Cordel Group PlcLSE: CRDL

Completion of Nominated Adviser Due Diligence

· Issued by Cordel Group Plc

11 July 2022

Cordel Group PLC

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

Completion of Nominated Adviser Due Diligence

Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for transport corridor analytics, is pleased to announce that, further to the appointment of Strand Hanson Limited ("Strand Hanson") as its Nominated Adviser on 28 April 2022, Strand Hanson has confirmed that it has completed its due diligence.

Enquiries:

Cordel Group PLC

c/o SEC Newgate

Ian Buddery, Chairman

Nick Smith, CEO

Arden Partners plc Broker

+44 (0)20 7614 5900

Ruari McGirr

Strand Hanson Limited Nominated Advisor

Richard Johnson / James Bellman

+44 (0)20   7409 3494

SEC Newgate (Financial PR)

+44 (0)7540 106366

Robin Tozer / Bob Huxford / George Esmond

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