Grant and exercise of Options

RNS Number : 6917Y

Sanderson Group PLC

29 January 2014

 



FOR IMMEDIATE RELEASE                                                                                      29 January 2014

SANDERSON GROUP PLC

Grant and 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 30,000 ordinary shares ('New Ordinary Shares') have been issued as a result of the exercise of options under the Group's CSOP Scheme at a price of 27.5 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 31 January 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 51,787,297 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

Charles Stanley Securities                        020 7149 6000

Nominated Advisor 

Mark Taylor

Winningtons Financial                              0117 985 8989

Paul Vann                                           or 07768 807631

 

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