#EGT European Green Transition PLC – Proposed fundraise to raise c. £7.5 million March 11, 2026 – Posted in: European Green Transition Plc (EGT)

European Green Transition plc (AIM: EGT), a company focused on acquiring, integrating and optimising revenue-generating and profitable services businesses in the critical infrastructure sector, announces a proposed fundraise to raise gross proceeds of approximately £7.5 million before expenses by the issue of new ordinary shares of 0.25 pence each in the Company (“Ordinary Shares”) at a price of 6 pence per Ordinary Share (the “Issue Price”) via a placing and subscription (“Fundraise”). The Fundraise of…

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#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…

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#VELA investee co. #ENSI EnSilica PLC – New Debt Facility November 4, 2024 – Posted in: Uncategorized

EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce that it has secured a new debt facility to refinance its existing external loan facilities, providing total funding of up to £9 million and extending out to November 2029 (the “Facility”).   The Facility has been agreed with Lloyds Bank Group plc, providing the Company with additional flexibility to underpin ongoing working capital commitments, and ensuring that EnSilica…

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#VELA investee co. #TRYB Tribe Technology PLC – Term Facility secured with Beach Point Capital October 25, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Tribe Technology PLC (AIM: TRYB), a disruptive developer and manufacturer of autonomous mining equipment, is pleased to announce that it has entered into a £3.0 million secured term loan facility agreement with BPC UK Lending DAC (the “Lender” or “Beach Point Capital”) (together the “Facility”).   Highlights   ·    Injection of £3.0 million into the business to principally refinance the Company’s legacy debt arrangements and further progress its previously outlined execution strategy. ·     Following drawdown…

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