Update re Placing to raise ?300,000

RNS Number : 7976L

Vela Technologies PLC

15 August 2013

 



VELA TECHNOLOGIES PLC

("Vela Technologies" or the "Company")

Update re Placing to raise £300,000

Further to the "Placing to raise £300,000" announcement released on 09 August 2013, the Company announces that the application has been made to the London Stock Exchange for the 60,000,000 placing shares to be admitted to trading on AIM. It is expected that the admission will become effective and that trading in the new shares will commence on 16 August 2013 ("Admission"). Following the Admission, the total number of ordinary shares in issue is 127,679,308.

For further information, please contact:

Vela Technologies plc Brent Fitzpatrick Non-Executive Director	Email: [e-mail]
ZAI Corporate Finance Limited Nomad Peter Trevelyan-Clark / Wei Wang	Tel: [phone]
Peterhouse Corporate Finance Limited Broker Eran Zucker	Tel: [phone]

 

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