Vela Technologies Changes Name to Caledonian Holdings
Why we think this is neutral
This RNS announcement is a routine update on the company's name change from Vela Technologies plc to Caledonian Holdings plc. While name changes can sometimes signal broader strategic shifts, this appears to be a straightforward administrative change without any significant business implications.
Key Points
- Company name changed from Vela Technologies plc to Caledonian Holdings plc
- Change of name effective from 24 March 2025
- Shares to trade under new ticker 'CHP' from 26 March 2025
Summary
The investing company formerly known as Vela Technologies plc has changed its name to Caledonian Holdings plc, effective immediately.
Caledonian Holdings plc, the AIM-quoted investing company, has changed its name from Vela Technologies plc. The change of name to Caledonian Holdings plc became effective upon receipt of the change of name certificate from Companies House on 24 March 2025. The company's shares will continue to trade on the AIM market of the London Stock Exchange under the new ticker symbol 'CHP'.
GENERAL UPDATE