Sosandar PLC Director/PDMR Shareholding and Total Voting Rights (5647I)
02 Aprile 2020 - 11:19AM
UK Regulatory
TIDMSOS
RNS Number : 5647I
Sosandar PLC
02 April 2020
Sosandar plc
D irector/PDMR Shareholding and Total Voting Rights
The Company has been informed that Mark Collingbourne, Finance
Director, and Adam Reynolds, Non-Executive Director, yesterday
transferred 262,752 ordinary shares of 0.1 pence each in the
Company ("Ordinary Shares") and 1,063,659 Ordinary Shares
respectively into new legal entities.
Following these transfers, Mr Collingbourne's and Mr Reynold's
interests in the Company remain unchanged as the old and new
entities holding the transferred Ordinary Shares are both 100 per
cent owned. The notification below, made in accordance with the
requirements of the EU Market Abuse Regulation, provides further
detail on the transfers:
The Company also confirms that as at 31 March 2020, the Company
has 192,268,122 Ordinary Shares in issue, with one voting right
each.
The Company does not hold any shares in treasury. The number of
Ordinary Shares with voting rights is therefore 192,268,122.
Accordingly, this figure may be used by shareholders as a
denominator for the calculation by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the Company under the FCA's Disclosure and
Transparency Rules.
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name
Mark Collingbourne
2 Reason for the notification
a) Position/status Finance Director
b) Initial notification /Amendment Initial Notification
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 financial instrument, type of
instrument Ordinary shares in Sosandar plc
Identification code GB00BDGS8G04
b) Nature of the transaction Transfer of Ordinary Shares between 100% owned legal
entities
c) Price(s) and volume(s) Price(s) Volume(s)
6 pence 262,752 shares
d) Aggregated information
- Aggregated volume N/A - Single transaction
- Price
e) Date of the transaction 01 April 2020
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Adam Reynolds
2 Reason for the notification
a) Position/status Non-Executive Director
b) Initial notification /Amendment Initial Notification
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 financial instrument, type of
instrument Ordinary shares in Sosandar plc
Identification code GB00BDGS8G04
b) Nature of the transaction Transfer of Ordinary Shares between 100% owned legal
entities
c) Price(s) and volume(s) Price(s) Volume(s)
5.5 pence 1,063,659 shares
d) Aggregated information
- Aggregated volume N/A - Single transaction
- Price
e) Date of the transaction 01 April 2020
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
Enquiries
Sosandar plc www.sosandar.com
Julie Lavington / Ali Hall, Joint CEOs c/o Alma PR
Shore Capital
Patrick Castle / Mark Percy / James Thomas / Michael McGloin +44 (0) 20 7408 4090
Alma PR Limited (Financial PR) +44 (0) 20 3405 0205
Rebecca Sanders-Hewett / Susie Hudson / Sam Modlin 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, including in
the design, manufacture and sale of fashion ranges for some of the
UK's high street retailers, including Debenhams, Office, Oasis and
JD Williams.
More information is available at www.sosandar-ir.com
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London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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