REG - Velocity Composites - Total Voting Rights

Velocity CompositesAnnouncement

31/08/2023 16:30

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RNS Number : 9814K  Velocity Composites PLC  31 August 2023

31 August 2023

 

VELOCITY COMPOSITES PLC

("Velocity, the "Company" or the "Group")

 

Total Voting Rights

 

Velocity Composites plc (AIM: VEL), the leading supplier of composite material
kits to aerospace and other high-performance manufacturers, announces that the
total number of Ordinary Shares in the capital of the Company in issue is
40,893,368 with each Ordinary Share carrying the right to one vote. There are
no Ordinary Shares held in treasury and therefore the total number of voting
rights in the Company is 40,893,368. 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, Guidance and Transparency Rules.

 

Enquiries:

 

 Velocity                                Tel: +44 (0) 1282 577577
 Andy Beaden, Chairman

 Jon Bridges, Chief Executive Officer

 Cenkos (Nominated Adviser and Broker)   Tel: +44 (0)20 7397 8900
 Katy Birkin

 Ben Jeynes

 George Lawson

 SEC Newgate (Financial Communications)  Tel: +44 (0)7540 106 366

 Robin Tozer                             Email: velocity@secnewgate.co.uk

 George Esmond

 Harry Handyside

 

About Velocity Composites

Based in Burnley, UK, Velocity Composites is the leading supplier of composite
material kits to aerospace and other high-performance manufacturers, that
reduce costs and improve sustainability. Customers include Airbus, Boeing, and
GKN.

 

By using Velocity's proprietary technology, manufacturers can also free up
internal resources to focus on their core business. Velocity has significant
potential for expansion, both in the UK and abroad, including into new market
areas, such as wind energy, urban air mobility and electric vehicles, where
the demand for composites is expected to grow.

 

 

 

 

 

 

 

 

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