REG - Sosandar PLC - Result of General Meeting

SosandarAnnouncement

Today 11:30

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RNS Number : 9125Z  Sosandar PLC  18 September 2025

18 September 2025

Sosandar plc

("Sosandar" or the "Company")

Poll result of General Meeting in relation to the proposed Capital Reduction

Sosandar plc (AIM: SOS), one of the fastest growing fashion brands in the UK,
creating quality, trend-led products for women of all ages, announces that the
Resolution proposed at the General Meeting held at 10.30 am today, was duly
passed by way of a poll.  All valid proxy votes (whether submitted
electronically, via CREST or in hard copy form) were included in the poll
taken at the meeting.

Capitalised terms used in this announcement have the meaning given in the
circular published by the Company on 2 September 2025 in connection with the
Capital Reduction and is available to view on the Company's website, unless
the context requires otherwise or as otherwise defined herein.

The poll results for the Resolution are set out below.

                                                               Poll Results
     RESOLUTION                                                                                                                                         % of ISC voted

                                                                                            Votes       Percentage FOR   Votes     Percentage AGAINST                   Votes

                                                                                            FOR                          AGAINST                                        WITHHELD
 1   Special Resolution:                                                                    96,292,978  99.98            18,958    0.02                 38.80           46,404

     THAT, subject to the confirmation of the High Court of Justice in England and
     Wales, the amount standing to the credit of the share premium account of the
     Company be cancelled and credited to the reserves of the Company.
 Notes:

 1.     A vote "withheld" is not a vote in law and is not counted in the
 calculation of the proportion of the votes "for" and "against" a resolution.

 2.     The Company's total ordinary shares in issue (total voting rights)
 as at the date of the General Meeting is 248,226,513 ordinary shares of
 £0.001 each. There are no shares held in treasury. Every shareholder has one
 vote for every ordinary share held.

 3.     The issued share capital ("ISC") figure used to calculate the
 percentage voted is 248,226,513.

 

The timetable for the remaining principal events in connection with the
Capital Reduction are as follows:

 ·     Expected date of initial directions hearing of the Court:              26 September 2025

 ·     Expected date of Court Hearing to confirm the Capital Reduction:       14 October 2025

 ·     Registration of Court Order and expected effective date for the        16 October 2025
 Capital Reduction:

Each of the times and dates set out in the above timetable is subject to
change by the Company, in which event details of the new times and dates will
be notified by an announcement through a Regulatory Information Service (as
defined in the AIM Rules). In particular, the expected date for the Court
Hearing and the Capital Reduction becoming effective are based on provisional
dates that have been obtained for the required Court hearings of the Company's
application. The dates are subject to any directions of the Court and the date
for the registration of the Court Order is dependent upon, amongst other
things, the date on which the Court confirms the Capital Reduction.

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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