Sosandar PLC Board Changes (8950W)

TIDMSOS

RNS Number : 8950W

Sosandar PLC

15 December 2023

 
  Date:               15 December 2023 
  On behalf of:       Sosandar plc ("Sosandar" or "the Company") 
  Embargoed until:    0700hrs

Sosandar plc

Board Changes

Sosandar PLC (AIM: SOS), one of the fastest growing fashion brands in the UK creating quality, trend-led products for women of all ages, is pleased to announce the appointment of Nick Mustoe as Non-Executive Chairman. Nick has been Interim Non-Executive Chairman since 16 March 2023.

In addition, the Company announces that Jon Wragg, Independent Non-Executive Director, has notified the Board of his intention to step down from the Board in order to focus on other commitments, and, with the Company's agreement, has done so with immediate effect.

Nick Mustoe, Non-Executive Chairman, commented:

"I am delighted to be appointed as permanent Chair of Sosandar. We are at a very exciting moment in our growth journey as we take Sosandar's unique product to more people across the globe through multiple channels.

On behalf of the Board, I would like to thank Jon for his contribution to the Company since he joined the Board, he has provided sound counsel and advice throughout. We wish Jon all the very best."

Enquiries

 
 Sosandar plc                                           www.sosandar.com 
 Julie Lavington / Ali Hall, Joint CEOs                 c/o Alma 
 Steve Dilks, CFO 
 
 
   Singer Capital Markets 
   Peter Steel / Tom Salvesen / Alaina Wong              +44 (0) 20 7496 3000 
 Alma (Financial PR)                                    +44 (0) 20 3405 0205 
 Sam Modlin / Matthew Young / Rebecca Sanders-Hewett    sosandar@almastrategic.com

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 a number of brand partnerships including with Next, Marks & Spencer and J Sainsbury.

Sosandar's strategy is to continue growing brand awareness and expand its routes to market, reaching customers wherever they wish to shop. This is achieved both through direct to consumer channels and through third party partners. Sosandar offers an exceptional product range, seamless customer experience and impactful, lifestyle marketing, 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

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December 15, 2023 02:00 ET (07:00 GMT)

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