LONDON - Sanderson Design Group PLC (AIM: SDG), a luxury interior design and furnishings group, disclosed that Mauricio Solodujin, the Global Commercial Director, has acquired 10,362 ordinary shares at a price of £0.48 each. The transaction took place on January 20, 2025, and was conducted on the London Stock Exchange (LON:LSEG) (XLON).
The purchase by Solodujin is reported in accordance with Article 19 of the Market Abuse Regulation, which requires notifications from Persons Discharging Managerial Responsibilities (PDMRs) within the company. This initial notification indicates a vote of confidence in the firm by one of its senior managers.
Sanderson Design Group is known for its design, manufacture, and marketing of premium wallpapers, fabrics, and paints. The company also earns licensing income from the use of its designs on a variety of products including bed and bath collections, rugs, blinds, and tableware. Its portfolio of brands encompasses Zoffany, Sanderson, Morris & Co., Harlequin, Clarke & Clarke, and Scion.
With a strong manufacturing presence in the UK, including the Anstey wallpaper factory in Loughborough and the Standfast & Barracks fabric printing factory in Lancaster, the company maintains its production largely in-house, while also providing services for other brands.
The company employs around 600 individuals and markets its products globally, with showrooms located in London, New York, Chicago, and Amsterdam. Sanderson Design Group is publicly traded on the AIM market of the London Stock Exchange.
This announcement is based on a press release statement and provides an update on the investment activities of one of Sanderson Design Group's key management personnel. The information presented is factual, with no endorsement of claims. It serves to inform investors and the public of the transaction details without speculation on the motives or future market performance.
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