Sanderson : 24 January 2016 - Exercise of Share Options

Exercise of Share Options - RNS - London Stock Exchange

Exercise of Share Options - RNS - London Stock Exchange

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RNS Number : 8408L Sanderson Group PLC 14 January 2016

Sanderson Group PLC - SND Released 07:00 14-Jan-2016

Exercise of Share Options

FOR IMMEDIATE RELEASE 14 JANUARY 2016 SANDERSON GROUP PLC 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 employees have exercised options over 81,435 ordinary shares ('New Ordinary Shares'). A total of 31,435 of the options were issued under the Group's EMI scheme at a price of 10 pence per ordinary share. The remaining 50,000 options were issued under the Group's Unapproved Scheme at a price of 23 pence per ordinary share. Application has been made for the new shares to be admitted to AIM and admission is expected to take place on 18 January 2016.

The New Ordinary Shares issued pursuant to the exercise of options will rank pari passu with the existing Sanderson ordinary shares. Following allotment of the New Ordinary Shares, Sanderson will have in issue 54,681,985 ordinary shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of Sanderson, under the Disclosure and Transparency Rules.

Sanderson Group plc Christopher Winn, Chairman Ian Newcombe, Chief Executive Officer Adrian Frost, Finance Director	0333 123 1400
Panmure Gordon (UK) Limited Nominated Advisor Mark Taylor / James Greenwood	020 7886 2500
Walbrook PR Paul Vann	0117 985 8989 or 07768 807631

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/SND/12658460.html[14/01/2016 08:03:07]