TIDMVELA

RNS Number : 1753R

Vela Technologies PLC

12 June 2018

12 June 2018

Vela Technologies plc

("Vela" or the "Company")

Holdings in Company

The Board of Vela announces that the Company was notified on 8 June 2018 that Scott Fletcher's interest in the share capital of the Company remains unchanged at 63,944,656 ordinary shares and, following the completion of the Company's placing in December 2017, his percentage interest has fallen from 8.86% to 7.64%.

In addition, the Company was notified on 7 June 2018 that Kevin Sinclair's interest in the share capital of the Company remains unchanged at 106,449,000 ordinary shares and, following the completion of the Company's placing in December 2017, his percentage interest has fallen from 14.75% to 12.72%.

For further information, please contact:

 
  Vela Technologies plc 
   Brent Fitzpatrick, Non-Executive 
    Chairman                           Tel: +44 (0) 7802 
    Antony Laiker, Director            262 443 
   Allenby Capital Limited 
    (Nominated Adviser) 
    Nick Athanas/Asha Chotai           Tel: +44 (0) 20 3328 
                                       5656 
   Smaller Company Capital Limited 
    (Broker) 
    Rupert Williams/Jeremy Woodgate    Tel: +44 (0) 20 3651 
                                       2910

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END

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June 12, 2018 12:00 ET (16:00 GMT)

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