Appointment of Director
6th Jan 2026 07:00
6 January 2026
Cordel Group PLC
("Cordel" or the "Company" or the "Group")
Appointment of Director
Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for transport corridor analytics, is pleased to announce the appointment of Mr Jeffrey Songer to the Board as a Non-executive Director, with immediate effect.
Mr Songer is an established senior USA rail industry executive with over 30 years of experience in operations, engineering and finance. Most recently, he led the merger and integration activities for the Kansas City Southern Railway, acquired by the Canadian Pacific Railway for $31 billion in April 2023.
Ian Buddery, Chairman, Cordel, said: "We are delighted to welcome Jeff to the main board, after serving on our advisory board since 2024. His extensive USA rail experience will add significant value to our operational and strategic planning. His wide expertise includes the implementation and operation of Positive Train Control systems and the procurement processes of major US railroads. He will help us to further raise our profile and connect to leaders in the global rail industry."
The disclosures required by Schedule 2(g) of the AIM Rules for Companies in respect of Jeffrey Songer are set out in the Appendix to this announcement.
Enquiries:
Cordel Group PLC | c/o Cavendish |
Ian Buddery, Chairman John Davis, Chief Executive Officer | |
Cavendish Capital Markets Limited, Broker |
+44 (0)20 7908 6000 |
Marc Milmo Sunila de Silva (Corporate Broking)
Strand Hanson Limited, Nominated Adviser Richard Johnson / James Bellman |
+44 (0)20 7409 3494
|
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
Appendix
Full Name: Jeffery Mark Songer
Age: 56
Current Directorships/Partnerships | Past Directorships/Partnerships within last 5 years |
Songer Rail Consulting, LLC | Panama Canal Railway |
The Greenbrier Companies, Inc. | Make-A-Wish Charitable Foundation Missouri and Kansas |
Transportation Technology Center, Inc. | |
Kansas City Southern Railway Co | |
Gateway Eastern Railway Co | |
PABTEX INC | |
Panarail Tourism Company |
Jeffrey Songer holds 300,000 Share Options in the Company, with an exercise price of £0.073 and vesting 11 April 2028.
No further information is required to be disclosed under AIM Rule 17 or Schedule 2(g) of the AIM Rules for Companies.