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Vela Technologies (VELA) Share News

TRADING UPDATES: Vela to invest in Tribe Tech; Seraphim NAV down

23rd May 2023 17:16

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

Vela shares up as mulls selling interest in AZD1656 for GBP4.0 million

20th Apr 2023 16:49

(Alliance News) - Vela Technologies PLC on Thursday announced it entered into a put option deal for the right to sell its commercial interest in AZD1656, a Covid application. Read More

Vela Technologies sees asset boost from EnSilica share price increase

10th Feb 2023 11:59

(Alliance News) - Vela Technologies PLC on Friday said total assets increased in the third quarter as investee company EnSilica PLC's high turnover boosted its share price. Read More

AIM WINNERS & LOSERS: Vela Technologies gets boost from EnSilica climb

10th Feb 2023 10:45

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More

EARNINGS SUMMARY: Libertine focused on future; Worsley outperforms

15th Dec 2022 14:33

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

Vela Technologies sells EnSilica shares for GBP349,469

6th Dec 2022 14:54

(Alliance News) - Vela Technologies PLC on Tuesday said that it will funnel net proceeds from a share sale into further investments, after disposing of over 500,000 shares in EnSilica PLC. Read More

LONDON MARKET MIDDAY: FTSE 100 down as Fed fears weigh on stocks

6th Dec 2022 12:29

(Alliance News) - Stocks in London were lower at midday on Tuesday as investors continued to fret about the prospect of another hefty rate hike from the Federal Reserve following the release of a better-than-expected reading on the health of the US service sector. Read More

AIM WINNERS & LOSERS: Vela shares rise on EnSilica disposal

6th Dec 2022 11:07

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More

IN BRIEF: Vela Technologies further invests in Northcoders

28th Nov 2022 12:20

Vela Technologies PLC - Bradford, England-based investment firm focused on early-stage and pre-IPO disruptive technology investments - Announces further investment in Northcoders Group PLC, a Manchester-based coding and software development training for businesses and individuals. Firm buys 33,333 shares at a price of GBP3 each in Northcoders for a total cost of GBP99,999, as part of a secondary placing undertaken by Northcoders which has raised GBP2.1 million before expenses. Read More

UPDATE: Cizzle, Vela Technologies notes planned Conduit Pharma merger

9th Nov 2022 20:41

Cizzle Biotechnology Holdings PLC - London-based diagnostics developer - and Vela Technologies PLC - Bradford, England-based investment firm focused on early-stage and pre-IPO disruptive technology investments - Notes announcement by Conduit Pharmaceuticals Ltd that it intends to become a publicly traded company on the Nasdaq in the US through a merger with special purpose acquisition firm Murphy Cannon Acquisition Corp. The deal is expected to generate USD149.7 million worth of proceeds for Conduit. Read More

LONDON MARKET CLOSE: European stocks tread water amid US midterms

9th Nov 2022 17:05

(Alliance News) - Caution prevailed in European equities on Wednesday, as investors looked past the midterm elections in the US to Thursday's US inflation reading. Read More

IN BRIEF: Vela Technologies notes planned Conduit Pharma merger

9th Nov 2022 16:53

Vela Technologies PLC - Bradford, England-based investment firm focused on early-stage and pre-IPO disruptive technology investments - Notes announcement by Conduit Pharmaceuticals Ltd that it intends to become a publicly traded company on the Nasdaq in the US through a merger with special purpose acquisition firm Murphy Cannon Acquisition Corp. The deal is expected to generate USD149.7 million worth of proceeds for Conduit. Vela holds an interest in the commercialisation of AZD1656, a possible Covid-19 treatment, and one of Conduit's assets. Read More

AIM WINNERS & LOSERS: PCF and SourceBio plan AIM exit; Vela surges

9th Nov 2022 11:19

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

AIM WINNERS & LOSERS: Glantus cautions; Vela hit by tech downturn

28th Sep 2022 11:04

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

Vela Technologies shares fall as turns to annual loss on global issues

28th Sep 2022 10:48

(Alliance News) - Vela Technologies PLC posted an annual loss on Wednesday, as the firm remains without revenue. Read More

Vela Technologies mulls buying a division of a company via assets

2nd Sep 2022 09:35

(Alliance News) - Vela Technologies PLC on Friday said it is considering buying a division of a listed, quoted or private company as part of its investment policy focused on early-stage tech companies. Read More

Vela Tech, Cizzle Biotech shares jump on investee's trial results

18th Aug 2022 11:37

(Alliance News) - Vela Technologies PLC and Cizzle Biotechnology Holdings PLC on Thursday hailed the latest clinical trial results from investee St George Street Capital Ltd. Read More

IN BRIEF: Vela Technologies posts rise in investment portfolio value

22nd Jul 2022 11:21

Vela Technologies PLC - Bradford, England-based investment company focused on early-stage technology companies - Portfolio valuation stands at GBP6.0 million as at June 30, up 7.1% compared to GBP5.6 million as at March 31. Read More

Community-owned shopping platform WeShop launches, with IPO in sight

4th Jul 2022 05:51

(Alliance News) - British tech firm WeShop is launching itself as the world's first community-owned social e-commerce platform, offering shoppers shares in the group every time they make a purchase. Read More

IN BRIEF: Vela Technologies takes 5% stake in TruSpine Technologies

23rd Jun 2022 14:47

Vela Technologies PLC - Bradford, England-based investment company focused on early-stage technology companies - Invests GBP300,000 in TruSpine Technologies PLC. Vela subscribes for 6.0 million TruSpine shares, giving Vela a 5.1% stake. Vela doesn't provide the price per share that it paid, but the amount paid would equate to a price of 5 pence per TruSpine share. The stock was quoted on Aquis Stock Exchange in London on Thursday afternoon at 4.8p. Read More

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