Sanderson Group PLC Exercise of Share Options (0283F)

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 
 

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May 12, 2017 09:00 ET (13:00 GMT)