REG - Vela Technologies - Issue of Equity and Change of Address <Origin Href="QuoteRef">VELA.L</Origin>

Vela TechnologiesAnnouncement

06/09/2014 20:35

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RNS Number : 2911N
Vela Technologies PLC
25 July 2014 
 
Vela Technologies plc 
 
("Vela" or the "Company") 
 
Issue of Equity & Change of Registered Office Address 
 
Issue of equity 
 
Vela Technologies plc (AIM: VELA), the investing company focussed on early
stage and pre-IPO technology investments, announces that it has today issued
7,000,000 ordinary shares of 0.1 pence each in the Company (the "New Ordinary
Shares") to a consultant in lieu of fees. The New Ordinary Shares were issued
at a price of 0.5p per share, a premium of 5.3 per cent. to the Company's
closing mid-market price on 24 July 2014. 
 
The New Ordinary Shares will represent 2.81 per cent. of the issued share
capital in the Company (as enlarged by their issue). The New Ordinary Shares
will rank pari passu in all respects with the existing ordinary shares. 
 
Application will be made to the London Stock Exchange for the 7,000,000 New
Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected
that Admission will become effective on or around 31 July 2014. 
 
Following the issue of the New Ordinary Shares, the Company's issued share
capital consists of 249,088,020 ordinary shares of 0.1 pence each with one
voting right each. The Company does not hold any ordinary shares in treasury.
Therefore the total number of ordinary shares and voting rights in the Company
is 249,088,020. 
 
The above figure may be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the share capital
of the Company under the FCA's Disclosure and Transparency Rules. 
 
Change of registered office address 
 
The Company has, with immediate effect, changed its registered office address
to 55 Bingley Road, Saltaire, Shipley, BD18 4SB. 
 
For further information: 
 
 Vela Technologies plc                                                                        
 Brent Fitzpatrick, Non-Executive ChairmanAntony Laiker, Director  Tel: +44 (0) 7802 262 443  
 Allenby Capital Limited                                                                      
 Nick Athanas/Katrina Perez/James Reeve                            Tel: +44 (0) 20 3328 5656  
 Newgate Threadneedle                                                                         
 Graham Herring/Heather Armstrong                                  Tel: +44 (0) 20 7653 9850  
 
 
This information is provided by RNS
The company news service from the London Stock Exchange