REG - Sondrel (Holdings) - PDMR Dealings

Sondrel (Holdings)Announcement

22/04/2024 16:45

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RNS Number : 5691L  Sondrel (Holdings) plc  22 April 2024

22 April 2024

 

Sondrel (Holdings) plc

 

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

 

PDMR Dealings

 

Sondrel (AIM: SND), a leading provider of ultra-complex chips for leading
global technology brands, announces that on 19 April 2024, David Mitchard,
Interim CEO, purchased 554,138 ordinary shares of £0.001 each in the Company
("Ordinary Shares") at a price of 3.60 pence per Ordinary Share. Following
this purchase, David Mitchard is beneficially interested in 554,138 Ordinary
Shares, representing 0.63 per cent. of the issued share capital of the
Company.

 

Furthermore, on 19 April 2024 Nick Stone, Interim CFO, purchased 140,000
Ordinary Shares at a price of 3.50 pence per Ordinary Share. Following this
purchase, Nick Stone is beneficially interested in 140,000 Ordinary Shares,
representing 0.16 per cent. of the issued share capital of the Company.

 

The notifications below, made in accordance with the UK Market Abuse
Regulation, provide 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                                     David Mitchard
 2     Reason for the notification
 (a)   Position/status                          Interim CEO/PDMR
 (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)
                                                £0.036    554,138
 [(f)  Aggregated information                   N/A

 (g)   Date of the transaction                  19 April 2024
 (h)   Place of the transaction                 AIMX

[(f)

Aggregated information

 

N/A

(g)

Date of the transaction

19 April 2024

(h)

Place of the transaction

AIMX

 

 

 1     Details of PDMR / person closely associated with them ("PCA")
 (a)   Name                                     Nick Stone
 2     Reason for the notification
 (a)   Position/status                          Interim CFO/PDMR
 (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)
                                                £0.035    140,000
 [(f)  Aggregated information                   N/A

 (g)   Date of the transaction                  19 April 2024
 (h)   Place of the transaction                 AIMX

[(f)

Aggregated information

 

N/A

(g)

Date of the transaction

19 April 2024

(h)

Place of the transaction

AIMX

 

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