TIDMSDG

RNS Number : 8882Z

Sanderson Design Group PLC

26 May 2021

 
 For immediate release   26 May 2021

SANDERSON DESIGN GROUP PLC

("Sanderson Design Group", the "Company" or the "Group")

Directorate Change

Sanderson Design Group PLC (AIM: SDG), the luxury interior design and furnishings group, announces that Vijay Thakrar, who was appointed as a Non-Executive Director in November 2018, has given notice that, due to increasing commitments with other businesses, he wishes to step down from the Board when his current term of three years expires on 27 November 2021.

The Company has initiated a recruitment process to appoint a new Non-Executive Director and chair of the Audit Committee. During the coming months, Vijay Thakrar will continue to chair the Audit Committee and, dependent on the timing of his successor's appointment, will support the Company in the handover of the role.

Dianne Thompson, Sanderson Design Group's Chairman, said: "On behalf of the Board, I would like to thank Vijay for his valuable contribution to the development of the Company and for his excellent work as chair of the Audit Committee. We look forward to benefiting from Vijay's insight and counsel during the coming six months and we also wish him well in his future endeavours."

For further information:

 
 
   Sanderson Design Group PLC                c/o Buchanan +44 (0) 20 
                                                           7466 5000 
 Lisa Montague, Chief Executive Officer 
 Michael Williamson, Chief Financial 
  Officer 
 Caroline Geary, Company Secretary 
 
 Investec Bank plc (Nominated Adviser 
  and Broker)                                   +44 (0) 20 7597 5970 
 David Anderson / Alex Wright / Henry 
  Reast 
 
 Buchanan                                       +44 (0) 20 7466 5000 
 Mark Court / Sophie Wills / Toto 
  Berger / Charlotte Slater

SDG@buchanan.uk.com

Notes for editors:

About Sanderson Design Group

Sanderson Design Group PLC is a luxury interior furnishings company that designs, manufactures and markets wallpapers, fabrics and paints. In addition, the Company derives licensing income from the use of its designs on a wide range of products such as bed and bath collections, rugs, blinds and tableware.

Sanderson Design Group's brands include Zoffany, Sanderson, Morris & Co., Harlequin, Scion, Anthology, Clarke & Clarke and Studio G.

The Company has a strong UK manufacturing base comprising Anstey wallpaper factory in Loughborough and Standfast & Barracks a fabric printing factory, in Lancaster. Both sites manufacture for the Company and for other wallpaper and fabric brands.

Sanderson Design Group employs approximately 600 people and its products are sold in more than 85 countries worldwide. It has showrooms in London, New York, Chicago, Paris, Amsterdam and Dubai.

Sanderson Design Group trades on the AIM market of the London Stock Exchange under the ticker symbol SDG.

For further information please visit: www.sandersondesigngroup.com

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May 26, 2021 05:20 ET (09:20 GMT)

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