REG - Sondrel (Holdings) - Notice of AGM

Sondrel (Holdings)Announcement

29/05/2024 18:15

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RNS Number : 3504Q  Sondrel (Holdings) plc  29 May 2024

29 May 2024

Sondrel (Holdings) plc

("Sondrel", the "Company" and together with its subsidiaries the "Group")

 

Notice of AGM

 

Sondrel (AIM: SND), a leading provider of ultra-complex chips for leading
global technology brands, announces that the Company's 2024 Annual General
Meeting will be held at 10.30a.m. on 27 June 2024 at Sondrel House, Theale
Lakes Business Park, Moulden Way, Sulhamstead, Reading RG7 4GB.

 

The notice convening the AGM ('AGM Notice'), including the resolutions to be
put to shareholders, has been sent via post and the document is now available
to view on the Company's website at https://ir.sondrel.com/investors
(https://ir.sondrel.com/investors) .

 

Shareholders are encouraged to vote on the resolutions to be put to the AGM by
proxy whether or not they intend to attend.  Voting at the AGM will be
conducted on a poll in accordance with best practice.

 

Shareholders will note that the usual resolution to receive the Company's
annual report and accounts for the year ended 31 December 2023 ("FY2023
Accounts") is not being proposed at the AGM. This is due to the timing of
various regulatory approvals being sought in connection with the Company's
Transformation Plan. A separate general meeting will be convened as soon as
possible to consider the FY2023 Accounts, as well as the resolutions relating
to the reappointment and remuneration of the auditor. Shareholders will be
notified of the general meeting in due course.

 

 

For further information:

 

 Sondrel (Holdings) plc                                        Via Buchanan
 David Mitchard, Interim 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 / Stephanie Whitmore / Abby Gilchrist              sondrel@buchanan.uk.com (mailto:sondrel@buchanan.uk.com)

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
(http://www.ir.sondrel.com/) .

 

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