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 GBP588,807, 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%

By Tom Waite, Alliance News editor

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