Vesting of Awards under LTIP and TVR
Sanderson Design Group PLC announced the vesting of awards under its Long-Term Incentive Plan, resulting in the allotment of 132,417 new ordinary shares. Following this, the Chief Executive Officer, Lisa Montague, now holds 574,224 ordinary shares, representing 0.79% of the total voting rights. The company's total issued share capital now stands at 72,264,620 ordinary shares, with no shares held in treasury, meaning the total number of voting rights is also 72,264,620.
Select text to share a quote on X · sign in to keep highlights & notes in your SDG notes
Sanderson Design Group PLC (AIM: SDG), the luxury interior design and furnishings group, announces that Lisa Montague, Chief Executive Officer, certain other persons discharging managerial responsibilities ("PDMRs") and employees have received ordinary shares of 1p each in the Company ("Ordinary Shares") under the terms of the Company's Long-Term Incentive Plan ("LTIP") (the "Vesting").
The awards vested on 11 November 2025 for nil consideration pursuant to a conditional award made on 11 November 2020. The number of Ordinary Shares which vested is stated after the deduction of the relevant taxation and National Insurance charges.
Following the Vesting, Lisa Montague's holding of Ordinary Shares is set out in the table below:
| Lisa Montague | 36,952 | 574,224 | 0.79% |
The Company has allotted 132,417 Ordinary Shares, in aggregate, in order to satisfy the Vesting (the "New Ordinary Shares"). The New Ordinary Shares have been admitted to trading on AIM pursuant to the Company's existing block listing admission facility.
Total Voting Rights
Following the Vesting and allotment of the New Ordinary Shares, the Company hereby notifies that, as at the date of this announcement, the Company's issued share capital consists of 72,264,620 Ordinary Shares, with one voting right per Ordinary Share. The Company does not hold any Ordinary Shares in Treasury, therefore, the total number of Ordinary Shares in the Company with voting rights is 72,264,620.
The above figure of 72,264,620 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | 1. Lisa Montague 2. Mauricio Solodujin 3. Claire Vallis 4. Charlotte Archer |
| 2. | Reason for the notification | |
| a) | Position/status | 1. Chief Executive Officer 2. Global Commercial Director 3. Design Director 4. Group Marketing Director |
| b) | Initial notification/Amendment | Initial notification |
| a) | Name | Sanderson Design Group PLC |
| b) | LEI | 213800A8K2WOUZJIQL93 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 1 pence each GB0003061511 |
| c) | Price(s) and volume(s) | Price(s) Volume(s) 1. Nil 36,952 2. Nil 5,465 3. Nil 4,539 4. Nil 764 |
| d) | Aggregated information | Not applicable |
| e) | Date of the transaction | 11 November 2025 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.