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Caledonian Holdings Updates on Subscription Shares Admission

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Vela Technologies ( (GB:CHP) ) has shared an update.

Caledonian Holdings plc has announced an update regarding the admission of 10,920,000,000 Subscription Shares to trading on AIM, which was initially expected to occur on or around 4 April 2025. The admission has been delayed due to £200,000 of outstanding subscription monies, but the company anticipates receiving these funds imminently and now expects the shares to be admitted on or around 11 April 2025. The company has successfully raised gross proceeds of £827,000 through a placing and £112,500 through a broker option, indicating strong financial backing and potential growth opportunities.

More about Vela Technologies

Caledonian Holdings plc, formerly known as Vela Technologies plc, is an AIM-quoted investing company. The company focuses on making strategic investments and is involved in various financial activities.

Technical Sentiment Signal: Buy

Current Market Cap: £1.3M

Find detailed analytics on CHP stock on TipRanks’ Stock Analysis page.

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