Exercise of Options

RNS Number : 1616A

Sanderson Group PLC

18 December 2014

 



FOR IMMEDIATE RELEASE                                                                    

18 DECEMBER 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 a number of employees have exercised options over 34,670 ordinary shares ('New Ordinary Shares') under the Group's EMI scheme at a price of 10 pence per ordinary share. Application has been made for the New Ordinary Shares to be admitted to AIM and admission is expected to take place on 23 December 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 54,368,478 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.

Sanderson Group plc                                 0333 123 1400

Christopher Winn, Chairman

Adrian Frost, Finance Director

Ian Newcombe, 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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