Directors' Dealings following exercise of Options

RNS Number : 2270W

Sanderson Group PLC

23 December 2013

 



FOR IMMEDIATE RELEASE                                                                         23 December 2013           

SANDERSON GROUP PLC

Director Dealings following 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 further to the Group's announcement of 18 December 2013, two directors, Mr Adrian Frost and Mr Ian Newcombe, have on 20 December 2013 sold 65,579 and 40,000 ordinary shares ('Ordinary Shares') respectively at a price of 68 pence per Ordinary Share.

The proceeds of the share sale have been used to cover some of the exercise costs incurred and the tax liabilities arising from the previously announced share option exercise.  Following these sales, Mr Adrian Frost is interested in 111,000 Ordinary Shares, representing 0.21% of the issued share capital and Mr Ian Newcombe is interested in 72,500 Ordinary Shares, representing 0.14% of the issued share capital of Sanderson.

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

 

END

 

 

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