Vela and Primorus Investments note Boanerges takeover of WeShop

(Alliance News) - Vela Technologies PLC and Primorus Investments PLC on Wednesday noted that ...

Alliance News 17 November, 2021 | 8:31PM
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(Alliance News) - Vela Technologies PLC and Primorus Investments PLC on Wednesday noted that their investee company WeShop Ltd has been acquired by Boanerges Ltd.

Vela holds 71,429 shares in WeShop, representing 1.5% of WeShop's share capital, while Primorus holds 150,119 shares - equal to a 3.1% stake.

Boanerges to issue 33.3 million shares to acquire WeShop.

Vela Technologies shares closed up 1.4% at 0.058 pence and Primorus Investments ended up 2.9% at 3.76p in London on Wednesday.

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Vela Technologies PLC 2.93 GBX -2.33 -
Primorus Investments PLC 3.65 GBX 0.00 -

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