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TWD.L (TWD)

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Share News for TWD.L

IN BRIEF: Trackwise Designs appoints administrators from FRP Advisory

2nd Aug 2023 14:18

Trackwise Designs PLC - Tewkesbury, England-based manufacturer of products using printed circuit technology - Appoints Arvindar Jit Singh and Raj Mittal from Birmingham-based FRP Advisory Trading Ltd as joint administrators to the company. This comes after the company launched a sale process following an internal review last month following the severe fallout from a dispute with an unnamed UK electric vehicle original equipment manufacturer customer. Read More

IN BRIEF: Trackwise Designs files notice to appoint administrators

26th Jul 2023 14:34

Trackwise Designs PLC - Tewkesbury, England-based manufacturer of products using printed circuit technology - Files notice of intention to appoint administrators. On Monday, Trackwise had launched a sale process for its trading operations, following the severe fallout from a dispute with an unnamed UK electric vehicle original equipment manufacturer customer. Trackwise says that, though the sale process has only just started, its "financial uncertainty" and "increased creditor pressure" mean it will appoint administrators "unless circumstances change". Read More

IN BRIEF: Trackwise ends electric vehicle equipment manufacturer order

25th Jul 2023 11:27

Trackwise Designs PLC - Tewkesbury, England-based manufacturer of products using printed circuit technology - Terminates commercial order with an unnamed UK electric vehicle original equipmanet manufacturer customer with immediate effect, following its failure to remedy a breach of a material obligation within 30 days of receiving a notice to do so. Read More

IN BRIEF: Trackwise Designs launches sales process for business

24th Jul 2023 14:27

Trackwise Designs PLC - Tewkesbury, England-based manufacturer of products using printed circuit technology - Launches a sale process for its business following an internal review. Says parties potentially interested in the acquisition of, or investment in, Trackwise should contact its corporate finance team. Adds it reserves the right to alter any aspect of the sale process or to terminate it at any time. Company also adds that it is in the process of appointing a sales agent for the SCL sale process. Notes that initial offers under this process have been received and are being assessed. Read More

Trackwise Designs results delayed; board reviews future options

21st Jul 2023 15:44

(Alliance News) - Trackwise Designs PLC on Friday said that its results have been further delayed, as it also plans to review future options for the company. Read More

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