TIDMSND

RNS Number : 3804U

Sanderson Group PLC

17 January 2017

FOR IMMEDIATE RELEASE 17 JANUARY 2017

SANDERSON GROUP PLC

Grant of Options

Sanderson Group plc ('Sanderson' or 'the Group'), the software and IT services business specialising in digital retail technology and enterprise software for businesses operating in the manufacturing, wholesale distribution and logistics sectors, announces that Mr Ian Newcombe, the Group Chief Executive has been granted the option to subscribe for 123,000 new ordinary shares in the Group at an exercise price of 72 pence per share, being the mid-market price at the close of business on Monday 16(th) January 2017. The options are exercisable between 16(th) January 2020 and 16(th) January 2024. Following the option grant, Mr Newcombe holds in aggregate options over 1,008,000 Sanderson ordinary shares as detailed below:

 
      No. of        Exercise       Earliest exercise         Expiry 
      options         price               date                date 
     300,000          23p             21.05.2013           21.05.2020 
     118,750          30p             29.06.2014           29.06.2018 
     200,000         45.75p           27.11.2015           27.11.2019 
      31,250          30p             29.06.2014           29.06.2018 
      35,000         27.5p            05.04.2014           05.01.2021 
     200,000          71p             13.12.2016           13.12.2023 
     123,000          72p             13.01.2020           13.01.2024

Enquiries:

 
                                                0333 123 
     Sanderson Group plc                            1400 
     Christopher Winn, Chairman 
     Ian Newcombe, Chief Executive 
     Adrian Frost, Finance Director 
 
     Singer N+1 - Nominated Advisor and         020 7496 
      Broker                                        3000 
     Mark Taylor 
 
     Walbrook PR                                0117 985 
      Paul Vann                                     8989 
                                                or 07768 
                                                  807631

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHUBSORBRAAAAR

(END) Dow Jones Newswires

January 17, 2017 09:00 ET (14:00 GMT)

Sondrel (holdings) (LSE:SND)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Sondrel (holdings) Charts.
Sondrel (holdings) (LSE:SND)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Sondrel (holdings) Charts.