Saietta Group PLC Update re Suspension to Trading (6532Q)
19 Ottobre 2023 - 8:01AM
UK Regulatory
TIDMSED
RNS Number : 6532Q
Saietta Group PLC
19 October 2023
19 October 2023
Saietta Group Plc
("Saietta", the "Company" or the "Group")
Update re Suspension to Trading
Saietta Group plc (AIM: SED), the multi-national business which
designs, engineers and manufactures complete electric drivetrain
(eDrive) solutions for electric vehicles, is pleased to have today
announced its audited financial results for year ended 31 March
2023.
The Company expects to upload its full Report and Accounts for
year ended 31 March 2023 onto its website later today.
Once the Company's full Report and Accounts have been uploaded,
the Company will then request the restoration of trading in the
Company's securities on AIM.
For any further enquiries, please contact:
Saietta Group via FTI
Tony Gott, Executive Chair
David Woolley, Chief Executive Officer
Canaccord Genuity (Nomad and Broker)
Henry Fitzgerald-O'Connor / Harry Pardoe 0207 523 8000
FTI Consulting (Financial PR advisor) Tel: +44 (0) 20 3727 1000
Ben Brewerton / Dhruv Soni saietta@fticonsulting.com
About Saietta Group plc
Listed on the London Stock Exchange's AIM, Saietta is a global
business that designs, develops and manufactures complete electric
drivetrain (eDrive) solutions for established manufacturers of a
broad range of electric vehicles.
Saietta's breakthrough proprietary technologies include AFT
(Axial Flux Technology) and RFT (Radial Flux Technology) motors,
power electronics, powertrain controls, mechanical axles,
transmissions and vehicle control units. Considerable flexibility
is built into the core design, meaning solutions can be quickly and
cost effectively tailored to a specific application.
Saietta works in a highly collaborative way with clients, driven
by the belief that partnership is key to delivering world-class
tailored solutions at pace. Saietta's engineering team takes time
to deeply understand a client's brand, target market sector,
competition and the services they require. Then Saietta develops a
bespoke suite of products and services to fast-track the client to
production with eDrive solutions which deliver a sustainable
competitive advantage.
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END
SRSEASENFLNDFEA
(END) Dow Jones Newswires
October 19, 2023 02:01 ET (06:01 GMT)
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