Vela Technologies #VELA – Investee Co Tribe Technology #TRYB Directorate change December 23, 2024 – Posted in: Vela Technologies Plc (VELA)

Tribe Technology PLC (AIM: TRYB), a disruptive technology-first developer and manufacturer of world-class autonomous mining equipment, announces that Charlie King, the Chief Executive Officer of the Company, has agreed with the Board that he will step down from his role as Chief Executive Officer and will leave the Board with immediate effect. The Board would like to thank Charlie for his significant contributions and hard work in the Company and wish him well for the…

Vela Technologies #VELA – Investee co Tribe Tech #TRYB funding update, proposed cancellation from AIM and delay in publication of annual report and accounts December 19, 2024 – Posted in: Vela Technologies Plc (VELA)

Tribe Technology PLC (AIM: TRYB), a disruptive technology-first developer and manufacturer of world-class autonomous mining equipment, provides the following update. On 1 October 2024, it was announced that the board of directors of Tribe Tech (the “Board” or the “Directors”) are pursuing additional funding for its nearer term working capital requirements. On 25 October 2024, the Company subsequently announced, inter alia, that it continues to explore sources of additional funding which may involve securing a…

Vela Technologies #VELA – Interim results for the six months ended 30 September 2024 December 18, 2024 – Posted in: Vela Technologies Plc (VELA)

Vela Technologies plc (AIM: VELA), an AIM-quoted investing company focused on early stage and pre-IPO disruptive technology investments, today announces its unaudited interim results for the six months ended 30 September 2024. Overview The last six months have continued to be challenging for the small-cap marketplace in the UK. As reported in its latest quarterly report, announced on 28 November 2024, the Board has concluded that it cannot continue to wait for the long-expected upturn…

#VELA investee co. #KING Igraine PLC – Maiden Exercise of Investment Rights Over GEM Energia December 13, 2024 – 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…

Vela Technologies #VELA – Investee Co Igraine #KING New Major Shareholding December 9, 2024 – Posted in: Vela Technologies Plc (VELA)

Vela investee co Igraine #KING announces that GEM Energia Limited now holds 35,510,811 shares (29.10%) of the company. TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: Igraine Plc 1b. Please indicate if the issuer is a non-UK issuer…

Vela Technologies #VELA – Investee Co Tribe Technologies #TRYB RC Drilling System Update – Posted in: Vela Technologies Plc (VELA)

Tribe Technology PLC (AIM: TRYB), a disruptive technology-first developer and manufacturer of world-class autonomous mining equipment, provides the following update in relation to the Company’s autonomous reverse circulation (“RC”) TTDS GC 700 drill rig (the “Drill Rig”). Further to the Company’s announcement on 16 September 2024 as well as 1 October 2024, the Company is pleased to confirm that it has carried out several product demonstrations & presentations of the Sample System in the workshop…

Vela Technologies #VELA – Quarterly Investment Update November 28, 2024 – Posted in: 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 report an investment update for the quarter ended 30 September 2024. Key numbers as at 30 September 2024 · The value of Vela’s total assets (including cash) increased by £251,000 during the quarter to £3,055,000 from £2,804,000 (quarter to 30 June 2024 – a decrease of £2,737,000). · The fair value of the investment portfolio (excluding cash)…

Vela Technologies #VELA – Investee Co EnSilica #ENSI AGM Statement & Result of AGM – Posted in: Vela Technologies Plc (VELA)

The Board of EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is holding its Annual General Meeting (“AGM”) at 10.00 a.m. today. At the meeting, Mark Hodgkins, Chair, will make the following statement: “I am delighted to report that EnSilica has continued to generate strong new contract momentum during the first half of the current financial year (“HY 2025”), developing a significant pipeline of opportunities with businesses operating across our…

Vela Technologies #VELA – Investee co WeCap #WCAP Conversion of Convertible Loan Notes & Extension of Discounted Capital Bond Repayment Date November 25, 2024 – Posted in: Vela Technologies Plc (VELA)

WeCap plc is pleased to announce that it has converted all of the Convertible Loan Notes (“CLNs”) it holds in WeShop Holdings Limited (“WeShop”) into new ordinary shares in WeShop. As a result of the conversion WeCap will be issued with 3,208,333 shares in WeShop (“Conversion Shares”). This increases WeCap’s potential total holding in WeShop to 16.2%, the composition of which is outlined below. Furthermore, WeCap has agreed the extension of the Discounted Capital Bond it…

Vela Technologies #VELA – Chairman Share Purchase November 1, 2024 – 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, was informed that, on 31 October 2024, Nigel Brent Fitzpatrick, Non-Executive Chairman, bought 37,000,000 ordinary shares of 0.01 pence each in the Company (“Ordinary Shares”) at 0.005p per Ordinary Share. Following the above purchase, Mr Fitzpatrick now has a total beneficial interest in 68,500,000 Ordinary Shares, equivalent to approximately 0.36 per cent. of the Company’s issued…

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