Exercise of Share Options

RNS Number : 0283F
Sanderson Group PLC
12 May 2017
 

FOR IMMEDIATE RELEASE                                                                              12 MAY 2017           

 

SANDERSON GROUP PLC

 

Exercise of options

Sanderson Group plc ('Sanderson' or 'the Group'), the software and IT services business specialising in digital retail technology and enterprise software for businesses operating in the manufacturing, wholesale distribution and logistics sectors, announces that an employee has exercised options over 18,000 ordinary shares. The options were issued under the Group's EMI scheme at an exercise price of 70.5 pence per share.  Application has been made for the 18,000 new ordinary shares to be admitted to trading on AIM and admission is expected to take place on 16 May 2017.

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 55,024,001 ordinary shares, with no ordinary shares held in treasury.  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

 

Ian Newcombe, Chief Executive

 

Adrian Frost, Finance Director

 

 

 

Singer N+1 - Nominated Advisor and Broker

020 7496 3000

Mark Taylor

 

 

 

Walbrook PR
Paul Vann

0117 985 8989

or 07768 807631

 


This information is provided by RNS
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