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
|