Issue of share options and PDMR dealing

RNS Number : 8787S

Science Group PLC

22 March 2021

 

22 March 2021

Science Group plc

(the "Company")

Issue of share options and PDMR dealing

Sagentia Group plc (AIM:SAG) announces that on 22 March 2021 the Company granted options ('Options') over 50,000 ordinary shares in its share capital to its recently appointed Chief Financial Officer Designate, Sameet Vohra, under the Company's Performance Share Plan.

Each of these Options will vest after three years from the date of issue and are exercisable at the nominal value of the share of 1 pence per share for a period of seven years from vesting, provided that certain performance conditions have been satisfied.  The Options may vest subject to the achievement of Earnings per Share growth targets in each of the three financial years 2021-2023.

Details of this Director option award are included in the disclosure notices below.  Save for the below, the Directors' beneficial interests in the share capital of the Company remain unchanged and as previously announced.

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: Sameet Vohra
2.	Reason for the notification
a)	Position/status: Chief Financial Officer Designate
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: Grant of share options
c)	Price(s) and volume(s): Price(s) Volume(s) 1p 50,000
d)	Aggregated information: · Aggregated volume: 50,000 · Price: £500
e)	Date of the transaction:  2021-03-19
f)	Place of the transaction: AIMX

- Ends -

For further information:

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]

 

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