Vela Technologies - Director/PDMR Shareholding
31/07/2024 13:11
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240731:nRSe6288Ya&default-theme=true
RNS Number : 6288Y Vela Technologies PLC 31 July 2024
31 July 2024
Vela Technologies plc
("Vela" or the "Company")
Director/PDMR Shareholding
The Board of Vela (AIM: VELA), an AIM-quoted investing company focused on
early stage and pre-IPO disruptive technology investments, was informed that,
on 30 July 2024, Nigel Brent Fitzpatrick, Non-Executive Chairman, bought
30,000,000 ordinary shares of 0.01 pence each in the Company ("Ordinary
Shares") at 0.0085p per Ordinary Share.
Following the above purchase Mr Fitzpatrick now has a total beneficial
interest in 31,500,000 Ordinary Shares, equivalent to approximately 0.17 per
cent. of the Company's issued share capital.
The FCA notification in relation to Mr Fitzpatrick's dealing and made in
accordance with the requirements of the UK Market Abuse Regulation is appended
further below.
For further information, please contact:
Vela Technologies plc Tel: +44 (0) 7950 389 469
Brent Fitzpatrick, Non-Executive Chairman
James Normand, Executive Director
Allenby Capital Limited (Nominated Adviser) Tel: +44 (0) 20 3328 5656
Nick Athanas / Piers Shimwell
Peterhouse Capital Limited (Broker) Tel: +44 (0) 20 7469 0930
Novus Communications (PR and IR Adviser) Tel: +44 (0) 20 7448 9839
Alan Green / Jacqueline Briscoe
About Vela Technologies plc
Vela Technologies plc (AIM: VELA) is an investing company focused on early
stage and pre-IPO long term disruptive technology investments. Vela's
investee companies have either developed ways of utilising technology or are
developing technology with a view to disrupting the businesses or sector in
which they operate. Vela Technologies will also invest in already-listed
companies where valuations offer additional opportunities.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Nigel Brent Fitzpatrick
2 Reason for the notification
a) Position/status Non-Executive Chairman
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 0.01p each
Identification code
GB00BYZ9XC29
b) Nature of the transaction Purchase of ordinary shares
c) Price(s) and volume(s) Price(s) Volume(s)
0.0085p 30,000,000
d) Aggregated information
- Aggregated volume n/a
- Price
e) Date of the transaction 30 July 2024
f) Place of the transaction London Stock Exchange, XLON
2
Reason for the notification
a)
Position/status
Non-Executive Chairman
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
Identification code
Ordinary Shares of 0.01p each
GB00BYZ9XC29
b)
Nature of the transaction
Purchase of ordinary shares
c)
Price(s) and volume(s)
Price(s) Volume(s)
0.0085p 30,000,000
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
30 July 2024
f)
Place of the transaction
London Stock Exchange, XLON
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHSDUFEFELSESW