Total Voting Rights and Further re Subscription

31 March 2014

                             Vela Technologies PLC                             

                           ("Vela" or the "Company")                           


TVR and Further re Subscription to raise £325,000

Further to the announcement on 25 March 2014, Vela Technologies, the investing
company focussing on early stage and pre-IPO technology investments, announces
that 65,000,000 new ordinary shares of 0.1 pence each in the capital of the
Company were duly allotted and issued on 26 March 2014 and admitted to trading
this morning. Receipt of subscription monies is expected by 2 April 2014.

The enlarged issued share capital of Vela Technologies with voting rights
attached consists of 222,088,020 ordinary shares of 0.1p each with one vote per
ordinary share. There are no shares held in Treasury. The total number of
voting rights in Vela Technologies is therefore be 222,088,020, which figure
may be used by shareholders (and others with notification obligations) as the
denominator for the calculations by which they will determine whether they are
required to notify their interest, or a change to their interest, in Vela
Technologies under the Financial Conduct Authority's Disclosure and
Transparency Rules.


For further Information:

Vela Technologies plc                                              
Brent Fitzpatrick, Non-Executive Chairman       07802 262443                    
Antony Laiker, Director                                                      
                                                                             
ZAI Corporate Finance, Nomad                    020 7060 2220                    
Peter Trevelyan-Clark/Tim Cofman/Wei Wang                                    
                                                                             
Peterhouse Corporate Finance, Joint Broker      020 7469 0932                    
Eran Zucker                                                                  
                                                                             
Hume Capital Securities plc, Joint Broker       020 3693 1470                    
Jon Belliss                                                                  
                                                                             
Newgate Threadneedle                            020 7653 9850                    
Graham Herring/Heather Armstrong