PDMR Dealing

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

 

 

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.

 

 

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

 

 

 

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