REG - Sanderson Design Grp - Vesting of Awards under LTIP & Total Voting Rights

Sanderson DesignAnnouncement

03/06/2025 13:30

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RNS Number : 2562L  Sanderson Design Group PLC  03 June 2025

For immediate
release
    3 June 2025

SANDERSON DESIGN GROUP PLC

("Sanderson Design Group", the "Company" or the "Group")

 

Vesting of Awards under LTIP, Director/PDMR

Shareholdings and Total Voting Rights

 

Sanderson Design Group PLC (AIM: SDG), the luxury interior design and
furnishings group, announces that Lisa Montague, Chief Executive Officer, Mike
Woodcock, Chief Financial Officer, certain other persons discharging
managerial responsibilities ("PDMRs") and employees have received ordinary
shares of 1p each in the Company ("Ordinary Shares") under the terms of the
Company's Long-Term Incentive Plan ("LTIP") (the "Vesting").

 

The awards vested on 30 May 2025 for nil consideration pursuant to a
conditional award made on 30 May 2022. The number of Ordinary Shares which
vested is stated after the deduction of the relevant taxation and National
Insurance charges.

 

Following the Vesting, Lisa Montague's and Mike Woodcock's holdings of
Ordinary Shares are set out in the table below:

 

 Executive Director  No. of Ordinary Shares subject to  Resultant Interest in Ordinary Shares  % of Total Voting Rights

                     vesting
 Lisa Montague        13,289                             517,977                                0.72%
 Mike Woodcock        9,654                              9,654                                  0.01%

 

The Company has allotted 61,463 Ordinary Shares, in aggregate, in order to
satisfy the Vesting (the "New Ordinary Shares"). The New Ordinary Shares have
been admitted to trading on AIM pursuant to the Company's existing block
listing admission facility.

 

Total Voting Rights

 

Following the Vesting and allotment of the New Ordinary Shares, the Company
hereby notifies that, as at the date of this announcement, the Company's
issued share capital consists of 72,056,316 Ordinary Shares, with one voting
right per Ordinary Share. The Company does not hold any Ordinary Shares in
Treasury, therefore, the total number of Ordinary Shares in the Company with
voting rights is 72,056,316.

 

The above figure of 72,056,316 Ordinary Shares may be used by shareholders in
the Company 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 the Company under the Financial
Conduct Authority's Disclosure Guidance and Transparency Rules.

 

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         1. Lisa Montague

                                                                  2. Mike Woodcock

                                                                  3. Mauricio Solodujin

                                                                  4. Claire Vallis

                                                                  5. Charlotte Archer

 2.  Reason for the notification
 a)  Position/status                                              1. Chief Executive Officer

                                                                  2. Chief Financial Officer

                                                                  3. Global Commercial Director

                                                                  4. Design Director

                                                                  5. Group Marketing Director

 b)  Initial notification/Amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Sanderson Design Group PLC
 b)  LEI                                                          213800A8K2WOUZJIQL93
 4.  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, type of instrument  Ordinary Shares of 1 pence each

     Identification code

                                                                  GB0003061511
 b)  Nature of the transaction                                    Receipt of Ordinary Shares pursuant to a

                                                                  conditional award under the Company's LTIP
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  1. Nil    13,289
                                                                  2. Nil     9,654
                                                                  3. Nil     2,092
                                                                  4. Nil     2,091
                                                                  5. Nil     355
 d)  Aggregated information                                       Not applicable
 e)  Date of the transaction                                      30 May 2025
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

Not applicable

e)

Date of the transaction

30 May 2025

f)

Place of the transaction

Outside a trading venue

 

 

For further information:

 Sanderson Design Group PLC                                   c/o Burson Buchanan +44 (0) 20 7466 5000
 Lisa Montague, Chief Executive Officer
 Mike Woodcock, Chief Financial Officer
 David Gracie, Company Secretary

 Investec Bank plc (Nominated Adviser and Joint Broker)       +44 (0) 20 7597 5970
 David Anderson / Ben Farrow / Charlotte Young

 Singer Capital Markets (Joint Broker)                        +44 (0) 20 7496 3000
 Tom Salvesen / Jen Boorer / James Todd

 Burson Buchanan                                              +44 (0) 20 7466 5000
 Mark Court / Sophie Wills / Toto Berger / Abigail Gilchrist
 SDG@buchanan.uk.com (mailto:SDG@buchanan.uk.com)

 

Notes for editors:

About Sanderson Design Group

Sanderson Design Group PLC is a luxury interior furnishings company that
designs, manufactures and markets wallpapers, fabrics and paints. In addition,
the Company derives licensing income from the use of its designs on a wide
range of products such as bed and bath collections, rugs, blinds and
tableware.

Sanderson Design Group's brands include Zoffany, Sanderson, Morris & Co.,
Harlequin, Clarke & Clarke and Scion.

The Company has a strong UK manufacturing base comprising Anstey wallpaper
factory in Loughborough and Standfast & Barracks, a fabric printing
factory, in Lancaster. Both sites manufacture for the Company and for other
wallpaper and fabric brands.

Sanderson Design Group employs approximately 550 people and its products are
sold worldwide. It has showrooms in London, New York and Chicago.

Sanderson Design Group trades on the AIM market of the London Stock Exchange
under the ticker symbol SDG.

 

 

LEI: 213800A8K2WOUZJIQL93

For further information please visit: www.sandersondesign.group
(http://www.sandersondesign.group)

 

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