6 Dec 2019 16:51
6 December 2019
Vela Technologies plc
("Vela" or the "Company")
Director / PDMR Shareholding
The Board of Vela announces that, following a grant of probate on 10 September 2019, Antony Laiker, Executive Director of the Company, inherited ownership of 3,933,000 ordinary shares in the Company ("Ordinary Shares") on 5 December 2019, at a probate value of 0.09 pence per share. Mr Laiker's resultant shareholding in the Company is 305,108,301 Ordinary Shares, equivalent to 17.75 per cent. of the Company's issued share capital.
For further information, please contact:
Vela Technologies plc | Tel: +44 (0) 7802 262 443 |
Brent Fitzpatrick, Non-Executive Chairman Antony Laiker, Director
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Allenby Capital Limited (Nominated Adviser) | Tel: +44 (0) 20 3328 5656 |
Nick Athanas/Asha Chotai
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Smaller Company Capital Limited (Joint Broker) | Tel: +44 (0) 20 3651 2910 |
Rupert Williams/Jeremy Woodgate |
About Vela Technologies
Vela Technologies (AIM: VELA) is an investing company focused on early stage and pre-IPO long term disruptive technology investments. There are currently 12 investments in the portfolio which either have developed ways of utilising technology or developing technology with a view to disrupting the businesses or sector in which they operate. More recently, Vela Technologies has also started to focus on existing listed companies where valuations may offer additional opportunities.
1. | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Antony Laiker | |||||
2. | Reason for the Notification | ||||||
a) | Position/status | Executive Director | |||||
b) | Initial notification/Amendment | Initial Notification | |||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a) | Name | Vela Technologies plc | |||||
b) | LEI | 213800SWFEORWAP84393 | |||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||||
a) | Description of the Financial instrument, type of instrument | Ordinary shares of 0.1p each | |||||
Identification code | ISIN: GB00BYZ9XC29 | ||||||
b) | Nature of the transaction | Probate grant | |||||
c) | Price(s) and volume(s) |
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d) | Aggregated information: ·;Aggregated volume ·;Price | N/A | |||||
e) | Date of the transaction | 5 December 2019 | |||||
f) | Place of the transaction | Outside a trading venue | |||||
Vela Technologies (VELA)