Saietta shares cancelled from AIM trading as puts itself up for sale
5th Apr 2024 11:28
(Alliance News) - Shares in Saietta Group PLC on Friday were cancelled from trading on AIM. Read More
(Alliance News) - Shares in Saietta Group PLC on Friday were cancelled from trading on AIM. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Shares in Saietta Group PLC plunged on Friday after it put itself up for sale amid doubts over its survival. Read More
(Alliance News) - Large-cap stock prices in Europe closed higher on Friday, with Standard Chartered leading the charge in the FTSE 100. Read More
(Alliance News) - Stock prices in London closed in the red on Tuesday, after a key US inflation reading came in hotter-than-expected. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - Shares in Saietta Group PLC sank on Tuesday, as the company said it would be selling a redundant production line after missing out on a potentially lucrative manufacturing contract. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - Saietta Group PLC on Friday said its loss narrowed despite a "challenging" half-year, as revenue increased. Read More
(Alliance News) - Stocks in London are expected to edge higher on Friday, as investors reflect on an eventful year and look ahead to what's in store for 2024. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Saietta Group PLC - Towcester, England-based designer, engineer and manufacturer of 'eDrive' solutions for electric vehicles - Saietta VNA, its 49.5%-owned Indian joint venture, receives second order for complete eDrives from an anonymous global original equipment manufacturer, "one of the largest producers of light commercial vehicles in the Indian market". The OEM has ordered around GBP106,000 of systems using Saietta's new radial flux technology motor for pilot production over approximately the next three months. Saietta expects the deal to generate around GBP12.7 million in revenue. It previously announced in September that the customer had ordered an eDrive consisting of Saietta's axial flux technology motor, for which production is underway. Saietta expects production of the RFT system to commence in the second quarter of 2024. Adds that it is in advanced discussions with key stakeholders regarding potential funding, as it hopes to "capitalise on the clear opportunity in the Indian lightweight vehicle market". Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
(Alliance News) - Stock prices in London closed lower Thursday, as investors were unable to shake off nerves around US interest rates, as well as the uncertain geopolitical situation in the Middle East. Read More
(Alliance News) - Saietta Group PLC on Thursday saw the suspension on its shares lifted as it published full year results, showing a widened loss but substantial increases in revenue. Read More
Saietta Group PLC - Towcester, England-based company which designs, engineers and manufactures complete electric drivetrain solutions for electric vehicles - Says that Chief Financial Officer Steve Harrison intends to resign as officer and director of the company. Harrison will remain as a statutory director until the annual accounts for the financial year ended March 31, 2023, have been finalised and signed off by the board. Accounts are expected to be finalised in the coming days. Harrison will also remain in his role as CFO for a period of time to assist the company with a smooth transition of responsibilities to his replacing. Company says it has started the search for a new CFO. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More