17th Nov 2021 20:31
(Alliance News) - Vela Technologies PLC and Primorus Investments PLC on Wednesday noted that their investee company WeShop Ltd has been acquired by Boanerges Ltd.
Vela holds 71,429 shares in WeShop, representing 1.5% of WeShop's share capital, while Primorus holds 150,119 shares - equal to a 3.1% stake.
Boanerges to issue 33.3 million shares to acquire WeShop.
Vela Technologies shares closed up 1.4% at 0.058 pence and Primorus Investments ended up 2.9% at 3.76p in London on Wednesday.
By Arvind Bhunjun; [email protected]
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