TIDMSOS

RNS Number : 2455A

Sosandar PLC

28 May 2021

Sosandar plc

("Sosandar" or the "Company")

Sosandar, the online women's fashion brand, announces that Andrew Booth, a Non-Executive Director of the Company, has today completed his subscription for 150,000 new ordinary shares of 0.1 pence each ("Ordinary Shares") as part of the Company's fundraise announced on 24 May 2021. Andrew Booth now has a total beneficial interest in 150,000 Ordinary Shares, equal to approximately 0.07 per cent. of the Company's issued share capital.

Enquiries

 
  Sosandar plc                                           www.sosandar.com 
  Julie Lavington / Ali Hall, Joint CEOs                      c/o Alma PR 
 
  N+1 Singer (Nominated Adviser & Broker) 
   Peter Steel / Kailey Aliyar / Hannah Woodley      +44 (0) 20 7496 3000 
  Alma PR Limited (Financial PR)                     +44 (0) 20 3405 0205 
  Susie Hudson / Sam Modlin / Molly Gretton         sosandar@almapr.co.uk

About Sosandar PLC

Sosandar is an online womenswear brand, specifically targeted at a generation of women who have graduated from throwaway fashion and are looking for quality, affordable clothing with a premium, trend-led aesthetic. This is a section of the market that is currently being underserved.

Sosandar was launched in September 2016. The Sosandar business model is built around using trend-led, exclusive designs produced in-house and then manufactured using a variety of global suppliers. Sosandar caters for a growing market of fashion-conscious women, while utilising an outsourced logistics provider that can support its planned growth over the coming years.

Sosandar's founders are Ali Hall and Julie Lavington, who previously launched and ran high street fashion magazine Look, as editor and publishing director respectively. They have a combined experience of over 35 years in the fashion industry.

More information is available at www.sosandar-ir.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
  1     Details of the person discharging managerial responsibilities 
         / person closely associated 
  a)    Name                              Andrew Booth 
      --------------------------------  ---------------------------------- 
  2     Reason for the notification 
      -------------------------------------------------------------------- 
  a)    Position/status                   Non-Executive Director 
      --------------------------------  ---------------------------------- 
  b)    Initial notification              Initial Notification 
         /Amendment 
      --------------------------------  ---------------------------------- 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------- 
  a)    Name                              Sosandar PLC 
      --------------------------------  ---------------------------------- 
  b)    LEI                               2138004313MO7RXAVA37 
      --------------------------------  ---------------------------------- 
  4     Details of the transaction(s): section to be repeated 
         for (i) each type of instrument; (ii) each type of transaction; 
         (iii) each date; and (iv) each place where transactions 
         have been conducted 
      -------------------------------------------------------------------- 
  a)    Description of the                Ordinary Shares of 0.1p each 
         financial instrument, 
         type of instrument 
         Identification code 
      --------------------------------  ---------------------------------- 
  b)    Nature of the transaction         Purchase of Ordinary Shares 
      --------------------------------  ---------------------------------- 
  c)    Price(s) and volume(s)               Price(s)     Volume(s) 
                                              20 pence     150,000 
                                                         ----------- 
      --------------------------------  ---------------------------------- 
  d)    Aggregated information            n/a - Single Transaction 
         - Aggregated volume 
         - Price 
      --------------------------------  ---------------------------------- 
  e)    Date of the transaction           28 May 2021 
      --------------------------------  ---------------------------------- 
  f)    Place of the transaction          London Stock Exchange, XLON 
      --------------------------------  ----------------------------------

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END

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May 28, 2021 09:20 ET (13:20 GMT)

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