REG - Sosandar PLC - Close of Retail Offer

SosandarAnnouncement

17/02/2023 07:00

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RNS Number : 2197Q  Sosandar PLC  17 February 2023

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17 February 2023

Sosandar plc

("Sosandar" or the "Company")

Close of Retail Offer

Further to the announcement on 08 February 2023, 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 that it has
successfully closed the Retail Offer via the Bookbuild platform, which was
significantly oversubscribed.

A further announcement will be made in due course confirming details of the
result of the Retail Offer.

Save as otherwise defined, capitalised terms used in this announcement have
the meanings given to them in the announcement released by the Company at
7.00a.m. 08 February 2023.

 

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                                   +44 (0) 20 7496 3000

 Peter Steel / Alaina Wong / Alex Emslie / Tom Salvesen

 Alma PR Limited (Financial PR)                           +44 (0) 20 3405 0205
 Sam Modlin / Matthew Young                               sosandar@almapr.co.uk (mailto:sosandar@almapr.co.uk)

 

 

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 brand partnerships in place with Next, John
Lewis, Marks & Spencer, The Very Group, JD Williams and J Sainsbury.

Sosandar's strategy is to continue growing brand awareness and expand its
customer database, whilst also further driving its high levels of customer
retention. This is achieved through its exceptional products, seamless
customer experience and impactful, lifestyle marketing activities 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)

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