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  2. Share Prices
  3. Vela Technologies Share Price
  4. Vela Technologies Share News
  5. IN BRIEF: Vela Technologies Sells Entire BlockchainK2 Holding

Pin to quick picksVela Technologies Share News (VELA)

Vela Technologies Information

Share Price Information for Vela Technologies (VELA)

London Stock Exchange
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Share Price: 0.0095
Bid: 0.009
Ask: 0.01
Change: 0.00 (0.00%)
Spread: 0.001 (11.111%)
Open: 0.0095
High: 0.0095
Low: 0.0095
Prev. Close: 0.0095
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IN BRIEF: Vela Technologies Sells Entire BlockchainK2 Holding

Fri, 22nd Jan 2021 13:45

Vela Technologies PLC - Bingley, England-based company with investments in early-stage disruptive technology businesses - Sells entire 272,000 share holding in BlockchainK2 Corp at prices between GBP0.49 and GBP0.88 per share, with an average price of GBP0.69, generating net proceeds of GBP186,390. Vela notes it originally invested GBP200,589 in BlockchainK2 in May 2018, but book value as at March 31 last year was GBP14,396, meaning accounts for Vela's current financial year ending March 31 will reflect a profit on disposal of GBP172,000.

Says net proceeds will be used to make further investments in line with Vela's investing policy and for general working capital purposes.

Current stock price: 0.078 pence, down 5.3% on Friday

Year-to-date change: down 2.4%

By Zoe Wickens; zoewickens@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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20 Apr 2023 16:49

Vela shares up as mulls selling interest in AZD1656 for GBP4.0 million

(Alliance News) - Vela Technologies PLC on Thursday announced it entered into a put option deal for the right to sell its commercial interest in AZD1656, a Covid application.

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10 Feb 2023 11:59

Vela Technologies sees asset boost from EnSilica share price increase

(Alliance News) - Vela Technologies PLC on Friday said total assets increased in the third quarter as investee company EnSilica PLC's high turnover boosted its share price.

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10 Feb 2023 10:45

AIM WINNERS & LOSERS: Vela Technologies gets boost from EnSilica climb

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15 Dec 2022 14:33

EARNINGS SUMMARY: Libertine focused on future; Worsley outperforms

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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6 Dec 2022 14:54

Vela Technologies sells EnSilica shares for GBP349,469

(Alliance News) - Vela Technologies PLC on Tuesday said that it will funnel net proceeds from a share sale into further investments, after disposing of over 500,000 shares in EnSilica PLC.

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6 Dec 2022 12:29

LONDON MARKET MIDDAY: FTSE 100 down as Fed fears weigh on stocks

(Alliance News) - Stocks in London were lower at midday on Tuesday as investors continued to fret about the prospect of another hefty rate hike from the Federal Reserve following the release of a better-than-expected reading on the health of the US service sector.

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6 Dec 2022 11:07

AIM WINNERS & LOSERS: Vela shares rise on EnSilica disposal

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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28 Nov 2022 13:58

Vela Technologies makes further investment in Northcoders

(Sharecast News) - Technology investor Vela has purchased 33,333 shares in Northcoders Group, it announced on Monday, as part of that company's secondary placing as announced on 21 November.

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28 Nov 2022 12:20

IN BRIEF: Vela Technologies further invests in Northcoders

Vela Technologies PLC - Bradford, England-based investment firm focused on early-stage and pre-IPO disruptive technology investments - Announces further investment in Northcoders Group PLC, a Manchester-based coding and software development training for businesses and individuals. Firm buys 33,333 shares at a price of GBP3 each in Northcoders for a total cost of GBP99,999, as part of a secondary placing undertaken by Northcoders which has raised GBP2.1 million before expenses.

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9 Nov 2022 20:41

UPDATE: Cizzle, Vela Technologies notes planned Conduit Pharma merger

Cizzle Biotechnology Holdings PLC - London-based diagnostics developer - and Vela Technologies PLC - Bradford, England-based investment firm focused on early-stage and pre-IPO disruptive technology investments - Notes announcement by Conduit Pharmaceuticals Ltd that it intends to become a publicly traded company on the Nasdaq in the US through a merger with special purpose acquisition firm Murphy Cannon Acquisition Corp. The deal is expected to generate USD149.7 million worth of proceeds for Conduit.

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9 Nov 2022 17:05

LONDON MARKET CLOSE: European stocks tread water amid US midterms

(Alliance News) - Caution prevailed in European equities on Wednesday, as investors looked past the midterm elections in the US to Thursday's US inflation reading.

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9 Nov 2022 16:53

IN BRIEF: Vela Technologies notes planned Conduit Pharma merger

Vela Technologies PLC - Bradford, England-based investment firm focused on early-stage and pre-IPO disruptive technology investments - Notes announcement by Conduit Pharmaceuticals Ltd that it intends to become a publicly traded company on the Nasdaq in the US through a merger with special purpose acquisition firm Murphy Cannon Acquisition Corp. The deal is expected to generate USD149.7 million worth of proceeds for Conduit. Vela holds an interest in the commercialisation of AZD1656, a possible Covid-19 treatment, and one of Conduit's assets.

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9 Nov 2022 11:19

AIM WINNERS & LOSERS: PCF and SourceBio plan AIM exit; Vela surges

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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28 Sep 2022 11:04

AIM WINNERS & LOSERS: Glantus cautions; Vela hit by tech downturn

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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28 Sep 2022 10:48

Vela Technologies shares fall as turns to annual loss on global issues

(Alliance News) - Vela Technologies PLC posted an annual loss on Wednesday, as the firm remains without revenue.

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