(Alliance News) - Sondrel Holdings PLC on Friday confirmed that discussions with a potential provider of capital are now "at a very advanced stage" regarding a proposed GBP900,000 convertible loan note. 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) - Sondrel Holdings PLC on Thursday noted its skyrocketing share price, following a report in the Daily Mail that it assisted Tesla Inc owner Elon Musk with his Neuralink brain chip project. 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
(Alliance News) - Sondrel Holdings PLC on Wednesday said that further delays to a December contract payment have put the group in a precarious cash position. Read More
(Alliance News) - Sondrel Holdings PLC on Thursday said it has been unable to meet its December payroll due to a delay in payment from an automotive manufacturer. Read More
(Alliance News) - Stock prices in London were higher at midday Friday, putting investors in a good mood as we enter the final month of the year. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
Sondrel Holdings PLC - Reading, England-based semiconductor design services - Siemens Industry Software Ltd, part of Siemens AG, sells entire 11.2% stake in Sondrel in a share placing run by Peel Hunt LLP. Siemens sells 9.8 million shares at 6 pence each, worth GBP588,807, Peel Hunt says on Friday. Sondrel won't receive any funds, as the sale is of existing shares. Read More
(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Monday, and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings reported by London-listed companies on Thursday and not separately reported by Alliance News: Read More
Sondrel Holdings PLC - Reading, England-based semiconductor company - Chief Financial Officer Joe Lopez stands down with immediate effect and "by mutual agreement". He will step down as a director before September 30. Sondrel appoints Nick Stone as non-board interim CFO, effective from Thursday. Stone most recently was CFO of Braemar PLC from 2019 to 2023; he also has served as CFO at The Appointment Group Ltd, Hornby PLC and KBC Advanced Technologies PLC. Sondrel has initiated its search process for a permanent CFO. Read More
(Alliance News) - Shares in Sondrel (Holdings) PLC on Thursday plunged after it disclosed a trio of project delays for its bespoke application-specific integrated circuit designs. Read More
Sondrel Holdings PLC - Reading, England-based semiconductor company - Completes second key milestone as part of a design and delivery of specific integrated circuits for a "tier 1" automotive customer. Sondrel says significant progress and investment have been made and the project remains on schedule for release to prototyping silicon manufacture later this year. Read More
Sondrel (Holdings) PLC - Reading, England-based semiconductor company - Announces it has successfully taped out an application specific integrated circuits design for a controller of a smartphone camera. The project design contract was awarded in late 2021 and was fully funded by the customer. Project production and supply are expected to begin at the start of 2024, company says. Estimates based on production volumes and the product lifetime currently projected that revenue associated with the production and supply of the ASIC could exceed USD50 million over five years. Graham Curren, Chief Executive says: "We look forward to progressing with the new product introduction and prototyping phases ahead of the product entering production in 2024." Read More
(Alliance News) - Sondrel Holdings PLC said on Wednesday its annual loss widened despite a surge in revenue, but the company maintained a positive outlook looking forward. Read More