SND.L Regulatory News (SND)

4 Feb 2008 13:00

Sanderson Group PLC04 February 2008 Additional listing Sanderson Group PLC ("Sanderson" or the "Company") announces that on 31 January2008 the Board allotted 1,000,000 new ordinary shares (the "New OrdinaryShares") in the capital of the Company as vendor consideration to the formershareholders of Sanderson Retail Systems Limited ("Sanderson Retail Systems"),and also paid the former shareholders £500,000 in cash. The allotment of the NewOrdinary Shares and the cash payment are in settlement of additionalconsideration payable in respect of Sanderson Retail Systems, which was acquiredby Sanderson in February 2006 and which has achieved the trading targetsrequired for payment of the full amount of additional consideration. Application has been made to the London Stock Exchange for the New OrdinaryShares to be admitted to AIM. Admission is expected to become effective on oraround 8 February 2008. The New Ordinary Shares will rank pari passu with the existing Sandersonordinary shares. Following allotment of the New Ordinary Shares, Sanderson hasin issue 43,281,744 ordinary shares. This figure may be used by shareholders asthe denominator for the calculations by which they will determine if they arerequired to notify their interest in, or a change to their interest in, theshare capital of Sanderson under the Disclosure and Transparency Rules. Enquiries: Adrian FrostGroup Finance DirectorSanderson Group PLCTel: 02476 555466 Colin SmithArden Partners plcTel: 0121 423 8940 This information is provided by RNS The company news service from the London Stock Exchange