Vela Technologies PLC Director/PDMR Shareholding
01 November 2024 - 11:33AM
RNS Regulatory News
RNS Number : 6377K
Vela Technologies PLC
01 November 2024
1 November
2024
Vela Technologies
plc
("Vela"
or the "Company")
Director/PDMR
Shareholding
The Board of Vela (AIM: VELA), an
AIM-quoted investing company focused on early stage and pre-IPO
disruptive technology investments, was informed that, on 31 October
2024, Nigel Brent Fitzpatrick, Non-Executive Chairman, bought
37,000,000 ordinary shares of 0.01 pence each in the Company
("Ordinary Shares") at 0.005p per Ordinary Share.
Following the above purchase, Mr
Fitzpatrick now has a total beneficial interest in 68,500,000
Ordinary Shares, equivalent to approximately 0.36 per cent. of the
Company's issued share capital.
The FCA notification in relation to
Mr Fitzpatrick's dealing and made in accordance with the
requirements of the UK Market Abuse Regulation is appended further
below.
For further information, please
contact:
|
Vela Technologies plc
Brent Fitzpatrick, Non-Executive
Chairman
James Normand, Executive
Director
|
Tel: +44 (0) 7950 389 469
|
|
Allenby Capital Limited (Nominated Adviser)
|
Tel: +44 (0) 20 3328 5656
|
|
Nick Athanas / Piers
Shimwell
|
|
|
Peterhouse Capital Limited (Broker)
|
Tel: +44 (0) 20 7469 0930
|
|
Novus Communications (PR and IR Adviser)
|
Tel: +44 (0) 20 7448 9839
|
|
|
Alan Green / Jacqueline
Briscoe
|
|
|
About Vela Technologies plc
Vela Technologies plc (AIM: VELA) is
an investing company focused on early stage and pre-IPO long term
disruptive technology investments. Vela's investee companies have
either developed ways of utilising technology or are developing
technology with a view to disrupting the businesses or sector in
which they operate. Vela Technologies will also invest in
already-listed companies where valuations offer additional
opportunities.
|
1
|
Details of the
person discharging managerial responsibilities / person closely
associated
|
|
a)
|
Name
|
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
Non-Executive Chairman
|
|
b)
|
Initial notification /Amendment
|
Initial notification
|
|
3
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
|
a)
|
Name
|
Vela Technologies plc
|
|
b)
|
LEI
|
213800SWFEORWAP84393
|
|
4
|
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial instrument, type of
instrument
Identification code
|
Ordinary Shares of 0.01p each
GB00BYZ9XC29
|
|
b)
|
Nature of the transaction
|
Purchase of ordinary shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
0.005p
|
37,000,000
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a
|
|
e)
|
Date of the transaction
|
31 October 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange, XLON
|
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END
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