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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cordel Group Plc | LSE:CRDL | London | Ordinary Share | GB00BYZQM590 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 3.80 | 3.60 | 4.00 | 3.80 | 3.80 | 3.80 | 0.00 | 08:00:04 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Computer Related Svcs, Nec | 3.46M | -598k | -0.0030 | -12.67 | 7.58M |
From Apr 2021 to Apr 2024
TIDMCRDL
RNS Number : 3404F
Cordel Group PLC
21 March 2022
21 March 2022
Cordel Group PLC
("Cordel" or the "Company" or the "Group")
Exercise of options
Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for transport corridor analytics, announces the exercise, by a previous employee, of 250,000 options over ordinary 1p shares in the Company ("Shares") at 1.3p per share. The options being exercised will be satisfied by the issue of 250,000 new ordinary shares of 1p each in the Company ("Shares").
Application and Total Voting Rights
Application has been made to the London Stock Exchange for the 250,000 new Shares to be admitted to trading on AIM ("Admission") and Admission is expected to occur on or around 24 March 2022. The new Shares will, upon issue, rank pari passu with the existing Shares in the Company.
Following Admission of the 250,000 new Shares, the Company's enlarged issued share capital will be 170,427,186 Shares. The Company holds no Shares in Treasury. This figure of 170,4277,186 Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
Cordel Group PLC c/o SEC Newgate Ian Buddery, Chairman Nick Smith, CEO Arden Partners (Broker and Nominated Adviser) +44 (0)20 7614 5900 Ruari McGirr / Richard Johnson SEC Newgate (Financial PR) +44(0) 7540 106366 Robin Tozer / Bob Huxford / Tom Carnegie
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.
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END
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(END) Dow Jones Newswires
March 21, 2022 03:00 ET (07:00 GMT)
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