Directors' Dealings: Exercise of Share Options

RNS Number : 6420D

Sanderson Group PLC

31 March 2014

 



FOR IMMEDIATE RELEASE                                                                                   31 March 2014

SANDERSON GROUP PLC

Directors' dealings following exercise of options

Sanderson Group plc, the software and IT services business specialising in multi-channel retail and manufacturing markets in the UK and Ireland, announces that further to the announcement on 21 March 2014, Mr Adrian Frost has sold 20,000 ordinary shares ('Ordinary Shares') at a price of 65p.

The proceeds of the share sale have been used to partially fund the exercise costs of the previously announced share option exercise. Following the sale, Mr Adrian Frost is interested in 121,000 Ordinary Shares, representing 0.23% of the issued share capital of Sanderson Group plc.

The 20,000 Ordinary Shares have been acquired by Mrs Angela Winn, the wife of Mr Christopher Winn, Group Chairman. Following the transaction, Mr Christopher Winn is interested in 12,765,000 Ordinary Shares, representing 24.62% of the issued share capital of Sanderson Group plc.

Enquiries

Sanderson Group plc                                                                                     0333 123 1400

Christopher Winn, Chairman

Adrian Frost, Finance Director

Charles Stanley Securities                                                                              020 7149 6000

Nominated Advisor 

Mark Taylor

Winningtons Financial                                                                                    0117 985 8989

Paul Vann

 

END

 

 

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