Page 10 - Vela Technologies News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By BFN News | 01:32 PM | Tuesday 02 March, 2021 Vela Technologeis has invested £66,319.55 in Mode Global Holdings as part of of Mode's over-subscribed placing to raise £6 million to support its 'rapid growth' of new-breed financial products and services. The proceeds of the placing will provide the company with strong cash reserves to push forward its stated near-term strategic objectives, which will include launching a 'revolutionary payments solution' powered by Open Banking that eliminates the need for cards. It is also developing a loyalty and rewards engine that allows merchants to...

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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 ...

Investegate announcements from Vela Technologies, Exercise of warrants and issue of equity

Investegate announcements from Vela Technologies, Second Price Monitoring Extn