Vela Technologies #VELA – Further update re TruSpine Technologies June 14, 2022 – Posted in: Vela Technologies Plc (VELA) – Tags: , , ,

The Board of Vela (AIM:VELA) has become aware that the announcement that it made at 7.00 a.m. on Tuesday 14 June 2022 has been misinterpreted in some quarters and is therefore issuing this further update.

The earlier announcement stated that a placing letter had been signed on behalf of Vela without the authority of the Vela Board.  Vela wishes to clarify that the broker referred to in the announcement as ‘the Company’s own broker’ was not Vela’s Broker, Peterhouse Capital Limited (‘Peterhouse’) but was a reference to the retail stockbroker and custodian used by Vela.

Vela also wishes to apologise to Peterhouse for the misunderstanding that may have arisen from the original announcement.

For further information, please contact:

Vela Technologies plc

Brent Fitzpatrick, Non-Executive Chairman

James Normand, Executive Director

 

Tel: +44 (0) 7421 728875

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

Lucy Williams / Duncan Vasey / Eran Zucker 

 

 

 

Novus Communications (PR and IR Adviser)

Tel: +44 (0) 20 7448 9839

Alan Green / Jacqueline Briscoe