Business
Statement re Exercise of warrants
Statement re Exercise of warrants.
About this update from Caledonian Holdings Plc.
[{"type":"text","content":"\n \n VELA TECHNOLOGIES PLC \n\n (\"Vela Technologies\" or the \"Company\") \n\n Exercise of warrants \n\n4 November 2013\n\nVela Technologies plc (AIM: VELA) announces that the Company has received\nnotice from Peterhouse Corporate Finance Limited (\"PCF\") for the exercise of\nwarrants over 4,575,379 ordinary shares of 0.1p each in the capital of the\nCompany (\"Ordinary Shares\") at a price of 0.5p per Ordinary Share. The exercise\nis in full satisfaction of a warrant instrument referred to in the Company's\nCVA and investing company circular dated 21 December 2012. Application will be\nmade for the new Ordinary Shares, which rank pari passu with the Company's\nexisting issued ordinary shares, to be admitted to trading on AIM. It is\nexpected that Admission will become effective on 8 November 2013.\n\n \n\nFollowing the issue, the Company has 157,088,020 Ordinary Shares in issue, each\ncarrying the right to one vote. The Company does not hold any Ordinary Shares\nin Treasury. The above figure of 157,088,020 Ordinary Shares may be used by\nshareholders in the Company as the denominator for the calculations by which\nthey will determine if they are required to notify their interest in, or a\nchange to their interest in, the share capital of the Company under the\nFinancial Conduct Authority's Disclosure and Transparency Rules.\n\n--ENDS--\n\nFor further information, please contact:\n\nVela Technologies plc Email: [email protected] \n \nNon-Executive Chairman \n \nBrent Fitzpatrick \n \nZAI Corporate Finance Limited, Nomad Tel: 020 7060 2220 \n \nPeter Trevelyan-Clark/Tim Cofman/Wei \nWang \n \nPeterhouse Corporate Finance Limited, Tel: 020 7469 0932 \nBroker \n \nEran Zucker\n ","length":2666,"tagName":"div"}]