#VELA Vela Technologies Plc – EXERCISE OF PUT OPTION December 1, 2023 – Posted in: Tiziana Life Sciences (TILS), Vela Technologies Plc (VELA)
Exercise of Put Option for sale of Economic Interest in AZD1656 Highlights: · Exercised the put option agreement to sell its economic interest in AZD1656 for shares in Conduit Pharmaceuticals Inc. · The stake held by Vela is now valued at approximately £3.75 million (based on the closing share price of Conduit at 30 November 2023) compared to the fair value of £2.35 million reported at the last audited balance sheet date of 31…
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