Velocity Composites PLC Total Voting Rights
01 November 2024 - 6:00PM
RNS Regulatory News
RNS Number : 4874K
Velocity Composites PLC
01 November 2024
1 November 2024
VELOCITY
COMPOSITES plc
("Velocity" or
the "Company")
Total Voting
Rights
In compliance with the FCA's
Disclosure Guidance and Transparency Rules, the Company announces
that, as at the date of this announcement, it has
53,509,706 ordinary shares of 0.25 pence each with voting
rights in issue ("Ordinary Shares"). The Company does not hold any
Ordinary Shares in treasury. Therefore, the total number of
Ordinary Shares in the Company with voting rights will be
53,509,706.
The aforementioned figure may be
used by shareholders in the Company as the denominator for the
calculations by which they will determine if they are required to
notify their interest, or a change in that interest, in the share
capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.
Enquiries:
Velocity Composites plc
Andy Beaden, Chairman
Jon Bridges, Chief Executive
Officer
Rob Smith, Chief Financial
Officer
|
+44 (0) 1282 577577
|
Canaccord Genuity Limited
Nominated Adviser and Joint Broker
Max Hartley
George Grainger
|
+44 (0) 20 7523 8000
|
Dowgate Capital Limited
Joint Broker
Russell Cook
Nicholas Chambers
|
+44 (0) 20 3903 7715
|
SEC
Newgate
Financial Communications
Robin Tozer
George Esmond
Harry Handyside
|
+44 (0)7540 106 366
velocity@secnewgate.co.uk
|
About Velocity Composites plc
Based in Burnley, UK, Velocity
is the leading supplier of composite material kits to aerospace,
that reduce costs and improve sustainability. Customers
include BAE Systems. Hamble Aerostructures, Safran Nacelles and
GKN, who supply to the major OEMs including Airbus, Boeing, GE,
Rolls Royce and Lockheed Martin.
By using Velocity's proprietary
technology, manufacturers can also free up internal resources to
focus on their core business. Velocity has significant
potential for expansion, both in the UK and abroad,
including into new market areas, such as wind energy, urban air
mobility and electric vehicles, where the demand for composites is
expected to grow.
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END
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