Legs is an Isle of Man incorporated investing company whose shares are traded on AIM. In February 2015, 3Legs completed a corporate reorganisation which included the adoption of a new investing policy to invest in and/or acquire companies within the technology sector or within the resources sector, particularly where a resource can be brought into production through the application of modern technologies.
Between 27 February 2015 and 25 March 2015, Vela acquired a total of 19,000,000 shares in 3Legs at an average price of 0.21 pence per share for a total consideration of £40,025.
As at the date of this announcement Vela's interest in 3Legs is valued at £52,250 (as referenced to 3Legs's closing mid-market share price on 15 April 2015).