14th May 2015 09:51
LONDON (Alliance News) - Vela Technologies PLC on Thursday said it has increased its stake in fellow UK-listed investing company 3Legs Resources PLC to 5.4%.
Vela has acquired a further 4.5 million shares in 3Legs, just over 1.0% of the total share capital, at 0.215 pence per share. Shares in 3Legs were up 13% to 0.26 pence Thursday, one of the best performers in the London Main Market.
Vela shares were up 14% to 0.25 pence Thursday, one of the best performers in the AIM All-Share.
By Sam Unsted; [email protected]; @SamUAtAlliance
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