Sanderson Design Group (SDG): LBV ASSET MANAGEMENT LLP campaign

This situation live

SDG Sanderson Design Group

£56m · 73.5p · +53% since the first step

22 Jan 2025 · 5.063% · +13% until the next step LBV ASSET MANAGEMENT LLP: 5.063%

31 Jul 2025 · 10.03% · +47% until the next step LBV ASSET MANAGEMENT LLP: 10.03% (from 5.063%)

2 Jun 2026 · 12% · −1% until the next step LBV ASSET MANAGEMENT LLP: 12% (from 10.03%)

11 Sep 2026 · 14.065% · −5% until the next step LBV ASSET MANAGEMENT LLP: 14.065% (from 12%)

28 Sep 2026 · campaign · +4% until the next step The Board firmly believes that the Resolutions to be proposed at the Requisitioned GM are not in the best interests of shareholders as a whole

12 Oct 2026 · vote · −3% since The removal of the Chair at the instigation of a single shareholder, coupled with the simultaneous appointment of that shareholder's own nominee, would not serve the interests of shareholders as a who

Activist campaign

LBV ASSET MANAGEMENT LLP campaign

vote

ActivistLBV ASSET MANAGEMENT LLP

Stake14.065%

Wantsremove the chair, board seat(s)

Boardopposes

General meeting2026-10-29

As of 12 Oct 2026 ↗

Since Oct 2023: 135 situations of this kind – went quiet 79%, activist sold out 19%, settled with the board 2%; median share price +4% six months after they opened

OCT29 Next: general meeting in 5 days

Every step · 6

22 Jan 2025 5.063% – LBV ASSET MANAGEMENT LLP: 5.063% ↗
31 Jul 2025 10.03% – LBV ASSET MANAGEMENT LLP: 10.03% (from 5.063%) ↗
2 Jun 2026 12% – LBV ASSET MANAGEMENT LLP: 12% (from 10.03%) ↗
11 Sep 2026 14.065% – LBV ASSET MANAGEMENT LLP: 14.065% (from 12%) ↗
28 Sep 2026 campaign – The Board firmly believes that the Resolutions to be proposed at the Requisitioned GM are not in the best interests of shareholders as a whole ↗
12 Oct 2026 vote – The removal of the Chair at the instigation of a single shareholder, coupled with the simultaneous appointment of that shareholder's own nominee, would not... ↗

What is happening

Sanderson Design Group: LBV ASSET MANAGEMENT LLP campaign – vote. ['vote']

What comes next

general meeting (29 Oct 2026).

From the company's own announcements. Not investment advice.

Briefing

Sanderson Design Group in 4 minutes

Sanderson Design Group designs luxury wallpapers, fabrics and paints under brands such as Morris & Co., Sanderson and Zoffany. It prints much of them in its own UK factories. After a UK downturn cut adjusted profit...

Act 1Licensing masks a weakening UK
Act 2The slump of 2024
Act 3Cutting costs, building new channels

Read the briefing →

Also at Sanderson Design Group 2 open

Insider conviction2 directors buying – £40k in 2 buys Turnaround plan with targetsManufacturing turnaround via Future Factory – Profitable growth; positive H2 order book Insider conviction1 director buying – £20k in 1 buy · closed Sanderson Design Group – company page →