orogen news and archive

Sosander exceeds season trading expectations

Sosandar, the newly listed online fashion brand, has reported a “strong performance” for its sales over December and January, with net revenues exceeding management expectations. In a statement, Sosander said that the strong trading follows its successful floatation on AIM last November, which enabled the company to acquire larger and wider...

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Sosandar trading has “exceeded” expectations

Online womenswear retailer Sosandar, which floated in AIM last month, has stated in a trading update that it has “exceeded management expectations” in the period from the end of August to the end of November. In its first trading update since entering London’s AIM on November 2, following a reverse takeover, the business has said the funds...

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Sosandar commences trading on AIM

Sosandar plc, formerly known as Orogen plc, the online women’s fashion retailer, has commenced trading on AIM today, November 2, following the reverse takeover of Thread 35 Ltd , which was announced last month. The number of ordinary shares in issue immediately after admission will be 106,814,658 giving the company a market capitalisation of...

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Orogen proposes reverse takeover of Sosandar

Orogen Plc, a cash shell, has announced it is to acquire Thread 35 Ltd, which operates as women’s e-commerce brand Sosander as a reverse takeover under AIM rules. Under the terms of the buyout, AIM-listed Orogen will acquire Sosandar parent company Thread 35 Ltd for 6.3 million pounds, which is subject to shareholder approval. Shareholders will...