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Vela Technologies PLC Ord 0.1P (VELA)

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20-Dec-2019 01:20 PM

Vela Technologies reports loss; eyes more substantial investments

Company investor Vela Technologies reported a first-half loss, mostly driven by administrative expenses. Pre-tax losses for the six months through September amounted to £258k, compared to losses of £298k on-year. Vela Technologies did not bo
28-Dec-2018 07:26 AM

Vela Technologies reports H1 loss

Technology company investor Vela Technologies reported a loss of £298,000 for the six months ending 30 September, which compares with a profit of £184,000 in the same period in 2017. The company held net assets of £2.370m as at 30 Septe
08-Jan-2018 01:12 PM

Vela updates on proposed BlockchainK2 investment

Vela Technologies said it has noted the announcement, made on 5 January 2018, by Africa Hydrocarbons regarding its "Change of Business" transaction. Africa Hydrocarbons announced that on completion of the Change of Business transaction, it inte
21-Dec-2017 07:47 AM

Vela swings to profit

Vela is made a profit after tax of £184,000 in the six months to 30 September compared with a loss of £50,000 the year before, driven by the sale of shares held in BTL Group. Net assets increased to £3,152,000 at 30 September 2017 when
20-Dec-2017 02:12 PM

Vela sells more shares in BTL Group

Vela Technologies has announced that, on 19 December, the Company sold a further 10,000 shares in BTL Group at C$17.45 apiece generating gross proceeds of C$174,500 (equivalent to £101,207 at the prevailing exchange rate). The Company said the net
19-Dec-2017 01:07 PM

Vela sells shares in BTL Group

Vela Technologies has announced that, on 18 December, the Company sold 10,000, shares in BTL Group at C$14.75 per share generating gross proceeds of C$147,500 (equivalent to £85,777 at the prevailing exchange rate). The Company said the net proceed
11-Dec-2017 01:10 PM

Vela sells BTL shares

Vela Technologies has confirmed that, on 8 December, the Company disposed of 11,666 shares in BTL Group at C$12.20 apiece, generating gross proceeds of C$142,325 (equivalent to £82,875 at the prevailing exchange rate). It said the net proceeds will
05-Dec-2017 01:49 PM

Vela sells part stake in BTL

Vela Technologies has confirmed that, on 4 December, the Company sold 10,000 shares in BTL Group at C$9.15 per share generating gross proceeds of C$91,500. The Company said the net proceeds from the Disposal will provide it with additional working capita
29-Nov-2017 01:59 PM

Vela sells part of holding in BTL

Vela Technologies has confirmed that, on 28 November, the Company disposed of 10,000 shares in BTL Group at C$8.20 per share generating net proceeds of C$82,000 for the Company (equivalent to £47,759.38 at the prevailing exchange rate). The Company
24-Nov-2017 01:51 PM

Vela updates in BTL investment

Vela Technologies said it has noted the announcement from BTL Group, a Company in which it holds 590,000 shares, that it closed the brokered private placement and a concurrent non-brokered private placement of 3,122,774 common shares and 1,561,387 warrant
30-Aug-2017 02:05 PM

Vela notes positive announcement from BTL

Vela Technologies says it has noted the positive announcement made by BTL Group, a Company in which it owns a 3.3% stake, regarding the successful launch of the DX Beta version ("Beta") of its proprietary blockchain platform, Interbit. BTL said
31-May-2017 01:57 PM

Vela confirms partial sale of holding in BTL

Vela has confirmed that, on 30 May 2017, it disposed of 50,000 shares in BTL Group at an average price of C$5.26, generating net proceeds of C$263,106.15 - equivalent to £152,530.79 at the prevailing exchange rate. The Company said the proceeds wil
07-Mar-2017 03:00 PM

Vela sells shares in BTL

Vela has confirmed that, on 6 March 2017, the Company disposed of a total of 30,200 common shares in BTL Group at prices between C$3.45 per share and C$3.90 per share and with an average price of C$3.552 per share. The sale generated
23-Dec-2016 07:13 AM

Vela's loss

Vela Technologies has reduced its H1 pretax loss to £62,000, from £92,000. Revenue was £12,000, from £4,000. "The first six months of the financial year proved to be another active period for Vela Technologies with both follo
05-Sep-2016 07:37 AM

Vela Technologies slightly widens FY pretax loss

Vela Technologies has booked a FY pretax loss of £0.35m, from a loss of £0.30m, as it progressed its investment portfolio. Revenue was negligible. "The company's investment portfolio continues to make positive progress and the Board
05-May-2015 01:23 PM

Vela confident that Nektan can fast track expansion

Vela Technologies (AIM: VELA), the investing company focused on early stage and pre-IPO disruptive technology investments, has commented on the announcement released by Nektan last week in connection with a new financing package of £7.1m being secured by
19-Dec-2014 04:21 PM

Vela Technologies pre-tax loss narrows

Vela Technologies posts a pre-tax loss of £90,000 got the six months to the end of September - down from £98,000 a year ago. Revenues were nil - unchanged from a year ago - while administrative expenses fell to £90,000 from £98,000 a year ago. At
11-Nov-2014 01:09 PM

Vela Technologies resolutions passed at AGM

Vela Technologies has confirmed that all resolutions proposed at its annual general meeting earlier today were passed. At 1:09pm: (LON:VELA) Vela Technologies share price was 0p at 0.35p Story provided by StockMarketWire.com...
03-Oct-2014 01:50 PM

Vela notes proposed AIM admission by Nektan

Vela Technologies, the investing company focused on early stage and pre-IPO technology investments, notes the schedule one announcement released by Nektan earlier today in connection with its proposed admission to trading on AIM. Nektan is a portfolio c
22-May-2014 02:22 PM

Vela invests in Social Superstore

Vela Technologies has invested £100,000 in the £1m series B funding of The Social Superstore, a social commerce platform which is being built with a view to launch in the fourt quarter, initially in the UK. This funding, which is due for payment on or
30-Sep-2013 01:10 PM

Vela Technologies swings into the black

Vela Technologies swung into the black in the year to the end of March with a pre-tax profit of £140,000 against a loss of £278,000 last time. Revenues were nil - unchanged from a year ago - but total administrative expenses and loss from operations fe
04-Feb-2013 02:10 PM

Vela changes website address

Vela Technologies has changed its website address to http://www.velatechplc.com At 2:10pm: (LON:VELA) share price was +0.01p at 2.13p Story provided by StockMarketWire.com...
 
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