#VELA Vela Technologies PLC – Update re. investment in Igraine plc via convertible loan note December 13, 2024 – Posted in: Vela Technologies Plc (VELA)

Further to the Company’s announcement of 21 October 2024 (the “Announcement”), the Board of Vela (AIM:VELA), an AIM-quoted investing company focused on early-stage and pre-IPO disruptive technology investments, announces that, following the passing of all resolutions at the annual general meeting of its investee company, Igraine plc (“Igraine”), held on 29 November 2024 and Igraine entering into its exclusive investments rights agreement with GEM Energia Limited (“GEM Energia”), Vela has paid £50,000 to Igraine as…

Continue reading

#VELA investee co. #KING Igraine PLC – Maiden Exercise of Investment Rights Over GEM Energia – Posted in: Vela Technologies Plc (VELA)

Igraine plc (AQSE: KING), an investing company focused on the development of battery energy storage and life sciences sectors, is pleased to update its shareholders regarding its exercise of investment rights with GEM Energia. As announced on 21 October 2024 and further to the announcement of 2 December 2024, Igraine secured the exclusive investment rights over GEM Energia Limited and its Special Purpose Vehicles, including a right of first refusal on all current and future…

Continue reading