RE: big dave4 Jul 2021 18:25
Under the terms of the agreement, SGS will pay Vela 8% of proceeds received by SGS in excess of GBP19.2 million.
Vela will pay GBP2.4 million to SGS, where GBP1.1 million will be satisfied by the issue of 1.10 billion new shares in Vela at 0.065 pence each.