-12 Nov 2020 09:36
YOU ARE A BUYING AT A DISCOUNT AT THE CURRENT SP:
1,100,000,000 new ordinary shares in Vela (the "Consideration Shares"), at a price of 0.1p per Consideration Share, being a premium of 56.9 per cent. to the Company's closing mid-market price of 0.06375 pence on the day prior to this announcement. The Consideration Shares will be subject to a lock-in agreement until the successful completion of Phase II of the trial