Last checked at 23 Dec 2013 11:18
FOR IMMEDIATE RELEASE 23 December 2013
SANDERSON GROUP PLC
Director Dealings following Exercise of Options
Sanderson Group plc ('Sanderson' or 'the Group'), the software and IT services business specialising in multi-channel retail and manufacturing markets in the UK and Ireland, announces that further to the Group's announcement of 18 December 2013, two directors, Mr Adrian Frost and Mr Ian Newcombe, have on 20 December 2013 sold 65,579 and 40,000 ordinary shares ('Ordinary Shares') respectively at a price of 68 pence per Ordinary Share.
The proceeds of the share sale have been used to cover some of the exercise costs incurred and the tax liabilities arising from the previously announced share option exercise. Following these sales, Mr Adrian Frost is interested in 111,000 Ordinary Shares, representing 0.21% of the issued share capital and Mr Ian Newcombe is interested in 72,500 Ordinary Shares, representing 0.14% of the issued share capital of Sanderson.
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 or 07768 807631