VELOCITY COMPOSITES PLC

Report Publication Announcement • Apr 28, 2025

National Storage Mechanism | Additional information

RNS Number : 4915G

Velocity Composites PLC

28 April 2025

28 April 2025

Velocity Composites plc

("Velocity" or the "Company")

Publication of Annual Report and Accounts

Velocity Composites plc (AIM: VEL), the leading supplier of composite material kits to aerospace, confirms that the Company's audited results for the twelve months ended 31 October 2024 were posted to shareholders on 29 January 2025 and were simultaneously made available on its website.

Enquiries:

Velocity Composites plc	+44 (0) 1282 577577
Andy Beaden, Chairman
Jon Bridges, CEO
Rob Smith, Chief Financial Officer
Canaccord Genuity Limited	+44 (0) 20 7523 8000
Nominated Adviser and Joint Broker
Max Hartley
George Grainger
Dowgate Capital Limited	+44 (0) 20 3909 7715
Joint Broker
Russell Cook
Nick Chambers
SEC Newgate	+44 (0)7540 106 366
Financial Communications	velocity@secnewgate.co.uk
Robin Tozer
George Esmond
Harry Handyside

About Velocity Composites plc

Based in Burnley, UK, Velocity is the leading supplier of composite material kits to aerospace and other high-performance manufacturers, that reduce costs and improve sustainability. Customers include Airbus, Boeing, and GKN.

By using Velocity's proprietary technology, manufacturers can also free up internal resources to focus on their core business.  Velocity has significant potential for expansion, both in the UK and abroad, including into new market areas, such as wind energy, urban air mobility and electric vehicles, where the demand for composites is expected to grow.

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