Vela Technologies #VELA – Notice of Annual General Meeting November 17, 2023 – 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, announces that the Company’s Annual General Meeting (“AGM”) will be held at 12.00 p.m. on Monday 11 December 2023 at 15 Victoria Mews, Mill Field Road, Cottingley Business Park, Bingley, West Yorkshire BD16 1PY. The notice of AGM has been posted to shareholders and a copy of the notice of AGM will be made available shortly on…

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#VELA Vela Technologies PLC – Update re. Economic Interest in AZD1656 September 21, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Further to the Company’s announcements on 15 August 2023, 7 September 2023 and 8 September 2023, 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 by Murphy Canyon Acquisition Corp. (NASDAQ: MURF) (“Murphy”) that at the special meeting of stockholders held yesterday, its initial business combination with Conduit Pharmaceuticals Limited (“Conduit”) has been approved.   An extract of the Murphy announcement is…

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Vela Technologies #VELA – Investee co Northcoders #CODE interim results September 19, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Vela Technologies #VELA investee company Northcoders (AIM:CODE), an independent provider of training programmes for software coding, announces its results for the six months ended 30 June 2023 “Group continues to grow despite challenging macro environment with record demand for consumer training bootcamps” Financial Highlights ·        Revenue grew to £3.5 million (H1 2022: £2.4million), an increase of 46% ·        Record demand for consumer bootcamp training, delivering revenues in H1 2023 of £2.8 million (H1 2022: £1.7 million)…

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#VELA Vela Technologies PLC – Update re. Economic Interest in AZD1656 September 7, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Further to the Company’s announcement on 15 August 2023, the Board of Vela (AIM: VELA), an AIM-quoted investing company focused on early-stage and pre-IPO disruptive technology investments, notes that Murphy Canyon Acquisition Corp. (NASDAQ: MURF) (“Murphy”) has recently announced that the special meeting of stockholders to approve, amongst other things, its initial business combination with Conduit Pharmaceuticals Limited has been postponed and will now be held on 13 September 2023.   This meeting presents an…

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#VELA Technologies PLC investee co #TRYB Tribe Tech PLC – Update on investment in Tribe Technology Group September 5, 2023 – Posted in: Uncategorized

The Board of Vela (AIM: VELA), an AIM-quoted investing company focused on early-stage and pre-IPO disruptive technology investments, notes the admission to AIM and first day of dealings announcement made today by Tribe Technology PLC (“Tribe Tech”).   As announced on 23 May 2023, Vela invested £250,000 in Tribe Technology Group Limited, a subsidiary of Tribe Tech, via a subscription to an advance subscription agreement (“ASA”) as part of a pre-IPO funding round. Pursuant to…

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Vela Technologies #VELA investee company EnSilica secures follow-on $2.4m contract with existing customer September 1, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

EnSilica (AIM: ENSI), a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce that it has secured a contract with an existing Europe-based customer for approximately $2.4 million (the “Contract”). This most recent award with a longstanding EnSilica customer is for the development of a next generation advanced networking ASIC. The majority of the Contract revenue will be realised in the Company’s current financial year ending 31 May 2024…

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#VELA Vela Technologies Plc – Investee Update – Northcoders – Government Contract Win and H1-23 Trading Update July 25, 2023 – Posted in: Vela Technologies Plc (VELA)

Government contract win H1-2023 Trading Update   Northcoders (AIM:CODE), the independent provider of training programmes for software coding, is pleased to announce that the Group has been successful in securing further funding from the Department for Education Skills Bootcamps Wave 4 bid. In addition, the Group provides a trading update for the six months to 30 June 2023 (‘H1-2023’ or the ‘Period’).   Contract win   The Group is pleased to announce that it has…

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#VELA TECHNOLOGIES PLC – INVESTEE CO. MTI WIRELESS EDGE #MWE – Q1 2023 FINANCIAL RESULTS May 17, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce its financial results for the three-month period ended 31 March 2023. Financial highlights ·    Generated increased revenues of $11.3m, up 1% (Q1 2022: $11.2m) representing a solid start to the year ·    Strong order pipeline, providing confidence in the outlook for the year ·    Profit before tax up 15% to $1.1m (Q1 2022: $0.97m), reflecting an…

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#VELA Vela Technologies PLC – Update re. Economic Interest in AZD1656 May 15, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Further to the Company’s announcement on 20 April 2023, the Board of Vela (AIM: VELA), an AIM-quoted investing company focused on early-stage and pre-IPO disruptive technology investments, notes the Form S-4 Registration Statement and preliminary proxy statement filed by Murphy Canyon Acquisition Corp. (NASDAQ: MURF) on 12 May 2023 which is available for viewing on the United States Securities and Exchange Commission’s website.   On 20 April 2023, Vela announced that the Company entered into a…

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#VELA TECHNOLOGIES PLC – INVESTEE CO. SKILLCAST GROUP #SKL – GRANT OF SHARE OPTIONS May 11, 2023 – Posted in: Vela Technologies Plc (VELA)

Skillcast Group plc (AIM: SKL), the provider of content and technology for digital compliance transformation, announces the grant of 1,600,000 share options (the “Options”) over ordinary shares of 0.1 pence each (“Ordinary Shares”) to a Director and a number of employees of the Company, under the Skillcast Group plc EMI and Non-Qualifying Share Option Plan. The Options have an exercise price of 21 pence per option, being the closing mid-market price of an Ordinary Share on…

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