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Director/PDMR Shareholding

RNS Announcement

RNS Number : 5716V

Sosandar PLC

03 November 2017

Sosandar plc

("Sosandar" or the "Company")

Grant of Options and Directors' Interests

The Board of Sosandar (AIM: SOS) announces that, as stated in its Admission Document dated 10 October 2017, the Company yesterday granted options over 18,024,748 Ordinary Shares in the Company to Directors and employees of the Company. This includes the award of options over Ordinary Shares to the following PDMRs:

Directors	Options
Bill Murray	400,000
Alison Hall	8,400,000
Julie Lavington	8,400,000
Nick Mustoe	400,000
	17,600,000

This is in addition to the following options granted to Directors on 9 October 2017 conditional on Admission and disclosed in the Admission Document:

Directors	Options
Mark Collingbourne	400,000
Adam Reynolds	800,000
	1,200,000

All the options have an exercise price of £0.151 with an expiry date of the 10th anniversary of the date of grant (subject to performance conditions).

In addition, on Admission the Directors acquired new Ordinary Shares in the Company. The Directors resultant holdings are as follows:

Director	Number of Ordinary Shares held prior to Admission	Number of New Ordinary Shares issued	Description	Number of Ordinary Shares held on Admission	% of Enlarged Issued Share Capital
Bill Murray	-	345,107	Subscription Shares	345,107	0.3%
Alison Hall	-	5,309,343	Consideration Shares	5,309,343	5.0%
Julie Lavington	-	5,309,343	Consideration Shares	5,309,343	5.0%
Mark Collingbourne	266,667	662,252	Fee Shares	928,919	0.9%
Adam Reynolds	636,299	1,324,503	Fee Shares	1,960,802	1.8%
Nick Mustoe	166,666	4,706,203	Subscription Shares	4,872,869	4.6%

Terms and expressions used in this announcement shall, unless defined herein or unless the context otherwise requires, have the same meanings as given to them in the Admission Document, a copy of which is available on Sosandar's website at www.sosandar.com.

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

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

Details of the person discharging managerial responsibilities/person closely associated

Name

William Murray

Reason for notification

Position/Status

Director/Non-executive Chairman

Initial notification/

Amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Sosandar plc

LEI

213800GBJ1RNNUKP2182

4 (i)

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

Description of the financial instrument, type of instrument

Identification Code

Ordinary shares of 0.1p each

ISIN: GB00BDGS8G04

Nature of the transaction

Subscription Shares

Price(s) and volume(s)

Price(s)

Volume(s)

Date

15.1p

345,107

02.11.17

Aggregated information

- Aggregated Volume

- Price

345,107

15.1p

Date of the transaction

2 November 2017

Place of the transaction

London Stock Exchange (XLON)

4 (ii)

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

Description of the financial instrument, type of instrument

Identification Code

Ordinary shares of 0.1p each

ISIN: GB00BDGS8G04

Nature of the transaction

Grant of options

Price(s) and volume(s)

Price(s)

Volume(s)

Date

15.1p

400,000

2.11.17

Aggregated information

- Aggregated Volume

- Price

400,000

15.1p

Date of the transaction

2 November 2017

Place of the transaction

London Stock Exchange (XLON)

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

Details of the person discharging managerial responsibilities/person closely associated

Name

Alison Hall

Reason for notification

Position/Status

Director

Initial notification/

Amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Sosandar plc

LEI

213800GBJ1RNNUKP2182

4 (i)

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

Description of the financial instrument, type of instrument

Identification Code

Ordinary shares of 0.1p each

ISIN: GB00BDGS8G04

Nature of the transaction

Consideration Shares

Price(s) and volume(s)

Price(s)

Volume(s)

Date

15.1p

5,309,343

02.11.17

Aggregated information

- Aggregated Volume

- Price

5,309,343

15.1p

Date of the transaction

2 November 2017

Place of the transaction

London Stock Exchange (XLON)

4 (ii)

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

Description of the financial instrument, type of instrument

Identification Code

Ordinary shares of 0.1p each

ISIN: GB00BDGS8G04

Nature of the transaction

Grant of options

Price(s) and volume(s)

Price(s)

Volume(s)

Date

15.1p

8,400,000

2.11.17

Aggregated information

- Aggregated Volume

- Price

8,400,000

15.1p

Date of the transaction

2 November 2017

Place of the transaction

London Stock Exchange (XLON)

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

Details of the person discharging managerial responsibilities/person closely associated

Name

Julie Lavington

Reason for notification

Position/Status

Director

Initial notification/

Amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Sosandar plc

LEI

213800GBJ1RNNUKP2182

4 (i)

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

Description of the financial instrument, type of instrument

Identification Code

Ordinary shares of 0.1p each

ISIN: GB00BDGS8G04

Nature of the transaction

Consideration Shares

Price(s) and volume(s)

Price(s)

Volume(s)

