Exercise of Options

RNS Number : 6567L

Sanderson Group PLC

07 July 2014

 



FOR IMMEDIATE RELEASE                                                                                             7 JULY 2014

SANDERSON GROUP PLC

Exercise of Options

Sanderson Group plc ('Sanderson' or 'the Group'), the software and IT services business specialising in multi-channel retail and manufacturing markets in the UK and Ireland, announces that an ex-employee has exercised options over 25,000 ordinary shares ('New Ordinary Shares') under the Group's unapproved option scheme at a price of 30 pence per ordinary share. Application has been made for the new shares to be admitted to AIM and admission is expected to take place on 9 July 2014.

The New Ordinary Shares issued pursuant to the exercise of options will rank pari passu with the existing Sanderson ordinary shares.  Following allotment of the New Ordinary Shares, Sanderson will have in issue 54,063,808 ordinary shares.  This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of Sanderson, under the Disclosure and Transparency Rules.

Enquiries

Sanderson Group plc                                 0333 123 1400

Christopher Winn, Chairman

Adrian Frost, Finance Director

Ian Newcombe, Managing Director, Sanderson Multi-Channel Solutions Limited

Charles Stanley Securities                          020 7149 6000

Nominated Advisor 

Mark Taylor

Winningtons Financial                                0117 985 8989

Paul Vann                                               or 07768 807631

 

END

 

 

RDSUGUMUMUPCGQM