Cordel Group PLC Appointment of Director (3128I)
14 Abril 2022 - 1:10AM
UK Regulatory
TIDMCRDL
RNS Number : 3128I
Cordel Group PLC
14 April 2022
14 April 2022
Cordel Group PLC
("Cordel" or the "Company" or the "Group")
Appointment of Director
Cordel Group PLC (AIM: CRDL), the Artificial Intelligence
platform for transport corridor analytics, is pleased to announce
the appointment of the Company's Chief Technology Officer , Aaron
Hoye to the Board as an Executive Director, with immediate
effect.
Aaron co-founded Cordel in 2012 with Group CEO Nick Smith. He
has extensive technology experience, of hardware and software,
across a range of remote sensor technologies, including LiDAR and
photogrammetry, as well as data fusion, data processing, machine
learning, and UI design. He has a degree in Computer Sciences and
Mathematics from University of Newcastle, New South Wales,
Australia.
Ian Buddery, Chairman, Cordel, said: "Adding Aaron's voice to
the Board will make a valuable contribution to the complex
decisions we need to make in our technology roadmap, competitive
positioning, and customer engagement."
The disclosures required by Schedule 2(g) of the AIM Rules for
Companies in respect of Aaron Hoye are set out in the Appendix to
this announcement.
Enquiries:
Cordel Group PLC c/o SEC Newgate
Ian Buddery, Chairman
Nick Smith, CEO
Arden Partners plc (Broker and Nominated
Adviser) +44 (0)20 7614 5900
Richard Johnson / Ruari McGirr
SEC Newgate (Financial PR) +44 (0)7540 106366
Robin Tozer / Bob Huxford / George Esmond cordel@secnegwate.co.uk
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
Appendix
Full Name: Aaron Joseph Hoye
Age: 40
Current directorships/partnerships Previous directorships/partnerships
Mokoki PTY LTD Cordel PTY LTD
Aaron Hoye family Investments Airsight IP PTY LTD
PTY LTD
Corridor Holdings PTY Ltd
As at today's date, Aaron Hoye holds 25,593,750 Ordinary Shares
and 490,000 options over Ordinary Shares in the Company.
No further information is required to be disclosed under AIM
Rule 17 or Schedule 2(g) of the AIM Rules for Companies.
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END
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