REG - Sondrel (Holdings) - PDMR Dealing

Sondrel (Holdings)Announcement

29/04/2024 14:45

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RNS Number : 4526M  Sondrel (Holdings) plc  29 April 2024

29 April 2024

 

Sondrel (Holdings) plc

 

("Sondrel", the "Company" and together with its subsidiaries the "Group")

 

PDMR Dealing

 

Sondrel (AIM: SND), a leading provider of ultra-complex chips for leading
global technology brands, announces that on 26 April 2024, Oliver Jones, VP of
Strategic Sales, purchased 121,498 ordinary shares of £0.001 each in the
Company ("Ordinary Shares") at a price of 4.112 pence per Ordinary Share.
Following this purchase, Oliver Jones is beneficially interested in 121,498
Ordinary Shares, representing 0.14 per cent. of the issued share capital of
the Company.

 

The notification below, made in accordance with the UK Market Abuse
Regulation, provides further details.

 

For further information:

 

 Sondrel (Holdings) plc                                        Via Buchanan
 Graham Curren                                                 Tel: +44 (0) 20 7466 5000
 Nick Stone

 Cavendish Capital Markets Limited                             Tel: +44 (0) 20 7220 0500
 Ben Jeynes / Katy Birkin / George Lawson - Corporate Finance
 Michael Johnson - Sales

 Buchanan Communications                                       Tel: +44 (0) 20 7466 5000
 Chris Lane / Stephanie Whitmore / Abby Gilchrist              sondrel@buchanan.uk.com (mailto:sondrel@buchanan.uk.com)

 

About Sondrel

Sondrel is a UK-based fabless semiconductor company specialising in high end,
complex digital Application Specific Integrated Circuits (ASICs) and System on
Chips (SOCs). It provides a full turnkey service in the design, prototyping,
testing, packaging and production of ASICs and SoCs.

 

The Company is one of only a few companies capable of designing and supplying
the higher-spec chips built on the most advanced semiconductor technologies,
selling into a range of hyper growth end markets such as high-performance
computing, automotive, artificial intelligence, VR/AR, video analytics, image
processing, mobile networking and data centres.  Sondrel designs have enabled
products by leading technology brands including Apple (iPhone), Sony
(PlayStation), Meta's (Oculus), Samsung, Google and Sony smartphones, JVC
(prosumer camcorders), Tesla and Mercedes-Benz cars.

 

Sondrel is well-established, with a 20-year track record of successful
delivery, supported by long standing ecosystem partnerships including Arm,
TSMC and Samsung. Headquartered in the UK, Sondrel has a global presence with
offices in UK, USA, China, India and Morocco.

 

For more information please visit: ir.sondrel.com
(http://www.ir.sondrel.com/) .

 

 

The Company makes the following disclosures in accordance with article 19(3)
of the Market Abuse Regulation:

 1     Details of PDMR / person closely associated with them ("PCA")
 (a)   Name                                     Oliver Jones
 2     Reason for the notification
 (a)   Position/status                          VP - Strategic Sales
 (b)   Initial notification/amendment           Initial notification
 3     Details of the Issuer
 (a)   Name                                     SONDREL (HOLDINGS) PLC
 (b)   Legal Entity Identifier code             984500D6E7L2A9A54935
 4     Details of the transaction(s)
 (a)   Description of the financial instrument  Ordinary Shares
 (b)   Identification Code                      GB00BJN54579
 (c)   Nature of the transaction                Purchase of Ordinary Shares
 (d)   Currency                                 GBP
 (e)   Price(s) and volume(s)                   Price(s)   Volume(s)
                                                £0.04112   121,498

 

 [(f)  Aggregated information                   N/A

 (g)   Date of the transaction                  26 April 2024
 (h)   Place of the transaction                 AIMX

 

 

[(f)

Aggregated information

 

N/A

(g)

Date of the transaction

26 April 2024

(h)

Place of the transaction

AIMX

 

 

 

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