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SANDERSON DESIGN GROUP PLC

Major Shareholding Notification May 20, 2013

7897_rns_2013-05-20_c12dcf58-7fb7-47a6-a4ef-7a0ea3441c1d.html

Major Shareholding Notification

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RNS Number : 1438F

Walker Greenbank PLC

20 May 2013

For immediate release 20 May 2013

WALKER GREENBANK PLC

("Walker Greenbank" or "the Company")

Exercise of LTIP Awards, Director Shareholdings and Total Voting Rights

Walker Greenbank PLC (AIM: WGB), the luxury interior furnishings group whose brands include Sanderson, Morris & Co, Harlequin, Zoffany and Scion, announces that, following the achievement of performance targets, 1,003,305 ordinary shares of 1p each in the Company ("Ordinary Shares") vested to its executive directors and certain employees under its Long-Term Incentive Plan ("LTIP").  The number of Ordinary Shares which vested is after deduction of tax and National Insurance.

Following this vesting of Ordinary Shares under the LTIP, the Company was informed on 20 May 2013 that each of the executive directors sold a proportion of their Ordinary Shares as set out in the table below:

Executive Director No of Ordinary Shares Vested No of Ordinary Shares sold Price No of Ordinary Shares retained Resultant interest in  Ordinary Shares % of total voting rights
John Sach 315,350 125,000 110p 190,350 1,600,365 2.71
Alan Dix 135,415 65,000 110p 70,415 704,589 1.19
David Smallridge 229,556 100,000 110p 129,556 993,972 1.68

The shares disposed of by the executive directors as set out above were acquired by new and existing institutional shareholders at a price of 110p per share.

The Company's issued ordinary share capital with voting rights remains 59,006,162 Ordinary Shares and this figure is to be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in Walker Greenbank under the FSA's Disclosure and Transparency Rules.

For further information:

Walker Greenbank PLC +44 (0) 844 543 4668
John Sach, Chief Executive
Caroline Geary, Company Secretary
Cantor Fitzgerald Europe +44 (0) 20 7897 7000
Mark Percy / Catherine Leftley - Nominated Adviser
Katie Ratner - Corporate Broking
Buchanan +44 (0) 20 7466 5000
Mark Court /Fiona Henson/ Sophie Cowles

This information is provided by RNS

The company news service from the London Stock Exchange

END

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