AIM Admission

Sanderson Group PLC 17 December 2004 SANDERSON GROUP PLC Sanderson Group plc ('Sanderson' or the 'Company'), whose principal business is the provision of software and IT services to commercial markets in the UK and Ireland, is pleased to announce that at the close of business on 16 December 2004, being the first day of dealings in its shares on the Alternative Investment Market, the shares closed at 54.25p, compared with the issue price of 50p. At the issue price, the Company has raised new money of £6.0 million (before expenses). On Admission, the market capitalisation at the issue price was approximately £20.2 million. Arden Partners Limited is acting as nominated adviser and broker to the Company. Key Statistics Number of Sale Shares placed on behalf of Selling Shareholders 16,000,000 Number of New Ordinary Shares placed on behalf of the Company 11,721,000 Total number of Ordinary Shares placed 27,721,000 Issue price 50p Number of Ordinary Shares in issue immediately following Admission 40,438,482 Percentage of the Enlarged Share Capital placed 68.6% Market capitalisation at the Issue Price £20.2 million Gross proceeds of the Placing and Employee Offer receivable by the Company £6.0 million Estimated proceeds, after expenses, of the Placing and Employee Offer receivable by the Company £5.1 million Further information: Christopher Winn, Executive Chairman - 02476 284325 David O'Byrne, Managing Director - 01709 787787 Andrew Raca, Corporate Finance Director - 0121 423 8944 Arden Partners End December 17th, 2004 This information is provided by RNS The company news service from the London Stock Exchange
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