RNS Number : 8893R

Cordel Group PLC

11 July 2022

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.


 Cordel Group PLC                       c/o SEC Newgate 
 Ian Buddery, Chairman 
  Nick Smith, CEO 
                                         +44 (0)20 7614 
 Arden Partners plc Broker                         5900 
 Ruari McGirr 
  Strand Hanson Limited Nominated 
  Advisor                                +44 (0)20 7409 
  Richard Johnson / James Bellman                  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

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(END) Dow Jones Newswires

July 11, 2022 02:00 ET (06:00 GMT)

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