REG - Sosandar PLC - Capital Reduction - Court Approval

SosandarAnnouncement

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RNS Number : 3526D  Sosandar PLC  14 October 2025

 

 14 October 2025

 

Sosandar plc

("Sosandar" or the "Company")

 

Capital Reduction - Court approval

 

Sosandar plc (AIM: SOS), the women's fashion brand, creating quality,
trend-led products for women of all ages, announces that the Court has today
approved the Company's application to cancel the amount standing to the credit
of its share premium account ("Capital Reduction"), as also approved by
Shareholders on 18 September 2025 and further details of which were set out
in the Company's circular sent to Shareholders on 2 September 2025
("Circular").

The Court order confirming the Capital Reduction and a statement of capital
approved by the Court in connection therewith will be sent to the Registrar of
Companies shortly. The Capital Reduction will become effective upon the
registration of the Court order and associated statement of capital by the
Registrar of Companies.

Completion of the Capital Reduction will not affect the rights attaching to
the Ordinary Shares and will not result in any change to the number of
Ordinary Shares in issue (or their nominal value).

Capitalised terms used in this announcement have the meaning given in the
Circular unless the context requires otherwise or as otherwise defined herein.
A copy of the Circular is available to view on the Company's website.

Enquiries

 

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

 Singer Capital Markets (Nominated Adviser & Joint Broker)      +44 (0) 20 7496 3000

 Peter Steel / Tom Salvesen / Sara Hale / Patrick Weaver

 Dowgate Capital (Joint Broker)                                 +44 (0) 20 3903 7715
 David Poutney / Amber Higgs / Daniel Ingram

 Alma Strategic Communications                                  +44 (0) 20 3405 0205
 Sam Modlin / Rebecca Sanders-Hewett / Kinvara Verdon           sosandar@almastrategic.com (mailto:sosandar@almastrategic.com)

 

 

About Sosandar PLC

 

Sosandar is a women's fashion brand in the UK targeting style conscious women
who have graduated from lower quality, 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 and tested 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 its own stores, and has a number of high value
brand partnerships including with NEXT and Marks & Spencer.

Sosandar's success has been built on an exceptional product range, seamless
customer experience and impactful, lifestyle marketing, all of which is
underpinned by combining innovation with data analysis. Our growth strategy is
focused on continuing to grow brand awareness and expand our addressable
market and routes to market, reaching customers wherever they wish to shop.
This is achieved both through direct to consumer channels and through chosen
third-party partners.

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/)

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