Completion of Nominated Adviser Due Diligence

RNS Number : 8893R

Cordel Group PLC

11 July 2022

Cordel Group PLC

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

Completion of Nominated Adviser Due Diligence

Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for transport corridor analytics, is pleased to announce that, further to the appointment of Strand Hanson Limited ("Strand Hanson") as its Nominated Adviser on 28 April 2022, Strand Hanson has confirmed that it has completed its due diligence.

Enquiries:

Cordel Group PLC	c/o SEC Newgate
Ian Buddery, Chairman Nick Smith, CEO
Arden Partners plc Broker	+44 (0)20 7614 5900
Ruari McGirr Strand Hanson Limited Nominated Advisor Richard Johnson / James Bellman	+44 (0)20 7409 3494
SEC Newgate (Financial PR)	+44 (0)7540 106366
Robin Tozer / Bob Huxford / George Esmond

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCUWAORUKUBRAR

Companies

Cordel Group (CRDL)

Full Archive

UK 100

Latest directors dealings

All directors dealings today