4 Sep 2019 07:00
04 September 2019
SANDERSON GROUP PLC
EXERCISE OF SHARE OPTONS, PDMIR SHAREHOLDER & TOTAL VOTING RIGHTS
Sanderson Group plc ("Sanderson") , the specialist provider of digital technology solutions, innovative software and managed services for the retail, wholesale, supply chain logistics, food and drink processing and manufacturing market sectors, announces that, on 30 August 2019, it issued and allotted a total of 3,877,750 ordinary shares of 10 pence each in the capital of the Company following an exercise of options by certain directors and employees of the Company.
Application has been made to the London Stock Exchange for admission of the 3,877,750 ordinary shares to trading on AIM ("Admission") and it is expected that Admission will take place and that trading will commence on AIM on 5 September 2019.
Following Admission, the Company will have 64,350,234 ordinary Shares in issue with each share carrying the right to one vote. The Company has no ordinary shares held in treasury. The total number of voting rights in the Company following Admission will therefore be 64,350,234.
The details of the exercise of Options by certain Directors are set out below:
Director | Initial Number of Ordinary Shares | Share Options Exercised | Resultant Ordinary Shares | Resultant Holding (%) |
Ian Newcombe | 178,750 | 2,191,750 | 2,370,500 | 3.7% |
Richard Mogg | 0 | 500,000 | 500,000 | 0.8% |
Enquiries:
Sanderson Group plc
Christopher Winn, Chairman
Ian Newcombe, Chief Executive
Richard Mogg, Finance Director
Tel: +44 (0) 333 123 1400
N+1 Singer (Financial Adviser, Nominated Adviser and Corporate Broker to Sanderson)
Mark Taylor
Iqra Amin
Tel: +44 (0) 207 496 3000
Director Shareholding
1 | Details of PDMR/Person Closely Associated with them ('PCA') | ||||||||||||||||||||||
(a) | Name | Ian Newcombe | |||||||||||||||||||||
(b) | Position / status | Chief Executive Officer | |||||||||||||||||||||
(c) | Initial notification / amendment | Initial notification | |||||||||||||||||||||
2 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||||||||||||||||||||
(a) | Description of the financial instrument | Ordinary shares of 10p each | |||||||||||||||||||||
| Legal Entity Identifier | 213800I78F2ZHZH2T148 | |||||||||||||||||||||
(b) | Nature of the transaction | Exercise of Share Options | |||||||||||||||||||||
(c) | Price(s) andvolume(s) |
| |||||||||||||||||||||
(d) | Aggregated information Aggregated volume Price | N/A - Single transaction
| |||||||||||||||||||||
(e) | Date of the transaction | 30 August 2019
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(f) | Place of the transaction | Outside of a trading venue | |||||||||||||||||||||
Director Shareholding
1 | Details of PDMR/Person Closely Associated with them ('PCA') | |||||||
(a) | Name | Richard Mogg | ||||||
(b) | Position / status | Group Finance Director | ||||||
(c) | Initial notification / amendment | Initial notification | ||||||
2 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
(a) | Description of the financial instrument | Ordinary shares of 10p each | ||||||
| Legal Entity Identifier | 213800I78F2ZHZH2T148 | ||||||
(b) | Nature of the transaction | Exercise of Share Options | ||||||
(c) | Price(s) andvolume(s) |
| ||||||
(d) | Aggregated information Aggregated volume Price | N/A - Single transaction
| ||||||
(e) | Date of the transaction | 30 August 2019
| ||||||
(f) | Place of the transaction | Outside of a trading venue | ||||||
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