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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Vela Technologies Plc | LSE:VELA | London | Ordinary Share | GB00BYZ9XC29 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.012 | 0.011 | 0.013 | 0.012 | 0.012 | 0.012 | 11,780,277 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Investment Advice | 0 | -378k | 0.0000 | N/A | 1.63M |
TIDMVELA
RNS Number : 3340G
Vela Technologies PLC
22 July 2019
TR-1: Standard form for notification of major holdings
Hot Features
Premium
NOTIFICATION OF MAJOR HOLDINGS
1a. Identity of the issuer or the Vela Technologies Plc
underlying issuer of existing shares
to which voting rights are attached(ii)
:
-------------------------------------------------------------
1b. Please indicate if the issuer is a non-UK issuer (please mark with
an "X" if appropriate)
Non-UK issuer
---------
2. Reason for the notification (please mark the appropriate box or boxes
with an "X")
An acquisition or disposal of voting rights x
---------
An acquisition or disposal of financial instruments
---------
An event changing the breakdown of voting rights
---------
Other (please specify)(iii) :
---------
3. Details of person subject to the notification obligation(iv)
Name Morton PTC Limited as Trustee of
The Morton Family Trust (MFT), Hawk
Investment Holdings Limited (HIHL),
Morton PTC Limited as Trustee of
The Andrew Morton Family Trust (TAMFT),
Groundlinks Limited (GL)
City and country of registered office HIHL - St Peter Port, Guernsey
(if applicable) GL - Tortola, British Virgin Islands
4. Full name of shareholder(s) (if different from 3.)(v)
Name Hawk Investment Holdings Limited
Groundlinks Limited
-------------------------------------------------------------
City and country of registered office HIHL - St Peter Port, Guernsey
(if applicable) GL - Tortola, British Virgin Islands
-------------------------------------------------------------
5. Date on which the threshold was 19(th) July 2019
crossed or reached(vi) :
-------------------------------------------------------------
6. Date on which issuer notified (DD/MM/YYYY): 22(nd) July 2019
-------------------------------------------------------------
7. Total positions of person(s) subject to the notification obligation
% of voting % of voting rights Total of both Total number
rights attached through financial in % (8.A + of voting rights
to shares (total instruments 8.B) of issuer(vii)
of 8. A) (total of 8.B
1 + 8.B 2)
------------------ ---------------------- ---------------- ----------------------------------
Resulting situation
on the date
on which threshold
was crossed
or reached 5.101% 1,452,958,416
------------------ ---------------------- ---------------- ----------------------------------
Position of
previous notification
(if
applicable) 3.139%
------------------ ---------------------- ---------------- ----------------------------------
8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached(viii)
A: Voting rights attached to shares
Class/type of Number of voting rights(ix) % of voting rights
shares
ISIN code (if
possible)
Direct Indirect Direct Indirect
(Art 9 of Directive (Art 10 of Directive (Art 9 of Directive (Art 10 of Directive
2004/109/EC) 2004/109/EC) 2004/109/EC) (DTR5.1) 2004/109/EC)
(DTR5.1) (DTR5.2.1) (DTR5.2.1)
-----------------------------
GB00BYZ9XC29
4.826%
70,114,318
(HIHL)
0.275%
3,999,682
(GL)
------------------------ ----------------------------- ------------------------- ---------------------
SUBTOTAL 8. A 74,114,000 5.101%
------------------------------------------------------- ------------------------------------------------
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
(DTR5.3.1.1 (a))
Type of Expiration Exercise/ Number of voting % of voting
financial date(x) Conversion Period(xi) rights that may rights
instrument be acquired if
the instrument
is
exercised/converted.
----------- ----------------------------------- -------------------------------- ---------------------
SUBTOTAL 8. B 1
----------------------------------- -------------------------------- ---------------------
B 2: Financial Instruments with similar economic effect according to
Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of Expiration Exercise/ Physical or Number of % of voting
financial date(x) Conversion cash voting rights rights
instrument Period (xi) settlement(xii)
---------------- ---------------------- ----------------------- --------------------
SUBTOTAL 8.B.2
----------------------- --------------------
p
9. Information in relation to the person subject to the notification
obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled
by any natural person or legal entity and does not control any other
undertaking(s) holding directly or indirectly an interest in the
(underlying) issuer(xiii)
Full chain of controlled undertakings through which the voting rights
and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity(xiv) (please add additional
rows as necessary)
Name(xv) % of voting rights % of voting rights Total of both if
if it equals or through financial it equals or is
is higher than the instruments if it higher than the
notifiable threshold equals or is higher notifiable threshold
than the notifiable
threshold
---------------------- --------------------- ------------------------
MFT as sole shareholder
of HIHL. The Board
of Directors of
the Morton PTC are
Albany Directors
Limited, Mr Anthony
David Holt, Robert
Walter Morton (RWM)
and Susan Margaret
Howard Morton (SMHM).
The adult beneficiaries
of MFT are SMHM,
RWM, Charles Morton
(CNM), Edward Morton
(EGM) and Andrew
Morton (ARM). 0 0 0
---------------------- --------------------- ------------------------
HIHL 4.826% 0 4.826%
---------------------- --------------------- ------------------------
TAMFT as sole shareholder
of GL. The ultimate
beneficiary of TAMFT
is ARM. 0 0 0
---------------------- --------------------- ------------------------
GL 0.275% 0.275%
---------------------- --------------------- ------------------------
10. In case of proxy voting, please identify:
Name of the proxy holder
-----------------------------------------------
The number and % of voting rights
held
-----------------------------------------------
The date until which the voting rights
will be held
-----------------------------------------------
11. Additional information(xvi)
Place of completion Guernsey, Channel Islands
Date of completion 19(th) July 2019
--------------------------
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
HOLPGUWGMUPBGQP
(END) Dow Jones Newswires
July 22, 2019 12:16 ET (16:16 GMT)
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