Vela Technologies (VELA)

Sector:

Media

Index:

FTSE AIM All-Share

 0.014p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.031p
  • 52 Week Low: 0.013p
  • Currency: UK Pounds
  • Shares Issued: 16,252m
  • Volume: 41,422,317
  • Market Cap: £2.28m

Vela confirms slight delay to Arcadia clinical trial report

By Josh White

Date: Monday 06 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Vela Technologies announced a delay to the results of the clinical trial of 'SGS002' on Monday, to 10 September.
The AIM-traded firm had said in August that the Arcadia clinical team was planning to publish its report on the results of the trial to test SGS002 on 6 September .

On Monday, Vela's board said it had been informed by St George Street Capital (SGSC) that it now intended to publish the results of the trial no later than 10 September.

The company described the asset as a drug that could be beneficial to diabetic patients suffering from Covid-19, with SGSC working "closely" with Excalibur Medicines (EML) on the research project.

"SGSC holds 1.1 million ordinary shares in Vela, representing 7.13% of Vela's issued share capital," the board said in its statement.

"SGSC's ordinary shares are subject to a lock-in agreement until the successful completion of phase 2 of the Arcadia trial, or for a period of two months following completion of the Arcadia trial, should the outcome of the trials not meet the minimum threshold."

At 1535 BST, shares in Vela Technologies were up 5.56% at 0.1p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

VELA Market Data

Currency UK Pounds
Share Price 0.014p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.031p
52 Week Low 0.013p
Volume 41,422,317
Shares Issued 16,252m
Market Cap £2.28m

VELA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
68.92% above the market average68.92% above the market average68.92% above the market average68.92% above the market average68.92% above the market average
40.91% above the sector average40.91% above the sector average40.91% above the sector average40.91% above the sector average40.91% above the sector average
Price Trend
55.54% below the market average55.54% below the market average55.54% below the market average55.54% below the market average55.54% below the market average
48.94% below the sector average48.94% below the sector average48.94% below the sector average48.94% below the sector average48.94% below the sector average
Income Not Available
Growth Not Available

VELA Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
15:37 666 @ 0.015p
15:37 666 @ 0.015p
15:27 6,194,970 @ 0.014p
15:16 2,000,000 @ 0.013p
12:34 666 @ 0.015p

Top of Page