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Sanderson Design Grp (SDG)

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Tuesday 27 July, 2021

Sanderson Design Grp

Director Shareholding

RNS Number : 6199G
Sanderson Design Group PLC
27 July 2021
 

For immediate release

27 July 2021

 

 

SANDERSON DESIGN GROUP PLC

("Sanderson Design Group", the "Company" or the "Group")

 

Director Shareholding

 

Sanderson Design Group PLC (AIM: SDG), the luxury interior design and furnishings group, announces that, following completion of the appropriate vesting criteria, 49,780 ordinary shares of 1p each in the Company ("Ordinary Shares") have been awarded to Lisa Montague, the Company's Chief Executive Officer, in respect of her annual performance bonus for the year ended 31 January 2020. These Ordinary Shares have been transferred from the Company's Employee Benefit Trust ("EBT").

The Remuneration Committee determined in 2020 that any bonus payable in respect of the year ended 31 January 2020 was to be awarded in Ordinary Shares rather than cash owing to the impacts of the Covid-19 pandemic. Further details of this annual bonus are set out in the Company's Annual Report and Accounts for the year ended 31 January 2020.

Following this award, Lisa Montague has an interest in 108,097 Ordinary Shares in the Company, representing 0.15% of the Company's total issued share capital.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Lisa Montague

2.

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Sanderson Design Group PLC

b)

LEI

213800A8K2WOUZJIQL93

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 1 pence each

GB0003061511

b)

Nature of the transaction

Transfer of Ordinary Shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

n/a

49780

 

 

 

d)

Aggregated information

n/a

e)

Date of the transaction

27 July 2021

f)

Place of the transaction

n/a

 

 

For further information:

 

Sanderson Design Group PLC

 

c/o Buchanan +44 (0) 20 7466 5000

Lisa Montague, Chief Executive Officer

 

Michael Williamson, Chief Financial Officer

 

Caroline Geary, Company Secretary

 

 

 

Investec Bank plc (Nominated Adviser and Broker)

+44 (0) 20 7597 5970

David Anderson / Alex Wright / Ben Farrow

 

 

 

Buchanan

+44 (0) 20 7466 5000

Mark Court / Sophie Wills / Toto Berger

 

[email protected]

 

 

Notes for editors:

 

About Sanderson Design Group

Sanderson Design Group PLC is a luxury interior furnishings company that designs, manufactures and markets wallpapers, fabrics and paints. In addition, the Company derives licensing income from the use of its designs on a wide range of products such as bed and bath collections, rugs, blinds and tableware.

Sanderson Design Group's brands include Zoffany, Sanderson, Morris & Co., Harlequin, Scion, Anthology and Clarke & Clarke.

The Company has a strong UK manufacturing base comprising Anstey wallpaper factory in Loughborough and Standfast & Barracks a fabric printing factory, in Lancaster. Both sites manufacture for the Company and for other wallpaper and fabric brands.

Sanderson Design Group employs approximately 600 people and its products are sold worldwide. It has showrooms in London, New York, Chicago, Paris, Amsterdam and Dubai.

Sanderson Design Group trades on the AIM market of the London Stock Exchange under the ticker symbol SDG.

For further information please visit: www.sandersondesigngroup.com

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