Vela Technologies #VELA investee co Kanabo #KNB delighted FCA has approved the prospectus issued by UK SPAC in connection with its acquisition of Hellenic Dynamics Ltd November 15, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

The Board of Kanabo notes the announcement published earlier today by U.K. SPAC (“UK SPAC”) and are delighted that the Financial Conduct Authority (“FCA”) has approved the prospectus issued by UK SPAC in connection with its acquisition of Hellenic Dynamics Ltd (“Hellenic”) and the proposed re-admission of UK SPAC (to be renamed Hellenic Dynamics Plc) to the standard listing segment of the Official List and to trading on the London Stock Exchange’s Main Market. The…

Vela Technologies #VELA – Update re. AZD1656 November 9, 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, notes the announcement made yesterday evening by Conduit Pharmaceuticals Limited (“Conduit”) that it intends to become a publicly traded company on NASDAQ in the USA via a merger with Murphy Cannon Acquisition Corp. (“Murphy”), a NASDAQ-listed special purpose acquisition company. Vela holds an economic interest in the commercialisation of a particular application of AZD1656, one of the…

Vela Technologies #VELA – Quarterly Investment Update November 8, 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, is pleased to provide an update for the quarter ended 30 September 2022. Key numbers as at 30 September 2022: Net assets per share at 30 September were 0.039p (30 June 2022 – 0.041p). Vela’s portfolio comprised a total of 13 active investments (30 June 2022 – 13). Two of these investments were unquoted, ten were quoted, and…

Vela Technologies #VELA – Result of AGM October 25, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

The Board of Vela (AIM: VELA) announces that at its Annual General Meeting (“AGM”) held earlier today, all resolution were duly passed save for resolution 5. Resolution 5, to re-appoint Antony Laiker as a Director of the Company, was not put to the meeting as Antony Laiker has stepped down from the board of the Company, as announced on 20 October 2022. The proxy voting results of the Resolutions are set out below: Resolutions at…

Vela Technologies #VELA – Cornerstone #CSFS – Directorate Changes October 11, 2022 – Posted in: Vela Technologies Plc (VELA)

Cornerstone FS Plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs , is pleased to announce that it has appointed Simon Bullock and John Burns as Independent Non-Executive Directors, with immediate effect and from 1 December 2022 respectively. The Company also announces that Daniel Mackinnon has tendered his resignation from the Board effective 1 November 2022. Simon Charles Bullock, aged 52, has over 30 years’ experience in CFO and…

Vela Technologies #VELA – Rural Broadband Sltn (RBBS) Infrastructure funding and name change October 7, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Infrastructure funding complete and name change to Global Connectivity plc Rural Broadband Solutions Plc (AQSE: RBBS), a provider of high speed broadband to rural areas of Great Britain, announces a proposed investment from Tiger Infrastructure Partners Fund III LP (“Tiger”) into its two operating subsidiaries and a change of name to Global Connectivity plc. Highlights : • Tiger agrees to invest up to £75 million in Rural Broadband Solutions Holdings Limited (“RBSHL”), a newly formed company, and will…

Vela Technologies #VELA – Investee company EnSilica #ENSI guidance update, notice of results & investor presentation October 5, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica (AIM: ENSI), a leading chipmaker of mixed signal ASICs (Application Specific Integrated Circuits), announces that it will report its final results for the year ended 31 May 2022 (“FY 2022”) on Monday, 17 October 2022. The Company now expects to report adjusted EBITDA for FY 2022 materially higher than previous guidance of £0.5m as indicated on 3 August 2022, mainly due to the treatment of research and development costs. Investor Presentation Management will be…

Vela Technologies #VELA – Investee company Mode Plc #MODE interim results September 30, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Mode Global Holdings PLC (LSE: MODE), the LSE-listed Fintech Group, is pleased to announce its unaudited results for the six months ended 30 June 2022. Rita Liu, Mode CEO comments: “2022 has presented a highly volatile and challenging macro environment in which to operate. For tech and crypto companies, this has presented new challenges on an almost daily basis, with fiat and crypto markets seeing considerable losses, and reduced access to capital as markets prepare…

Vela Technologies #VELA – Investee company Kanabo Group #KNB half year results – Posted in: Blog, Vela Technologies Plc (VELA)

Kanabo Group plc (LSE:KNB) the pan-European medical cannabis company that focuses on developing and commercialising cannabis-derived products for medical patients and wellness consumers, announces its half yearly results for the period ended 30 June 2022. Operating Highlights · Acquisition of the entire share capital of the GP Service Ltd (“GPS”) · Expanded sales and service teams across the group to support accelerated growth · Formation of Agritec Ltd as a consulting company which will secure…

Vela Technologies #VELA – Final results for the year ended 31 March 2022 September 28, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

The Board of Vela Technologies plc (AIM: VELA) is pleased to announce the Company’s final results for the year ended 31 March 2022. Vela’s Annual Report and Accounts for the year ended 31 March 2022 (“Annual Report”) and the Notice of Annual General Meeting (“AGM”) will be posted to shareholders today. The Company’s Annual Report and Notice of AGM will be available shortly on the Company’s website at http://www.velatechplc.com/. The AGM will be held at…

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