Grant of options / PDMR dealing

Sosandar plc

("Sosandar" or the "Company")

Grant of options / PDMR dealing

Sosandar PLC (AIM: SOS), the online women's fashion brand, announces that on 25 February 2019, the Board granted 837,626 options over ordinary shares of 0.1 pence each in the Company ("Options") under the [Company's share option plan].

543,813 of the Options have been granted to certain members of senior management and 293,813 Options have been granted to James Bowling, the Company's Head of Finance and a PDMR.

50% of the Options granted will vest upon the Company achieving £5 million revenue in a 12 month period and 50% upon the Company becoming cash flow positive.  The Options have been granted with an exercise price of 29.2p per share and can be excersible if vested for a 10 year period from the date of the grant.

Following the grant of Options, the Company has a total of  20,650,000 options over ordinary shares of 0.1 each in the Company outstanding representing approximately 17.8% of the existing issued share capital of the Company.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the grant of Options to James Bowling:

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