REG - Vela Technologies - Appointment of Non-Executive Director

Vela TechnologiesAnnouncement

21/07/2022 13:45

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RNS Number : 3402T  Vela Technologies PLC  21 July 2022

21 July 2022

Vela Technologies plc

("Vela" or "the Company")

Appointment of Non-Executive Director

The Board of Vela Technologies (AIM: VELA) announces the appointment of Antony
Laiker as a Non-Executive Director of the Company with immediate effect.

Antony Laiker served as an Executive Director of the Company from 2013 to
2020. Currently, in addition to roles as an investor and director / advisor to
a number of early stage companies, he is a stockbroker at First Equity
Limited.

The Company intends to strengthen the Board further through the appointment of
an additional independent Non-Executive Director to the Board in due course.

Brent Fitzpatrick, Non-Executive Chairman of Vela, commented:

"We welcome Antony back to the board in a non-executive capacity. Antony is a
significant shareholder in Vela and has extensive experience of the small-cap
marketplace. We look forward to drawing upon this experience again as the
Company seeks to build and manage its investment portfolio. His knowledge of
Vela's investments and the background to the Company will be important as we
seek to create shareholder value."

AIM Disclosures:

The following information is disclosed pursuant to Rule 17 and Schedule Two
paragraph (g) of the AIM Rules for Companies.

Antony Jon Laiker, who is aged 60, has the following current or past
directorships or partnerships:

 Current directorships/partnerships  Past directorships/partnerships held within the last five years
 Widdington Limited                  Vela Technologies plc
 BIXX Tech Limited
 BIXX Limited
 GPFONE Limited

 

Antony Laiker has a total beneficial interest in 977,799,500 ordinary shares
of 0.01 pence each in the Company ("Ordinary Shares"), representing 6.02 per
cent. of the Company's issued share capital. Included within the total
beneficial interest stated above are 420,000,000 Ordinary Shares held by BIXX
Tech Limited, a company of which Antony Laiker is a director and significant
shareholder.

 

For further information, please contact:

 Vela Technologies plc                                      Tel: +44 (0) 7421 728875

 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
 Lucy Williams / Duncan Vasey / Eran Zucker / Lauren Riley

 Novus Communications (PR and IR Adviser)                   Tel: +44 (0) 20 7448 9839
 Alan Green / Jacqueline Briscoe

 

About Vela Technologies

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.

 

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