Sondrel Holdings PLC - Reading, England-based semiconductor design services - Calls general meeting for August 12 for shareholders to vote on its plan to de-list from AIM and re-register as a private company. The plan was first set out last week, when Sondrel released its delayed annual results, saying it is part of the company’s transformation plan and refinancing. The results showed Sondrel’s pretax loss widened to £18.0 million in 2023 from a restated £6.4 million loss in 2022. Following the cancellation, Sondrel shareholders will be able to trade shares by means of a matched bargain facility provided by JP Jenkins Ltd.

Current stock price: 2.48 pence, down 24% in London on Monday

12-month change: down 96%

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