Patrick Lewis Increases Stake in Sanderson Design Group

Sanderson Design Group PLC ( (GB:SDG) ) has shared an announcement.

Sanderson Design Group PLC announced that Patrick Lewis, a Non-Executive Director, has acquired a discretionary portfolio containing 4,571 ordinary shares in the company. This transaction slightly increases his stake, representing 0.006% of the total voting rights. The acquisition of shares by a member of the Board can be seen as a signal of confidence in the company’s future prospects, potentially reassuring stakeholders and investors about the company’s strategic direction and stability.

More about Sanderson Design Group PLC

Sanderson Design Group PLC is a luxury interior furnishings company specializing in the design, manufacture, and marketing of wallpapers, fabrics, and paints. The company also earns licensing income from its designs used on products such as bed and bath collections, rugs, blinds, and tableware. Its brands include Zoffany, Sanderson, Morris & Co., Harlequin, Clarke & Clarke, and Scion. Sanderson Design Group has a significant manufacturing presence in the UK with facilities in Loughborough and Lancaster, and its products are sold globally. The company is listed on the AIM market of the London Stock Exchange under the ticker SDG.

YTD Price Performance: -12.50%

Average Trading Volume: 182,987

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £37.8M

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