Sandal plc : Trading Statement


SANDAL PLC

FIRST RETAIL LISTING OF ENERGENIE PRODUCTS IN EIRE

The Board of Sandal plc is delighted to announce the first retail listing of its Energenie MiHome products into Eire.

The new Energenie MiHome Home Automation range will be sold in Eire through Sandal's distributor, Exertis Ireland, and will be stocked by Harvey Norman and Arnotts from 1 October 2015.  It is anticipated that this new listing will add in the region of £250,000 to Sandal's annual revenues.

Harvey Norman is a large Australian-based retailer of electrical, computer, furniture, entertainment and bedding goods. It is a franchise and the main brand is owned by Harvey Norman Holdings Limited. There are more than 230 Harvey Norman stores in Australia, New Zealand, Slovenia, Ireland, Northern Ireland, Malaysia, Croatia and Singapore, whilst Arnotts is the largest and oldest department store in Dublin.

In support of this entrance into Eire, the Company will be showcasing the Energenie range at 4 major Irish exhibitions between now and the end of 2015.

Commenting, Alan Tadd, Sandal CEO said: "We see Eire as a growing market for the Energenie MiHome family of products and are delighted to have been able to launch in this territory with two such excellent brands.  We expect Eire to provide major income streams for the Energenie MiHome brand."

The Directors of Sandal plc accept responsibility for this announcement.

Contacts:

Alan Tadd, CE0

Sandal plc

www.sandal-plc.co.uk

01279 422022
City & Merchant Ltd

David Papworth

 
020 7101 7676
MB Communications

Maxine Barnes
07860 489571

Note to Editors:

Sandal plc commenced business in 1996 and designs, develops and manufactures consumer electronics products. Its business is divided into two distinct product groups, PowerConnections, a long established wholesaler and reseller of a successful and patented range of converter plugs and power cables, and Energenie, which sells a newer product range that includes energy saving products, portable charging devices and the new MiHome range of products aimed at the "Home Automation" and "Internet of Things" marketplace.

PowerConnections is a supplier to customers, in the UK and abroad, of single-phase electrical connection products. The products are manufactured in three partner factories in the Far East and have distributors worldwide for its range of patented converter plugs. The Company's product portfolio consists of International Power Leads, Rewireable Plugs, Converters and Connectors. These products are stocked in the Far East, Australia and UK.

Energenie offers Eco and electrical, travel and energy saving products for homes and offices, reducing energy usage and the Home Automation sector. It has store listings for its current products with several large retailers including Homebase, Maplin, Amazon, Screwfix, Toolstation and ASDA.

The new range of MiHome home automation products makes the remote operation of everyday household appliances and energy monitoring more accessible to consumers due to better affordability and simplicity of control through smartphone and tablet connectivity.