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Sondrel Holdings PLC - Reading, England-based semiconductor design services - Siemens Industry Software Ltd, part of Siemens AG, sells entire 11.2% stake in Sondrel in a share placing run by Peel Hunt LLP. Siemens sells 9.8 million shares at 6 pence each, worth £588,807, Peel Hunt says on Friday. Sondrel won’t receive any funds, as the sale is of existing shares. Current stock price: 7.00p, down 47% on Friday morning in London 12-month change: down 88% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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