Saietta Group PLC Lifting of Suspension (7057Q)
19 October 2023 - 10:31PM
UK Regulatory
TIDMSED
RNS Number : 7057Q
Saietta Group PLC
19 October 2023
19 October 2023
Saietta Group Plc
("Saietta", the "Company" or the "Group")
Lifting of Suspension
Saietta Group plc (AIM: SED), the multi-national business which
designs, engineers and manufactures complete electric drivetrain
(eDrive) solutions for electric vehicles, announces that its Report
and Accounts for the year ended 31 March 2023 have now been
uploaded to its website and can be accessed at www.saietta.com/
.
The Company has now requested the restoration of trading in the
Company's securities on AIM, which is expected to take place at
12.30pm today.
A printed version of the Company's Report and Accounts will be
posted to shareholders in the coming days together with a circular
convening a general meeting at which the Report and Accounts will
be laid before shareholders. A further announcement will be made
confirming the posting of the Report and Accounts and the circular
and confirming the time, date and location of the general
meeting.
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
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October 19, 2023 07:31 ET (11:31 GMT)
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