Last checked at 31 Mar 2014 16:31
FOR IMMEDIATE RELEASE 31 March 2014
SANDERSON GROUP PLC
Directors' dealings following exercise of options
Sanderson Group plc, the software and IT services business specialising in multi-channel retail and manufacturing markets in the UK and Ireland, announces that further to the announcement on 21 March 2014, Mr Adrian Frost has sold 20,000 ordinary shares ('Ordinary Shares') at a price of 65p.
The proceeds of the share sale have been used to partially fund the exercise costs of the previously announced share option exercise. Following the sale, Mr Adrian Frost is interested in 121,000 Ordinary Shares, representing 0.23% of the issued share capital of Sanderson Group plc.
The 20,000 Ordinary Shares have been acquired by Mrs Angela Winn, the wife of Mr Christopher Winn, Group Chairman. Following the transaction, Mr Christopher Winn is interested in 12,765,000 Ordinary Shares, representing 24.62% of the issued share capital of Sanderson Group plc.
Enquiries
Sanderson Group plc 0333 123 1400
Christopher Winn, Chairman
Adrian Frost, Finance Director
Charles Stanley Securities 020 7149 6000
Nominated Advisor
Mark Taylor
Winningtons Financial 0117 985 8989
Paul Vann