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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Velocity Composites Plc | LSE:VEL | London | Ordinary Share | GB00BF339H01 | ORD 0.25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.50 | 1.67% | 30.50 | 29.00 | 32.00 | 30.50 | 30.00 | 30.00 | 10,333 | 08:36:26 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Aircraft Parts, Aux Eq, Nec | 16.41M | -3.14M | -0.0588 | -5.19 | 16.31M |
From Apr 2019 to Apr 2024
TIDMVEL
RNS Number : 1105G
Velocity Composites PLC
27 February 2018
27(th) February 2018
Velocity Composites plc
("Velocity" or "the Company")
Result of AGM
Velocity Composites plc, the provider of highly engineered kits for the aerospace industry, is pleased to announce that all resolutions proposed at the Company's Annual General Meeting, held this morning, were duly passed.
CONTACT DETAILS:
Velocity c/o Camarco Jon Bridges, CEO Tel: 020 Alan Kershaw, CFO 3757 4980 finnCap (Nominated Adviser and Broker) Tel: 020 Adrian Hargrave / Scott Mathieson 7220 0500 / Kate Bannatyne (Corporate Finance) Tim Redfern / Sultan Awan (Corporate Broking) Camarco (Financial PR) Tel: 020 Georgia Edmonds / Owen Roberts / 3757 4980 James Crothers
About Velocity Composites
Velocity Composites is a manufacturer of advanced composite material kits for the aerospace industry, delivering engineered waste reduction solutions for its customers to build aircraft components using less time and material. The Company's customers include multi-national manufacturers of composite parts and assemblies, who in turn deliver to the world's leading civil and military aircraft manufacturers. The Airbus A320, A330, A350, A380, Eurofighter Typhoon, F35 Joint Strike Fighter and Boeing 737, 787 and V22 Osprey are all constructed using parts manufactured from Velocity's kits. The Company's business model reduces the operating costs of preparing composite materials ahead of their usage in the construction of an aircraft part and as such, its offering is disposed to being self-financing for aircraft parts' manufacturers. Velocity's services are seeing increased demand as the global aircraft industry enters a more-for-less era.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
February 27, 2018 07:56 ET (12:56 GMT)
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