REG - Sosandar PLC - Capital Reduction - Effective

SosandarAnnouncement

16/10/2025 11:30

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RNS Number : 6907D  Sosandar PLC  16 October 2025

 

 16 October 2025

 

Sosandar plc

Capital Reduction - Effective

Sosandar plc (AIM: SOS), the women's fashion brand, creating quality,
trend-led products for women of all ages, announces that, following Court
approval of the Capital Reduction on 14 October 2025, the Capital Reduction is
now effective. This follows the order of the Court confirming the Capital
Reduction, and a statement of capital approved by the Court, having been
registered with the Registrar of Companies.

Details of the Capital Reduction were set out in the circular published by the
Company on 2 September 2025 ("Circular") and the Capital Reduction was
approved by Shareholders on 18 September 2025.

The Capital Reduction itself does not involve any distribution or repayment of
capital by the Company. Completion of the Capital Reduction does not affect
the rights attaching to the Ordinary Shares and does not change the total
number of Ordinary Share 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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