Exercise of Options

RNS Number : 9230E

Sanderson Group PLC

16 April 2014

 



FOR IMMEDIATE RELEASE                                                                                       16 April 2014

SANDERSON GROUP PLC

Exercise of Options

Sanderson Group plc, the software and IT services business which specialises in multi-channel retail and manufacturing markets in the UK and Ireland, announces that 119,587 ordinary shares ('New Ordinary Shares') have been issued as a result of the exercise of options under the Company's Long Term Incentive Plan. Application has been made for the new shares to be admitted to AIM and admission is expected to take place on 23 April 2013.

The New Ordinary Shares will rank pari passu with the existing Sanderson ordinary shares. Following allotment of the New Ordinary Shares, Sanderson Group plc will have in issue 51,966,884 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 Group plc under the Disclosure and Transparency Rules.

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                                                                                                  or 07768 807631

 

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