Sondrel (Holdings) plc Board Change (7204Y)
January 05 2024 - 1:00AM
UK Regulatory
TIDMSND
RNS Number : 7204Y
Sondrel (Holdings) plc
05 January 2024
5 January 2024
Sondrel (Holdings) plc
("Sondrel", the "Company" and together with its subsidiaries the
"Group")
Board Change
Sondrel (Holdings) plc (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 Gordon Orr has resigned as Non-Executive Director of the
Company with effect from 5 January 2024.
The Company intends to appoint an additional independent
Non-Executive Director and a further announcement will be made, as
appropriate, in due course.
Gordon Orr commented:
"My decision to step down from the Board reflects my desire to
narrow my directorship commitments and I remain a committed
supporter of the Sondrel story. I have enjoyed interacting with the
Board and wider executive team since the Group's IPO. Sondrel has a
strong team in place and I am confident it will deliver on its
ambitions as demand for ASICs continues to increase and Sondrel's
leading engineering capability really sets it apart from others in
the industry."
Nigel Vaughan, Chairman of Sondrel, added:
"On behalf of the Board, I'd like to thank Gordon for the
valuable contribution he has made since the Group's flotation."
For further information:
Sondrel (Holdings) plc Via Buchanan
Graham Curren, CEO Tel: +44 (0) 20 7466
5000
Nick Stone, Interim CFO
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 sondrel@buchanan.uk.com
Stephanie Whitmore
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
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