Sanderson Design Group PLC Block Listing Application (7548F)

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RNS Number : 7548F

Sanderson Design Group PLC

09 November 2022

 
 For immediate release   9 November 2022 
 

SANDERSON DESIGN GROUP PLC

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

Block Listing Application

Sanderson Design Group PLC (AIM: SDG), the luxury interior design and furnishings group, announces that application has been made to the London Stock Exchange for a block listing of securities in respect of 1,000,000 new ordinary shares of 1p each ("New Ordinary Shares") to be admitted to trading on AIM.

The New Ordinary Shares will be issued from time to time pursuant to the exercise of employee share options under the Company's Long-Term Incentive Plan.

On exercise, these New Ordinary Shares will be issued credited as fully paid and will rank pari passu with the existing ordinary shares in issue. It is expected that the block listing will become effective on 23 November 2022.

For further information:

 
 Sanderson Design Group PLC                 c/o Buchanan +44 (0) 
                                                    20 7466 5000 
 Lisa Montague, Chief Executive Officer 
 Mike Woodcock, Chief Financial Officer 
 Caroline Geary, Company Secretary 
 
 Investec Bank plc (Nominated Adviser 
  and Joint Broker)                         [phone] 
 David Anderson / Alex Wright / Ben 
  Farrow 
 
 Singer Capital Markets (Joint Broker)      [phone] 
 Tom Salvesen / Jen Boorer / Alex Emslie 
 
 Buchanan                                   [phone] 
 Mark Court / Toto Berger / Abigail 
  Gilchrist 
 [e-mail] 
 

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, Clarke & Clarke and Archive by Sanderson Design.

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 worldwide. It has showrooms in London, New York, Chicago, 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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November 09, 2022 02:00 ET (07:00 GMT)