Saietta Group plc raising £37.5 million to accelerate growth strategy

Wicher Kist, chief executive officer at Saietta Group plc, commented: “We have been greatly encouraged by the very positive reaction to our IPO which attracted support from a range of blue chip institutions. “Although the motor industry has focused on the electrification of the passenger car segment, Saietta has taken a contrarian view and focused on high volume, high growth markets. We are aiming to capture a material proportion of the rapidly expanding electric motorbike market.”-Ends-—–About Saietta Group plcSaietta Group plc is an established engineering company based in Oxfordshire, England. More information is available via the Saietta Group plc website (www.saiettagroup.com). PR contactsFor further information on Saietta Group, images, or comment, contact PFPR Communications:James ParsonsM : +44 (0) 7725 257 792E : [email protected] Borge-SlavnichM : +44 (0) 7759 858 688E : [email protected]