RE: Where’s all the happy clappers12 May 2025 20:17
Highlights
- Jim McColl and Chris Cooke join the board with immediate effect;
- £1.1 million fundraise to underpin major new strategic re-focus;
- £230,000 invested by the new Board of Directors;
- Proposed new investing policy to focus on the financial services space; and
- Proposed name change to Caledonian Holdings plc.
Jim McColl, the new Executive Director of Vela, comments: "I am delighted today, alongside Chris Cooke, to join the Board of Vela. The Company represents a unique platform for the creation of a major international financial services investment company, and I look forward to announcing the first steps in this ambitious strategy in the near future."
This is all I’m focusing on.