#VELA investee co. #ENSI EnSilica PLC – Receipt of R&D tax credit February 29, 2024 – Posted in: Vela Technologies Plc (VELA) – Tags: , , , , , , , ,

Receipt of R&D tax credit

The Company is pleased to advise that it has now received payment for the 2023 R&D tax credit that was referred to in the Company’s interims results on 26 February 2024.

For further information please contact:

EnSilica plc

Ian Lankshear, Chief Executive Officer

www.ensilica.com

Via Vigo Consulting

+44 (0)20 7390 0233

Allenby Capital Limited, Nominated Adviser & Broker

Jeremy Porter / Vivek Bhardwaj (Corporate Finance)

Joscelin Pinnington/Tony Quirke (Sales & Corporate Broking)

 +44 (0)20 3328 5656

info@allenbycapital.com

Vigo Consulting (Investor & Financial Public Relations)

Jeremy Garcia / Kendall Hill

+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.