Director Dealing & Exercise of Share Options

RNS Number : 6374A

Science Group PLC

30 September 2020

 

30 September 2020

Science Group plc

(the "Company" or "Science Group")

Director Dealing

Exercise of share options

Since Group announces that it has been notified by Martyn Ratcliffe (the "Seller") that, following the announcement earlier today, he has successfully sold a total of 2,000,826 ordinary shares in the Company ("Sale Shares") at a price of 240  pence per Sale Share (the "Sale"). The Sale Shares in aggregate represent approximately 4.8 % of the Company's issued share capital excluding treasury shares.

Martyn Ratcliffe will continue to have an interest in approximately 27.25% of the issued share capital of the Company. Martyn Ratcliffe has also undertaken not to dispose of any further ordinary shares for a period of 12 months after completion of the Sale (subject to customary exceptions).

The Company was not a party to the Sale and will not receive any proceeds from the Sale.

Exercise of share options

Science Group also announce that on 30 September 2020 it issued 253,275 treasury shares at a price of 240 pence per share following the exercise of share options by certain employees .  As part of this transaction:

· Dan Edwards, Director, acquired 75,000 ordinary shares in the Company at a price of 1 pence per share.  On the same day, Dan Edwards subsequently disposed of 40,000 ordinary shares in the Company at a price of 240 pence per share.

· Rebecca Archer, Director, acquired 25,000 ordinary shares in the Company at a price of 1 pence per share.  On the same day, Rebecca Archer subsequently disposed of 40,000 ordinary shares in the Company at a price of 240 pence per share.

· Sarah Cole, PDMR, acquired 25,000 ordinary shares in the Company at a price of 1 pence per share.  On the same day, Sarah Cole subsequently disposed of 25,000 ordinary shares in the Company at a price of 240 pence per share.

The total number of ordinary shares in issue (excluding treasury shares) following this announcement is 41,871,813.  Science Group holds 190,223 shares in treasury.  The total number of voting rights in the Company following this announcement is 41,767,412.

The figure of 41,767,412 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the FCA's Disclosure and Transparency Rules.

As a result of these transactions, the following directors' shareholdings as a percentage of the total issued share capital of the Company (excluding those shares held in treasury) have changed as follows:

	No. of shares held	% holding of ISC (exc treasury)
Martyn Ratcliffe	11,412,080	27.25%
Rebecca Archer	50,000	0.12%
Daniel Edwards	109,000	0.26%

End

Science Group plc
Sarah Cole, Company Secretary	Tel: [phone]
	www.sciencegroup.com
Stifel Nicolaus Europe Limited (Nominated Adviser and Joint Broker)
Nick Adams, Alex Price	Tel: [phone]
Liberum Capital Limited (Joint Broker)
Neil Patel, Cameron Duncan	Tel: [phone]
MHP Communications (PR Advisor to Science Group)
Reg Hoare, James Bavister, Pete Lambie	Tel: [phone]
	[e-mail]

Note: This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation (No 596/2014).  The person responsible for this announcement is Sarah Cole, Company Secretary .

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Martyn Ratcliffe
2.	Reason for the notification
a)	Position/status: Chairman
b)	Initial notification/Amendment:  Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name: Science Group plc
b)	LEI: 2138009OJQT79BDB3E93
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Ordinary shares of 1p each. Identification code: GB00B39GTJ17
b)	Nature of the transaction: Disposal of shares
c)	Price(s) and volume(s): Price(s) Volume(s) [240]p 2,000,826
d)	Aggregated information: · Aggregated volume: 2,000,826 · Price: £4,801,982.40
e)	Date of the transaction:  2020-09-30
f)	Place of the transaction: AIMX

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Dan Edwards
2.	Reason for the notification
a)	Position/status: Group Managing Director
b)	Initial notification/Amendment:  Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name: Science Group plc
b)	LEI: 2138009OJQT79BDB3E93
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Ordinary shares of 1p each. Identification code: GB00B39GTJ17
b)	Nature of the transaction: Acquisition of shares following exercise of share options
c)	Price(s) and volume(s): Price(s) Volume(s) 1p 75,000
d)	Aggregated information: · Aggregated volume: 25,000 · Price: £750
e)	Date of the transaction:  2020-09-30
f)	Place of the transaction: AIMX

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Dan Edwards
2.	Reason for the notification
a)	Position/status: Group Managing Director
b)	Initial notification/Amendment:  Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name: Science Group plc
b)	LEI: 2138009OJQT79BDB3E93
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Ordinary shares of 1p each. Identification code: GB00B39GTJ17
b)	Nature of the transaction: Disposal of shares
c)	Price(s) and volume(s): Price(s) Volume(s) 240p 40,000
d)	Aggregated information: · Aggregated volume: 40,000 · Price: £96,000
e)	Date of the transaction:  2020-09-30
f)	Place of the transaction: AIMX

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Rebecca Archer
2.	Reason for the notification
a)	Position/status: Finance Director
b)	Initial notification/Amendment:  Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name: Science Group plc
b)	LEI: 2138009OJQT79BDB3E93
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Ordinary shares of 1p each. Identification code: GB00B39GTJ17
b)	Nature of the transaction: Acquisition of shares following exercise of share options
c)	Price(s) and volume(s): Price(s) Volume(s) 1p 25,000
d)	Aggregated information: · Aggregated volume: 25,000 · Price: £250
e)	Date of the transaction:  2020-09-30
f)	Place of the transaction: AIMX

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Rebecca Archer
2.	Reason for the notification
a)	Position/status: Finance Director
b)	Initial notification/Amendment:  Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name: Science Group plc
b)	LEI: 2138009OJQT79BDB3E93
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Ordinary shares of 1p each. Identification code: GB00B39GTJ17
b)	Nature of the transaction: Disposal of shares
c)	Price(s) and volume(s): Price(s) Volume(s) 240p 40,000
d)	Aggregated information: · Aggregated volume: 40,000 · Price: £96,000
e)	Date of the transaction:  2020-09-30
f)	Place of the transaction: AIMX

5.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Sarah Cole
6.	Reason for the notification
a)	Position/status: Group Legal Counsel & Company Secretary
b)	Initial notification/Amendment:  Initial notification
7.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name: Science Group plc
b)	LEI: 2138009OJQT79BDB3E93
8.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Ordinary shares of 1p each. Identification code: GB00B39GTJ17
b)	Nature of the transaction: Acquisition of shares following exercise of share options
c)	Price(s) and volume(s): Price(s) Volume(s) 1p 25,000
d)	Aggregated information: · Aggregated volume: 25,000 · Price: £250
e)	Date of the transaction:  2020-09-30
f)	Place of the transaction: AIMX

9.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Sarah Cole
10.	Reason for the notification
a)	Position/status: Group Legal Counsel & Company Secretary
b)	Initial notification/Amendment:  Initial notification
11.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name: Science Group plc
b)	LEI: 2138009OJQT79BDB3E93
12.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Ordinary shares of 1p each. Identification code: GB00B39GTJ17
b)	Nature of the transaction: Disposal of shares
c)	Price(s) and volume(s): Price(s) Volume(s) 240p 25,000
d)	Aggregated information: · Aggregated volume: 25,000 · Price: £60,000
e)	Date of the transaction:  2020-09-30
f)	Place of the transaction: AIMX

 

END

 

 

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