Purchase of Shares by Employee Benefit Trust

RNS Number : 8418K

Sanderson Design Group PLC

06 January 2021

 

For immediate release

6 January 2021

SANDERSON DESIGN GROUP PLC

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

Purchase of Shares by Employee Benefit Trust

Sanderson Design Group PLC (AIM: SDG), the luxury interior design and furnishings group, announces that the Trustee of the Employee Benefit Trust has completed the on-market purchase of 50,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at an average price of 88 pence per share.

These Ordinary Shares are intended to satisfy the annual bonus for the year ended 31 January 2020 of the Company's Chief Executive Officer, Lisa Montague, and will be held by the Trustee of the Employee Benefit Trust until their vesting date, which will coincide with the announcement of the Company's results for the year ending 31 January 2021.

Further details of this bonus award are available in the Company's Annual Report and Accounts for the year ended 31 January 2020, which is available at the Company's website, www.sandersondesigngroup.com .

For further information:

Sanderson Design Group PLC	c/o Buchanan [phone]
Lisa Montague, Chief Executive Officer
Michael Williamson, Chief Financial Officer
Caroline Geary, Company Secretary
Investec Bank plc (Nominated Adviser and Broker)	[phone]
David Anderson / Alex Wright / Henry Reast
Buchanan	[phone]
Mark Court / Sophie Wills / Toto Berger / Charlotte Slater

[e-mail]

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, Clarke & Clarke and Studio G.

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 in more than 85 countries 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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