Date

15.1p

5,309,343

02.11.17

Aggregated information

- Aggregated Volume

- Price

5,309,343

15.1p

Date of the transaction

2 November 2017

Place of the transaction

London Stock Exchange (XLON)

4 (ii)

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

Description of the financial instrument, type of instrument

Identification Code

Ordinary shares of 0.1p each

ISIN: GB00BDGS8G04

Nature of the transaction

Grant of options

Price(s) and volume(s)

Price(s)

Volume(s)

Date

15.1p

8,400,000

2.11.17

Aggregated information

- Aggregated Volume

- Price

8,400,000

15.1p

Date of the transaction

2 November 2017

Place of the transaction

London Stock Exchange (XLON)

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

Details of the person discharging managerial responsibilities/person closely associated

Name

Mark Collingbourne

Reason for notification

Position/Status

Director

Initial notification/

Amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Sosandar plc

LEI

213800GBJ1RNNUKP2182

4 (i)

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

Description of the financial instrument, type of instrument

Identification Code

Ordinary shares of 0.1p each

ISIN: GB00BDGS8G04

Nature of the transaction

Fee Shares

Price(s) and volume(s)

Price(s)

Volume(s)

Date

15.1p

662,252

02.11.17

Aggregated information

- Aggregated Volume

- Price

662,252

15.1p

Date of the transaction

2 November 2017

Place of the transaction

London Stock Exchange (XLON)

4 (ii)

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

Description of the financial instrument, type of instrument

Identification Code

Ordinary shares of 0.1p each

ISIN: GB00BDGS8G04

Nature of the transaction

Grant of options

Price(s) and volume(s)

Price(s)

Volume(s)

Date

15.1p

400,000

2.11.17

Aggregated information

- Aggregated Volume

- Price

400,000

15.1p

Date of the transaction

2 November 2017

Place of the transaction

London Stock Exchange (XLON)

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

Details of the person discharging managerial responsibilities/person closely associated

Name

Adam Reynolds

Reason for notification

Position/Status

Director

Initial notification/

Amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Sosandar plc

LEI

213800GBJ1RNNUKP2182

4 (i)

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

Description of the financial instrument, type of instrument

Identification Code

Ordinary shares of 0.1p each

ISIN: GB00BDGS8G04

Nature of the transaction

Fee Shares

Price(s) and volume(s)

Price(s)

Volume(s)

Date

15.1p

1,324,503

02.11.17

Aggregated information

- Aggregated Volume

- Price

1,324,503

15.1p

Date of the transaction

2 November 2017

Place of the transaction

London Stock Exchange (XLON)

4 (ii)

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

Description of the financial instrument, type of instrument

Identification Code

Ordinary shares of 0.1p each

ISIN: GB00BDGS8G04

Nature of the transaction

Grant of options

Price(s) and volume(s)

Price(s)

Volume(s)

Date

15.1p

800,000

2.11.17

Aggregated information

- Aggregated Volume

- Price

800,000

15.1p

Date of the transaction

2 November 2017

Place of the transaction

London Stock Exchange (XLON)

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

Details of the person discharging managerial responsibilities/person closely associated

Name

Nicholas Mustoe

Reason for notification

Position/Status

Director

Initial notification/

Amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Sosandar plc

LEI

213800GBJ1RNNUKP2182

4 (i)

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

Description of the financial instrument, type of instrument

Identification Code

Ordinary shares of 0.1p each

ISIN: GB00BDGS8G04

Nature of the transaction

Subscription Shares

Price(s) and volume(s)

Price(s)

Volume(s)

Date

15.1p

4,706,203

02.11.17

Aggregated information

- Aggregated Volume

- Price

4,706,203

15.1p

Date of the transaction

2 November 2017

Place of the transaction

London Stock Exchange (XLON)

4 (ii)

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

Description of the financial instrument, type of instrument

Identification Code

Ordinary shares of 0.1p each

ISIN: GB00BDGS8G04

Nature of the transaction

Grant of options

Price(s) and volume(s)

Price(s)

Volume(s)

Date

15.1p

400,000

2.11.17

Aggregated information

- Aggregated Volume

- Price

400,000

15.1p

Date of the transaction

2 November 2017

Place of the transaction

London Stock Exchange (XLON)

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

Enquiries:

Sosandar plc Ali Hall, Julie Lavington	C/o Walbrook
Cairn Financial Advisers LLP (Nominated Adviser) Liam Murray / Sandy Jamieson	+44 (0) 20 7213 0880
Turner Pope Investments (TPI) Ltd (Broker) Ben Turner / James Pope	+44 (0) 20 3621 4120
Walbrook (Public Relations and Investor Relations) Paul Cornelius / Gary Middleton	+44 (0) 20 7933 8780

This information is provided by RNS

The company news service from the London Stock Exchange

END

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RNS metadata

Title: Director/PDMR Shareholding
Time: 16:03:22
Date: 3 Nov 2017
Category: Director/PDMR dealings
ID: 5716V