Sanderson Group PLC Exercise of Share Options (0283F)
May 12 2017 - 8:00AM
UK Regulatory
TIDMSND
RNS Number : 0283F
Sanderson Group PLC
12 May 2017
FOR IMMEDIATE RELEASE 12 MAY 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 an employee has exercised options over 18,000
ordinary shares. The options were issued under the Group's EMI
scheme at an exercise price of 70.5 pence per share. Application
has been made for the 18,000 new ordinary shares to be admitted to
trading on AIM and admission is expected to take place on 16 May
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 55,024,001 ordinary shares, with no ordinary
shares held in treasury. 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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