REG - Cordel Group PLC - Appointment of Director

CordelAnnouncement

Tue 07:00

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RNS Number : 7246N  Cordel Group PLC  06 January 2026

6 January 2026

Cordel Group PLC

("Cordel" or the "Company" or the "Group")

 

Appointment of Director

 

Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for
transport corridor analytics, is pleased to announce the appointment of Mr
Jeffrey Songer to the Board as a Non-executive Director, with immediate
effect.

 

Mr Songer is an established senior USA rail industry executive with over 30
years of experience in operations, engineering and finance. Most recently, he
led the merger and integration activities for the Kansas City Southern
Railway, acquired by the Canadian Pacific Railway for $31 billion in April
2023.

 

Ian Buddery, Chairman, Cordel, said: "We are delighted to welcome Jeff to the
main board, after serving on our advisory board since 2024.  His extensive
USA rail experience will add significant value to our operational and
strategic planning.  His wide expertise includes the implementation and
operation of Positive Train Control systems and the procurement processes of
major US railroads.  He will help us to further raise our profile and connect
to leaders in the global rail industry."

 

The disclosures required by Schedule 2(g) of the AIM Rules for Companies in
respect of Jeffrey Songer are set out in the Appendix to this announcement.

 

 

Enquiries:

 

 Cordel Group PLC                            c/o Cavendish
 Ian Buddery, Chairman

 John Davis, Chief Executive Officer

 Cavendish Capital Markets Limited, Broker   +44 (0)20 7908 6000
 Marc Milmo

 Sunila de Silva (Corporate Broking)

 Strand Hanson Limited, Nominated Adviser

 Richard Johnson / James Bellman             +44 (0)20 7409 3494

 

About Cordel

Cordel produces specialist hardware and software for capturing, analysing and
reporting on large datasets within the transport sector, employing
sophisticated artificial intelligence algorithms.

Further information on the Company is available at: www.cordel.ai

 

Appendix

Full Name: Jeffery Mark Songer

Age: 56

 Current Directorships/Partnerships  Past Directorships/Partnerships within last 5 years
 Songer Rail Consulting, LLC         Panama Canal Railway
 The Greenbrier Companies, Inc.      Make-A-Wish Charitable Foundation Missouri and Kansas
                                     Transportation Technology Center, Inc.
                                     Kansas City Southern Railway Co
                                     Gateway Eastern Railway Co
                                     PABTEX INC
                                     Panarail Tourism Company

Jeffrey Songer holds 300,000 Share Options in the Company, with an exercise
price of £0.073 and vesting 11 April 2028.

No further information is required to be disclosed under AIM Rule 17 or
Schedule 2(g) of the AIM Rules for Companies.

 

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