#VELA Vela Technologies PLC Investee Company – EnSilica – Result of Retail Offer March 14, 2023 – Posted in: Vela Technologies Plc (VELA) – Tags: finance, investment, shares, voting
EnSilica (AIM:ENSI), a leading mixed signal chip maker, is pleased to announce that, further to the Company’s announcement made at 7:01am on 9 March 2023 and the subsequent closing of the Retail Offer on 13 March 2023 at 5:00pm, 26,206 new Ordinary Shares will be issued at the Issue Price of 70p under the Retail Offer, raising £18,344.20 before expenses.
Application has been made to London Stock Exchange plc for the Retail Offer Shares to be admitted to trading on AIM (“Retail Admission”). It is currently anticipated that Retail Admission will become effective, and that dealings in the Retail Offer Shares will commence on AIM, at 8.00 a.m. on or around 15 March 2023.
Ian Lankshear, Chief Executive Officer of EnSilica plc, commented:
“We welcome this ongoing support from our shareholders and look forward to updating the market on our continued progress over the coming months.”
Total voting rights
On Retail Admission, the Company will have 78,115,158 ordinary shares of 0.1p each in issue, each with one voting right. There are no shares held in treasury. Therefore, the Company’s total number of ordinary shares in issue and voting rights will be 78,115,158 and this figure may be used by shareholders from Retail Admission as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure Guidance and Transparency Rules.
Capitalised terms used but not defined in this announcement have the same meanings as set out in the Company’s announcements on 9 March 2023.
For further information please contact:
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EnSilica plc Ian Lankshear, Chief Executive Officer Matthew Wethey, Chief Financial Officer |
Via Vigo Consulting +44 (0)20 7390 0233 |
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Allenby Capital Limited, Nominated Adviser & Broker Jeremy Porter / Vivek Bhardwaj (Corporate Finance) Joscelin Pinnington / Tony Quirke (Sales & Corporate Broking)
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+44 (0)20 3328 5656 info@allenbycapital.com |
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Vigo Consulting (Investor & Financial Public Relations) Jeremy Garcia / Kate Kilgallen |
+44 (0)20 7390 0233 ensilica@vigoconsulting.com |
About EnSilica
EnSilica is a leading fabless design house focused on custom ASIC design and supply for OEMs and system houses, as well as IC design services for companies with their own design teams. The Company has world-class expertise in supplying custom RF, mmWave, mixed signal and digital ICs to its international customers in the automotive, industrial, healthcare and communications markets. The Company also offers a broad portfolio of core IP covering cryptography, radar, and communications systems. EnSilica has a track record in delivering high quality solutions to demanding industry standards. The Company is headquartered near Oxford, UK and has design centres across the UK and in India and Brazil.
Further information on the Company can be found on its website at: www.ensilica.com
This announcement should be read in its entirety. In particular, the information in the “Important Notices” section of this announcement should be read and understood.