Change of Adviser

RNS Number : 0694I
Vela Technologies PLC
06 August 2019
 

6 August 2019 

Vela Technologies plc

("Vela" or the "Company")

 

Change of Adviser

 

The Board of Vela notes the news story published on the Financial Conduct Authority ("FCA") website on 5 August 2019, stating that SVS Securities plc ("SVS") has been placed into Special Administration. SVS were a joint broker to Vela however as a result of these developments SVS will no longer be able to provide broking services to Vela. As a consequence, Smaller Company Capital Limited is now the Company's sole broker with immediate effect.

For further information, please contact: 

Vela Technologies plc

Tel: +44 (0) 7802 262 443

Brent Fitzpatrick, Non-Executive Chairman

Antony Laiker, Director 

 

 

 

 

 

Allenby Capital Limited

(Nominated Adviser)

Tel: +44 (0) 20 3328 5656

Nick Athanas/Asha Chotai

 

 

 

 

 

Smaller Company Capital Limited

(Broker)

Tel: +44 (0) 20 3651 2910

Rupert Williams/Jeremy Woodgate

 

 

About Vela Technologies  

Vela Technologies (AIM: VELA) is an investing company focused on early stage and pre-IPO long term disruptive technology investments. There are currently 12 investments in the portfolio which either have developed ways of utilising technology or developing technology with a view to disrupting the businesses or sector in which they operate. More recently, Vela Technologies has also started to focus on existing listed companies where valuations may offer additional opportunities.  

 


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