Sondrel (Holdings) plc Board Change (2275M)
13 Septiembre 2023 - 1:00AM
UK Regulatory
TIDMSND
RNS Number : 2275M
Sondrel (Holdings) plc
13 September 2023
13 September 2023
Sondrel (Holdings) plc
("Sondrel", the "Company" and together with its subsidiaries the
"Group")
Board Change
Sondrel (AIM: SND), the fabless semiconductor business providing
turnkey services in the design and delivery of 'application
specific integrated circuits' ("ASICs") and 'system on chips'
("SoCs") for leading global technology brands, announces that, by
mutual agreement, Joe Lopez will be standing down as Chief
Financial Officer with immediate effect and will step down as a
director of the Company prior to 30 September 2023. Nick Stone will
become non-board Interim Chief Financial Officer of the Group with
effect from 14 September 2023.
Nick Stone is a highly experienced CFO with a strong track
record, built over 25 years, successfully leading a variety of
finance roles with particular capital markets expertise. Most
recently Nick was CFO of Braemar plc from 2019 to 2023. His other
previous roles include CFO of The Appointment Group Ltd, Interim
CFO of Crown Agents Ltd, and CFO roles at Hornby plc and KBC
Advanced Technologies plc.
An executive search process for a permanent CFO has also been
initiated with immediate effect.
The Board would like to thank Joe for the contribution he has
made to the Group over the last four years and wishes him well for
the future. A further announcement will be made on his resignation
as a director of the Company.
Change of Name of Nominated Adviser and Broker
The Company also announces that its Nominated Adviser and Broker
has changed its name to Cavendish Securities plc following
completion of its own corporate merger.
Sondrel (Holdings) plc Via Buchanan
Graham Curren, CEO Tel: +44 (0) 20 7466
5000
Cavendish Securities plc 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 sondrel@buchanan.uk.com
Stephanie Whitmore
Jack Devoy
Abby Gilchrist
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 .
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END
BOALTMRTMTIBBPJ
(END) Dow Jones Newswires
September 13, 2023 02:00 ET (06:00 GMT)
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