Holding(s) in Company

19 May 2014

                             Vela Technologies PLC                             

                           ("Vela" or the "Company")                           

Holdings in Company

Vela Technologies, the investing company focussing on early stage and pre-IPO
technology investments, was informed by email on 14 May 2014 that Gilbert
Eliott Holdings no longer has a disclosable interest in Vela Technologies plc.

For further information:

Vela Technologies plc
Brent Fitzpatrick, Non-Executive Chairman
Antony Laiker, Director 07802 262443

ZAI Corporate Finance, Nomad 020 7060 2220
Peter Trevelyan-Clark/Tim Cofman/Wei Wang

Hume Capital Securities plc, Broker 020 3693 1470
Jon Belliss

Newgate Threadneedle 020 7653 9850
Graham Herring/Heather Armstrong