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Update re Placing to raise £300,000

15th Aug 2013 13:03

RNS Number : 7976L
Vela Technologies PLC
15 August 2013
 



VELA TECHNOLOGIES PLC

("Vela Technologies" or the "Company")

 

Update re Placing to raise £300,000

 

Further to the "Placing to raise £300,000" announcement released on 09 August 2013, the Company announces that the application has been made to the London Stock Exchange for the 60,000,000 placing shares to be admitted to trading on AIM. It is expected that the admission will become effective and that trading in the new shares will commence on 16 August 2013 ("Admission"). Following the Admission, the total number of ordinary shares in issue is 127,679,308.

 

For further information, please contact:

 

Vela Technologies plc

Brent Fitzpatrick

Non-Executive Director

Email: [email protected]

 

ZAI Corporate Finance Limited

Nomad

Peter Trevelyan-Clark / Wei Wang

Tel: 020 7060 2220

Peterhouse Corporate Finance Limited

Broker

Eran Zucker

Tel: 020 7469 0932

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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