01273 704473

info@novuscomms.com

01273 704473

info@novuscomms.com

#VELA investee #KNB Kanabo Group plc – Amendments to Acquisition Agreement May 16, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Further to the acquisition of The GP Service Limited (the “GP Service”), as announced on 21 February 2022, and pursuant to a sale and purchase agreement (the “Agreement”), Kanabo was due to issue 12,574,931 Ordinary Shares to MEIF WM Debt LP (“MEIF”) in satisfaction of the MEIF loan. The Company negotiated with MEIF and agreed that in respect of the 12,574,931 Ordinary Shares due to be issued and sold by Kanabo to satisfy the MEIF loan,…

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#VELA Vela Technologies PLC – Update re. investment in EnSilica December 6, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

The Board of Vela (AIM: VELA), an AIM-quoted investing company focused on early stage and pre-IPO disruptive technology investments, today provides an update on its investment in EnSilica plc (“EnSilica”). Between 24 May 2022 and 2 December 2022 the Company sold a total of 568,653 shares in EnSilica at an average price of 61p per share generating aggregate net proceeds of £349,469 for the Company (“the Disposal”). The Disposal is expected to generate a realised gain…

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#VELA Vela Technologies plc- Investee Co. #FIRE IamFire plc- WeShop Update November 21, 2022 – Posted in: Vela Technologies Plc (VELA)

IamFire is pleased to share the following update received from WeShop Holdings Limited regarding performance figures since the soft launch of the WeShop platform and initial rollout of influencer campaigns. “WeShop is pleased to report the following highlights for the months of July and August 2022 since the soft launch of the platform in the United Kingdom. Highlights —  User downloads as at 19 November 2022 were 43,000, up from 23,000 on 1 September 2022 —  Annualised gross…

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