Holding(s) in Company

For filings with the FSA include the annex                                              
                                                                                        
For filings with issuer exclude the annex                                               
                                                                                        
                                                                                        
                                                                                        
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are                      Vela Technologies Plc
attached:ii                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                            X
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result         
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An acquisition or disposal of instruments with similar economic effect to               
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                        
                                                                                        
Other (please specify):                                                                 
                                                                                        
3. Full name of person(s) subject to the                Hawk Investment Holdings Limited
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                                                          
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                             20/01/2014
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                                             22/01/2014
                                                                                        
7. Threshold(s) that is/are crossed or                                           17%-15%
reached: vi, vii                                                                        
                                                                                        


 

8. Notified details:                                                                     
                                                                                         
A: Voting rights attached to shares viii, ix                                             
                                                                                         
Class/   Situation previous          Resulting situation after the triggering transaction
type of  to the triggering                                                               
shares   transaction                                                                     
                                                                                         
                                                                                         
if       Number           Number     Number      Number of voting         % of  voting   
possible of               of         of shares   rights                   rights x       
using    Shares           Voting                                                         
the ISIN                  Rights                                                         
CODE                                 Direct      Direct xi  Indirect xii  Direct Indirect
                                                                                         
                                                                                         
ORD                                                                                      
                                                                                         
         27,000,000       27,000,000 23,614,700  23,614,700               15.03%         
                                                                                         
                                                                                         
                                                                                         
                                                                                         
                                                                                         
B: Qualifying Financial Instruments                                                      
                                                                                         
Resulting situation after the triggering transaction                                     
                                                                                         
Type of     Expiration     Exercise/            Number of voting         % of voting     
financial   date xiii      Conversion Period    rights that may be       rights          
instrument                 xiv                  acquired if the                          
                                                instrument is                            
                                                exercised/ converted.                    
                                                                                         
                                                                                         
                                                                                         
                                                                                         
                                                                                         
C: Financial Instruments with similar economic effect to Qualifying Financial            
Instruments xv, xvi                                                                      
                                                                                         
Resulting situation after the triggering transaction                                     
                                                                                         
Type of    Exercise      Expiration Exercise/  Number of voting rights  % of voting      
financial  price         date xvii  Conversion instrument refers to     rights xix, xx   
instrument                          period                                               
                                    xviii                                                
                                                                                         
                                                                        Nominal Delta         
                                                                                         
                                                                                         
                                                                                         
                                                                                         
                                                                                         
Total (A+B+C)                                                                            
                                                                                         
Number of voting rights                    Percentage of voting rights                   
                                                                                         
23,614,700                                 15.03%                                        
                                                                                         


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                           
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
13. Additional information:                                                             
                                                                                        
14. Contact name:                              Edd Hollier, Investec Wealth & Investment
                                                                                        
15. Contact telephone number:                                              0121 232 0707