RNS Number : 1665R Velocity Composites PLC 24 December 2024 24 December 2024 Velocity Composites plc ("Velocity", the "Company", the "Group") PDMR shareholding Velocity Composites plc (AIM: VEL), the leading supplier of composite material kits to aerospace, further to the exercise of share options and issue of equity reported on 20 December 2024, the Company has been notified that, on 24 December 2024, Jon Bridges, Chief Executive Officer, holdings in the Company have been diluted to 9.94% (previously 10.04%). Mr. Bridges' beneficial holdings remain unchanged at 5,365,929 Ordinary Shares. The TR-1, below, contains the full details of Mr. Bridges beneficial holdings. Enquiries: About Velocity Composites plc Based in Burnley, UK, Velocity is the leading supplier of composite material kits to aerospace, 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. TR-1: Standard form for notification of major holdings This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END DSHZXLFLZLLBFBE