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TWD.L (TWD) Share News

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

LONDON MARKET CLOSE: Tech shines as investors cheer US inflation ease

30th Jun 2023 16:55

(Alliance News) - Stock prices in Europe closed higher on Friday, while tech shares surged in New York, after a cooler US inflation reading offered hope that the end of the Federal Reserve's hiking cycle is closer. Read More

Trackwise shares crash as annual results delays spark share suspension

30th Jun 2023 11:06

(Alliance News) - Trackwise Designs PLC shares tanked by over 50% on Friday as continued manufacture and delivery issues contributed to the delay of its audited results, which in turn has caused the company's shares to face suspension from AIM. Read More

AIM WINNERS & LOSERS: Harvest Minerals slashes annual sales forecast

30th Jun 2023 10:48

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More

Trackwise extends cash runway amid contract delay from customer

9th May 2023 12:37

(Alliance News) - Trackwise Designs PLC said on Tuesday it will extend its cash runway to the end of June amid a contract delay. Read More

IN BRIEF: Trackwise Designs puts Stevenage Circuits arm up for sale

3rd May 2023 14:23

Trackwise Designs PLC - Tewkesbury, Gloucestershire-based manufacturer of products using printed circuit technology - Launches sale process for Stevenage Circuits Ltd in order to focus its financial and management resources "more fully" on its core improved harness technology business. Says decision follows an impairment review of Stevenage Circuits in late March, which resulted in an impairment charge for the subsidiary. Says it could sell the entire business or its asset. The board will "assess the merits of expressions of interest received". Stresses there can be no certainty that a sale will go ahead. Says Stevenage Circuits operates from Trackwise's Stevenage site and it forms the majority of the group's Advanced PCB business. Says its disposal would not affect the core improved harness technology business. Read More

AIM WINNERS & LOSERS: Trackwise falls as loss wider, cash runway short

30th Mar 2023 11:30

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More

Trackwise expects loss to widen, revenue to fall; updates on order

30th Mar 2023 10:57

(Alliance News) - Trackwise Designs PLC on Thursday said it expects its annual loss to widen and revenue to fall, while it said it expects a manufacturing delay for its GBP8.0 million order with an electric vehicle original equipment manufacturer. Read More

TRADING UPDATES: Egdon to buy Aurora Production UK; Mila finds gold

20th Dec 2022 19:09

(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

TRADING UPDATES: Pantheon Resources repays notes; Corcel raises funds

14th Dec 2022 22:01

(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

Trackwise issues shares to raise GBP3.7 million and provide cash flow

14th Dec 2022 11:18

(Alliance News) - Trackwise Designs PLC on Wednesday proposed a placing and subscription of new shares to raise GBP3.7 million and provide cash flow for its production contract with an electric vehicle original engine manufacturer customer. Read More

AIM WINNERS & LOSERS: Billington profit to beat 2022 and 2023 forecast

14th Dec 2022 10:57

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

TRADING UPDATES: Trackwise Designs wins deal; Cake Box names CFO

21st Oct 2022 21:29

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

TRADING UPDATES: Block Energy swings to profit; GreenX loss widens

5th Oct 2022 21:14

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and Friday and not separately reported by Alliance News: Read More

Trackwise Designs sinks on new contract with UK electric vehicle OEM

14th Sep 2022 10:59

(Alliance News) - Trackwise Designs PLC on Wednesday said it is in discussions with its UK electric vehicle original equipment manufacturer customer to replace is original product manufacture & supply agreement with a new contractual pact. Read More

AIM WINNERS & LOSERS: Inspirit soars on heat recovery system test

14th Sep 2022 10:36

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

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