Sanderson Group PLC Exercise of Share Options (2705D)

TIDMSND

RNS Number : 2705D

Sanderson Group PLC

30 January 2018

FOR IMMEDIATE RELEASE 30 JANUARY 2018

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 employees have exercised options over 165,000 ordinary shares. These options were issued under the Group's EMI scheme at an exercise price of 57.5 pence per share. Application has been made for the new shares to be admitted to AIM and admission is expected to take place on 2 February 2018.

The new ordinary shares 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 59,226,321 ordinary shares of 10p each. 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Enquiries:

 
                                               0333 123 
 Sanderson Group plc                               1400 
 Christopher Winn, Chairman 
 Ian Newcombe, Chief Executive 
 Richard Mogg, Finance Director 
 
                                               020 7496 
 N+1 Singer (Nominated Adviser and Broker)         3000 
 Mark Taylor 
  James White 
 
 Walbrook PR Limited                           0117 985 
  Paul Vann                                        8989 
                                               or 07768 
                                                 807631

This information is provided by RNS

The company news service from the London Stock Exchange

END

ALSLFFEFLRIAFIT

(END) Dow Jones Newswires

January 30, 2018 02:00 ET (07:00 GMT)

Sondrel (holdings) (LSE:SND)
Historical Stock Chart
From Oct 2024 to Nov 2024