Exercise of Options

RNS Number : 8246O

Sanderson Group PLC

16 October 2012

 



SANDERSON GROUP PLC

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 150,000 ordinary shares ('New Ordinary Shares') have been issued to a former employee as a result of the exercise of options under the Company's Unapproved Share Option Scheme at an exercise price of 9.5 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 22 October 2012.

The New Ordinary Shares will rank pari passu with the existing Sanderson ordinary shares. Following allotment of the New Ordinary Shares, Sanderson will have in issue 43,675,946 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

 

END

 

 

MSCGGGACUUPPGWQ