Satsuma Technology PLC
SATS · Main Market · Consumer Products and Services · mcap £24m · 0.2p
| Date | Type | Announcement | Day |
|---|---|---|---|
| 24 Sep 26 | Board change | Directorate Change
Matthew Lodge resigned as Non-Executive Director with immediate effect. |
+0.0% |
| 17 Sep 26 | Results | Final Audited Results
Loss of £76.9m; shareholders voted to return capital and delist; all Bitcoin sold; strategy abandoned. |
+0.0% |
| 14 Sep 26 | Update on de-listing
Delisting from LSE Main Market postponed until after AGM to arrange alternative listing venue. |
+0.0% | |
| 08 Sep 26 | Court approval of reduction of capital
High Court approves cancellation of B Shares; £30.7m capital return to shareholders. |
+0.0% | |
| 04 Aug 26 | Update on Proposed Reduction of Capital
Court hearing scheduled for capital reduction; Bitcoin sold for £31.9m; £0.002734 per B Share to be returned. |
+0.0% | |
| 20 Jul 26 | Result of General Meeting
General Meeting Results - Proposed Return of Capital and Delisting |
+0.0% | |
| 03 Jul 26 | Corporate Update
Board recommends shareholders vote against proposed capital return and delisting following shareholder requisition. |
+0.0% | |
| 01 Jul 26 | Monthly Fact Pack — July 2026 Update
Trading suspended pending audited accounts; shareholder vote on return of capital and delisting scheduled for 20 July 2026. |
+0.0% | |
| 24 Jun 26 | Proposed Return of Capital and Delisting
Proposed return of substantially all capital through B Share Scheme and delisting from Main Market, with board split on recommendation. |
−1.4% | |
| 06 May 26 | Update
Shareholders representing over 20% request return of capital; Board to convene General Meeting. |
+18.4% | |
| 27 Apr 26 | Appointment of Auditor
PKF Littlejohn appointed as auditor, succeeding BDO following cost reduction review. |
−4.4% | |
| 24 Apr 26 | Bitcoin Acquisition
Satsuma acquired 22.77 BTC for US$1.8m as part of long-term treasury strategy. |
+0.0% | |
| 07 Apr 26 | Appointment of Non-Executive Directors
Satsuma appointed Nicholas Lee and Patrick Dean as non-executive directors. |
+1.0% | |
| 02 Apr 26 | Cost Reduction Programme and Bitcoin Purchase
Cost reduction programme reduces annualised operating expenditure by 62% to £2.7m; company acquires 25.65 BTC. |
+0.0% | |
| 16 Mar 26 | Update on Board and intention to adjourn GM
CEO and CFO resigned; two new Non-Executive Directors appointed; requisitioned GM adjourned. |
+4.3% | |
| 06 Mar 26 | Resignation of Director
Henry Elder resigned as director and employee effective immediately; Ranald McGregor-Smith becomes Executive Chair. |
−1.7% | |
| 18 Feb 26 | Resignation of Director
Andrew Smith resigned as director following a requisition notice seeking his termination. |
+0.0% | |
| 02 Feb 26 | Requisition Notice
Company has received sufficient shareholder requisition requests to call a general meeting. |
−0.7% | |
| 28 Jan 26 | Purported Requisition Notice
Shard Capital requisitions shareholder meeting to remove two directors and appoint two non-executives. |
+0.0% | |
| 11 Dec 25 | Proposed Board changes and sale of Bitcoin
Proposed new Chair and Senior Independent Director appointments announced; company sells 579 Bitcoin for £40m net proceeds. |
+11.6% | |
| 28 Nov 25 | Results | Unaudited Interim Results
Interim results show £25.9m loss, £169m raised via convertibles, Bitcoin holdings of 1,153 BTC, uplisting targeted for 30 December 2025. |
−18.8% |
| 28 Nov 25 | Update non-statutory financial information
Company to supersede previously published non-statutory financial information with interim results. |
−18.8% | |
| 23 Oct 25 | Appointment of Auditor
Board appoints BDO LLP as auditor ahead of proposed Uplisting to Official List Commercial Companies Category. |
+28.2% | |
| 16 Oct 25 | Appointment of Advisors
Appointed Canaccord Genuity and Latham & Watkins to advise on uplisting from Transition to Commercial Companies category. |
−2.4% | |
| 14 Oct 25 | Board change | Appointment of Chief Financial Officer
Andrew Smith appointed Chief Financial Officer, effective 1 November 2025. |
+2.4% |
Company filings. Not investment advice.