Result of EGM and Share Placing Details

RNS Number : 4572R

Sanderson Group PLC

25 October 2013

 



25 OCTOBER 2013

SANDERSON GROUP PLC

RESULT OF GENERAL MEETING

Sanderson Group plc ("Sanderson" or "the Group"), the software and IT services business specialising in multi-channel retail and manufacturing markets in the United Kingdom and Ireland, is pleased to announce that at the Group's General Meeting, held earlier today, all resolutions were duly passed without amendment.

The resolutions that were passed were specifically to authorise the issue of the 6,363,636 Placing Shares being issued pursuant to the Placing announced on 8 October 2013, providing Sanderson with £3.5 million of financing.

Application has been made for the 6,363,636 Placing Shares to be admitted to trading on AIM and Admission will take place at 08.00 a.m. on 28 October 2013.  The Placing Shares will rank pari passu with the Existing Ordinary Shares of the Group.  Following Admission, the total issued share capital of the Group will be 51,479,218 Ordinary Shares.

Enquiries

Sanderson Group plc	0333 123 1400
Christopher Winn, Chairman
Adrian Frost, Finance Director
Charles Stanley Securities - Nominated Advisor and Broker	020 7149 6000
Mark Taylor/Carl Holmes
Winningtons Financial Paul Vann	0117 985 8989 or 07768 807631

 

END

 

 

REGPGGBPUUPWGWA