Sanderson Group PLC Exercise of Options (2307X)
February 17 2017 - 10:15AM
UK Regulatory
TIDMSND
RNS Number : 2307X
Sanderson Group PLC
17 February 2017
FOR IMMEDIATE RELEASE 17 FEBRUARY 2017
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 19,350
ordinary shares. The options were issued under the Group's EMI
scheme at an exercise price of 10 pence per share. Application has
been made for the new 19,350 ordinay shares to be admitted to
trading on AIM and admission is expected to take place on 20
February 2017.
The New Ordinary Shares issued 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 54,971,001 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.
0333 123
Sanderson Group plc 1400
Christopher Winn, Chairman
Ian Newcombe, Chief Executive
Adrian Frost, Finance Director
Singer N+1 - Nominated Advisor and 020 7496
Broker 3000
Mark Taylor
Walbrook PR 0117 985
Paul Vann 8989
or 07768
807631
This information is provided by RNS
The company news service from the London Stock Exchange
END
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