#VELA TECHNOLOGIES PLC – INVESTEE CO. KANABO #KNB – FY RESULTS May 2, 2023 – Posted in: Vela Technologies Plc (VELA)

Kanabo Group plc (LSE: KNB), the patient focused healthcare technology and medicinal cannabis company, announces results for the year results for the year ended 31 December 2022 (“FY 2022”). Having delivered significant progress against its strategic objectives across FY 2022, Kanabo uniquely combines a digital healthcare platform that facilitates access to healthcare professionals, and a treatment portfolio which includes medicinal cannabis products, providing seamless access to high-quality medical treatments for pain management. · Kanabo is now a…

#VELA TECHNOLOGIES PLC – INVESTEE CO. CORNERSTONE #CSFS – COMPLETION OF SALE OF AVILA HOUSE LTD. April 27, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Further to the Company’s announcement of 23 December 2022, Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, is pleased to announce the completion of the sale of Avila House Ltd. (“Avila”) to Aspire Commerce Ltd. (“Aspire”) following the receipt of regulatory approval from the Financial Conduct Authority. In accordance with the terms of the share purchase agreement, the Company has now received £300,000 in cash in…

#VELA TECHNOLOGIES PLC – INVESTEE CO. #CODE – FINAL RESULTS April 25, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Northcoders (AIM: CODE), an independent provider of training programmes for software coding, is pleased to announce its Final Results for the year ended 31 December 2022 (‘FY22’ or the ‘Period’). Financial Highlights · Group revenue up 86%1 to £5.6 million (FY21: £3.0 million) o Consumer revenue increased by 77%1 to £4.9 million (FY21: £2.8 million) o Corporate revenue increased by 189%1 to £0.7 million (FY21: £0.3 million) · Gross profit up 82%1 to £3.9 million (FY21: £2.2 million) with a gross profit margin…

Alan Green covers ONDO Insurtech #ONDO & Vela Technologies #VELA on this week’s Stockbox Research Talks April 23, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Alan Green covers ONDO Insurtech #ONDO & Vela Technologies #VELA on this week’s Stockbox Research Talks

Vela Technologies #VELA – Put Option for potential sale of Economic Interest in AZD1656 April 20, 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, is pleased to announce that the Company has today entered into a put option agreement (“the Option Agreement”) to give the Company the right, but not the obligation (“the Option”), to sell its economic interest in the commercialisation of the Covid-19 application of AZD1656 for a total consideration of £4.0 million. The Option is being granted by…

#VELA TECHNOLOGIES PLC – PUT OPTION AGREEMENT – COVID-19 application of AZD1656 – Posted in: Blog, Vela Technologies Plc (VELA)

Put Option for potential sale of Economic Interest in AZD1656 The Board of Vela (AIM: VELA), an AIM-quoted investing company focused on early-stage and pre-IPO disruptive technology investments, is pleased to announce that the Company has today entered into a put option agreement (“the Option Agreement”) to give the Company the right, but not the obligation (“the Option”), to sell its economic interest in the commercialisation of the Covid-19 application of AZD1656 for a total…

#VELA TECHNOLOGIES PLC – INVESTEE CO. #MWE – CONTRACT WINS April 19, 2023 – Posted in: 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 that its subsidiary Mottech Water Solutions Ltd (“Mottech”) has secured two long-term contract wins with a large Israeli municipality. The municipality is an existing customer and has agreed longer than previous contracts of five years (one of which is an annual contract but budgeted for five years and includes an option to extend…

#VELA TECHNOLOGIES PLC – INVESTEE CO. #CSFS CORNERSTONE – TRADING UPDATE – Posted in: Vela Technologies Plc (VELA)

Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, is pleased to provide the following unauditedupdate on trading for the first quarter to 31 March 2023. As noted in the trading update announcement on 11 January 2023, the Group experienced strong trading momentum through FY 2022 and expects to report total revenue for the year ended 31 December 2022 of approximately £4.8m. This momentum increased in Q1 2023…

#VELA VELA TECHNOLOGIES PLC INVESTEE CO. #ENSI ENSILICA PLC – DIRECTOR/PDMR SHAREHOLDING April 14, 2023 – Posted in: Vela Technologies Plc (VELA)

EnSilica (AIM:ENSI), a leading mixed signal chip maker, has been notified that on 13 April 2023 David Tilston, non-executive director, purchased 9,000 ordinary shares of 0.1 pence each in the Company (“Ordinary Shares”) at a price of 66.15p per Ordinary Share (together the “Share Purchase”). In addition, and separate to the Share Purchase, EnSilica has been notified that on 13 April 2023 David Tilston, has in order to effect a “Bed and ISA” transaction, sold 10,000 Ordinary Shares at a…

#VELA Vela Technologies PLC – Further investment in Northcoders Group plc April 4, 2023 – 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, announces that the Company has purchased 33,333 ordinary shares of 1 penny each in Northcoders Group plc (“Northcoders”) as part of the secondary placing undertaken by Northcoders, details of which were announced by Northcoders on 21 November 2022. Further information on Northcoders Northcoders is a market leading provider of coding and software development training for businesses…

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