Cordel Group PLCLSE: CRDL

Cordel Group: Change of Adviser

· Issued by Cordel Group PLC

19 January 2023

Cordel Group PLC

("Cordel" or "the Company" or the "Group")

Change of Adviser

Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for transport corridor analytics, announces the appointment of Zeus Capital Limited as Broker, with immediate effect. This follows the completion of the acquisition of Arden Partners plc by Zeus Group Limited on 16 January 2023.

For further information please contact:

Cordel Group PLC

 c/o Zeus Capital Limited

Ian Buddery, Chairman

Nick Smith, CEO

Strand Hanson Limited (Nominated Adviser)

 +44 (0)20 7409 3494

Richard Johnson / James Bellman

Zeus Capital Limited (Broker)

+44 (0)20 3829 5000

Simon Johnson / Alexandra Campbell-Harris

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

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