03 March 2023
Sosandar PLC (AIM: SOS), one of the fastest growing fashion brands in the UK, creating quality, trend-led products for women of all ages, announces that Lesley Watt, Non-Executive Director, purchased 43,184 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") at a price of 23 pence per Ordinary Share. Following this purchase which took place on 02 March 2023, Lesley Watt's total beneficial interest is in 43,184 Ordinary Shares, equal to approximately 0.02 per cent. of the Company's issued share capital.
Further details of the purchase can be found in the Notification of Dealing Form below.
Julie Lavington / Ali Hall, Joint CEOs
Steve Dilks, CFO
c/o Alma PR
Singer Capital Markets (Nominated Adviser & Broker)
Peter Steel / Tom Salvesen / Alaina Wong / Alex Emslie
+44 (0) 20 7496 3000
Alma PR Limited (Financial PR)
+44 (0) 20 3405 0205
Sam Modlin / Matthew Young
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
Details of the person discharging managerial responsibilities / person closely associated
Reason for the notification
Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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
Ordinary Shares of 0.1p each
Nature of the transaction
Purchase of Ordinary Shares
Price(s) and volume(s)
- Aggregated volume
n/a - single transaction
Date of the transaction
2 March 2023
Place of the transaction
London Stock Exchange, XLON
About Sosandar PLC
Sosandar is one of the fastest growing women's fashion brands in the UK targeting style conscious women who have graduated from price-led alternatives. The Company offers this underserved audience fashion-forward, affordable, quality clothing to make them feel sexy, feminine, and chic. The business sells predominantly own-label exclusive product designed in-house.
Sosandar's product range is diverse, providing its customers with an array of choice for all occasions across all women's fashion categories. The company sells through Sosandar.com and has brand partnerships in place with Next, John Lewis, Marks & Spencer, The Very Group, JD Williams and J Sainsbury.
Sosandar's strategy is to continue growing brand awareness and expand its customer database, whilst also further driving its high levels of customer retention. This is achieved through its exceptional products, seamless customer experience and impactful, lifestyle marketing activities all of which is underpinned by combining innovation with data analysis.
Sosandar was founded in 2016 and listed on AIM in 2017. More information is available at www.sosandar-ir.com