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Investegate |Vela Technologies Announcements | Vela Technologies: Exercise of warrants and issue of equity investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Investegate |All Active Asset Cap Announcements | All Active Asset Cap: Statement re. accounts for year ended 31 Dec 2020 investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Investegate |All Active Asset Cap Announcements | All Active Asset Cap: Proposed placing, proposed acquisition and update investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
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· Disposal of holding in North Peak Resources Ltd generating net proceeds of c.CAD$226,032 (approximately £130,112). · Since August 2020, Vela has invested c.£3.75 million in seven new investee companies and realised profits aggregating approximately £417,000 from the sale of investments. · Current portfolio of ten investments and available cash resources of c.£2.1 million.
The Board of Vela (AIM: VELA) announces that, between 24 March 2021 and 6 April 2021, the Company disposed of its entire holding of 310,000 common shares in North Peak Resources Ltd ("North Peak") at prices between CAD$0.70 per share and CAD$0.745 per share and with an average price of CAD$0.73 per share generating net proceeds of c.CAD$226,032 (approximately £130,112) for the Company (the "Disposal").
Investegate |Vela Technologies Announcements | Vela Technologies: Update re. St George Street Capital COVID-19 trial investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Investegate |Vela Technologies Announcements | Vela Technologies: £200,000 investment in MTI Wireless Edge Ltd investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
The Board of AAA is pleased to announce that the Company has today exercised the first tranche (the 'Initial Exercise') of the option agreement with AAQUA B.V. ('AAQUA') ('the Option'), announced on 18 December 2020, and has acquired 6,000 new AAQUA shares. Under the terms of the Option, AAA can, subject to certain conditions, subscribe for up to 125,000 new AAQUA ordinary shares ('Option Shares') at €1,000 per share, being a total cost of €125 million if fully exercised. Further details of the Option and of AAA's ability to exercise additional Option Shares are contained in AAA's 18 December 2020 announcement. AAA paid a 1 million fee for the grant of the Option (the 'Grant Fee') to AAQUA in December 2020. The Grant Fee is offset against the initial exercise cost payable by AAA; and so AAA's incremental cost of this Initial Exercise is €5 million.
Investegate |Vela Technologies Announcements | Vela Technologies: Further investment in Mode Global Holdings plc investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.