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Vela Technologies raises proceeds of £233,801 through disposal of some Kanabo shares | 19 February 2021 - Vimarsana News

Vela Technologies raises proceeds of £233,801 through disposal of some Kanabo shares | 19 February 2021

19 February 2021 | 14:01pm StockMarketWire.com - Technology company investor Vela Technologies has generated proceeds of £233,801 through a disposal of 1,000,000 shares in Kanabo at a price of 23.5p per share which will be used to make further investments. On 6 February 2021, Vela announced it had invested £150,000 in Kanabo in conjunction with its reverse takeover acquisition of Kanabo and its admission to trading on the main market of the London Stock Exchange. The disposal reflects a net profit of £168,801 after it originally subscribed for 2,307,692 shares in Kanabo at a price of 6.5p ...