Sondrel Plc Share News (SND)

EARNINGS AND TRADING: MediaZest optimistic; Volta Finance NAV up

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

IN BRIEF: Sondrel concludes negotiations with supplier

Sondrel Holdings PLC - Reading, England-based semiconductor design services firm - Concludes negotiations with a supplier in respect of existing and future supply arrangements under an addendum to an existing supply contract.

Sondrel strikes deal for next phase of video chip contract

(Sharecast News) - Chip specialist Sondrel announced on Monday that it has successfully concluded negotiations for a material design and supply contract, as first announced on 27 February.

IN BRIEF: Sondrel concludes exhibit negotiations for chip deal

Sondrel Holdings PLC - Reading, England-based semiconductor design services firm - Concludes negotiations of the exhibits to the material design and supply contract, which has a total estimated value of USD23 million. The contract, Sondrel explains, is for a "next generation, video processing chip across the design, qualification and projected production life of the product".

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

IN BRIEF: Sondrel secures loan to meet working capital needs

Sondrel Holdings PLC - Reading, England-based semiconductor design services firm - Enters GBP874,600 secured 15% convertible loan agreement with ROX Equity Partners Ltd, a UK-based private equity firm and long term investor specialising in emerging technology companies. Says the loan will meet immediate working capital requirements. Explains proceeds of the loan are expected to be received by the March 6. They will be utilised to meet February 2024 payroll and certain overdue supplier obligations. Interest is payable at a rate of 15% per annum quarterly on the last day of March, June, September and December.

Sondrel talks over capital injection at 'advanced' stage

(Sharecast News) - Semiconductor designer and consultant Sondrel updated the market on its ongoing discussions with a potential capital provider on Friday, to address its immediate working capital needs.

Sondrel in advanced discussions over GBP900,000 convertible loan note

(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.

TRADING UPDATES: Sondrel wins USD23 million contract

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

Sondrel wins new design and supply contract

(Sharecast News) - Semiconductor company Sondrel said on Tuesday that it had won a new design and supply contract for a next-generation video processing chip with a total estimated value of $23.0m across the design, qualification and projected production life of the product.

Sondrel surges on Neuralink speculation

(Sharecast News) - Sondrel shares rocketed on Thursday after the Daily Mail reported that a key part of Elon Musk's Neuralink brain chip was created by the AIM-listed company, which provides "ultra-complex chips" for technology brands.

Sondrel shares rocket on report it assisted with Neuralink brain chip

(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.

TRADING UPDATES: ReNeuron warns; Gama Aviation pledges cash return

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

Sondrel says ASIC payment delay will hamper 2023 results

(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.