REG - Sosandar PLC - Board Changes

SosandarAnnouncement

15/12/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231215:nRSO8950Wa&default-theme=true

RNS Number : 8950W  Sosandar PLC  15 December 2023

 Date:             15 December 2023
 On behalf of:     Sosandar plc ("Sosandar" or "the Company")
 Embargoed until:  0700hrs

 

 

Sosandar plc

Board Changes

 

Sosandar PLC (AIM: SOS), one of the fastest growing fashion brands in the UK
creating quality, trend-led products for women of all ages, is pleased to
announce the appointment of Nick Mustoe as Non-Executive Chairman. Nick has
been Interim Non-Executive Chairman since 16 March 2023.

 

In addition, the Company announces that Jon Wragg, Independent Non-Executive
Director, has notified the Board of his intention to step down from the Board
in order to focus on other commitments, and, with the Company's agreement, has
done so with immediate effect.

 

 

Nick Mustoe, Non-Executive Chairman, commented:

 

"I am delighted to be appointed as permanent Chair of Sosandar. We are at a
very exciting moment in our growth journey as we take Sosandar's unique
product to more people across the globe through multiple channels.

 

On behalf of the Board, I would like to thank Jon for his contribution to the
Company since he joined the Board, he has provided sound counsel and advice
throughout. We wish Jon all the very best."

 

 

Enquiries

 Sosandar plc                                         www.sosandar.com (http://www.sosandar.com)
 Julie Lavington / Ali Hall, Joint CEOs               c/o Alma
 Steve Dilks, CFO

                                                       +44 (0) 20 7496 3000

 Singer Capital Markets

 Peter Steel / Tom Salvesen / Alaina Wong

 Alma (Financial PR)                                  +44 (0) 20 3405 0205
 Sam Modlin / Matthew Young / Rebecca Sanders-Hewett  sosandar@almastrategic.com

 

About Sosandar plc

 

Sosandar is one of the fastest growing women's fashion brands in the UK
targeting style conscious women who have graduated from price-led
alternatives. The Company offers this underserved audience fashion-forward,
affordable, quality clothing to make them feel sexy, feminine, and chic. The
business sells predominantly own-label exclusive product designed in-house.

 

Sosandar's product range is diverse, providing its customers with an array of
choice for all occasions across all women's fashion categories. The company
sells through Sosandar.com and has a number of brand partnerships including
with Next, Marks & Spencer and J Sainsbury.

 

Sosandar's strategy is to continue growing brand awareness and expand its
routes to market, reaching customers wherever they wish to shop.  This is
achieved both through direct to consumer channels and through third party
partners. Sosandar offers an exceptional product range, seamless customer
experience and impactful, lifestyle marketing, all of which is underpinned by
combining innovation with data analysis.

 

Sosandar was founded in 2016 and listed on AIM in 2017. More information is
available at www.sosandar-ir.com (http://www.sosandar-ir.com/)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOADZLFFXLLBFBZ