16th Feb 2015 09:42
LONDON (Alliance News) - Investing company Vela Technologies PLC on Monday said it has raised GBP300,000 via a share issue.
The company has issued 200 million shares at 0.15 pence per share. Shares in Vela were untraded on Monday, having last traded at 0.170 pence.
Vela said the proceeds will be used to provide working capital and to back its investment policy.
By Sam Unsted; [email protected]; @SamUAtAlliance
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