Issue of share options & PDMR dealing

Science Group PLC

23 August 2024

 

                                                                                  23 August 2024

Science Group plc

(the "Company")

Issue of share options and PDMR dealing

Science Group plc (AIM:SAG) announces that on 22 August 2024 the Company granted options ("EEI Options") over 1,200,000 ordinary shares in its share capital to 12 employees of the group under the Enhanced Executive Incentive Addendum to the Company's Performance Share Plan.  This grant of EEI Options was approved by shareholders at the Company's Annual General Meeting on 18 June 2024.  The EEI Options will vest after five 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 five years from vesting, provided that certain share price targets have been met. 

Details of Director and other PDMR option awards 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: Daniel 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: Grant of EEI share options
c)	Price(s) and volume(s): Price(s) Volume(s) 1p 250,000
d)	Aggregated information: ·      Aggregated volume: 250,000 ·      Price: £2,500
e)	Date of the transaction:  2024-08-22
f)	Place of the transaction: AIMX

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Sarah Cole
2.	Reason for the notification
a)	Position/status: Group Legal Counsel & Company Secretary
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 EEI share options
c)	Price(s) and volume(s): Price(s) Volume(s) 1p 150,000
d)	Aggregated information: ·      Aggregated volume: 150,000 ·      Price: £1,500
e)	Date of the transaction:  2024-08-22
f)	Place of the transaction: AIMX

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Jon Brett
2.	Reason for the notification
a)	Position/status: Group 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: Grant of EEI share options
c)	Price(s) and volume(s): Price(s) Volume(s) 1p 100,000
d)	Aggregated information: ·      Aggregated volume: 100,000 ·      Price: £1,000
e)	Date of the transaction:  2024-08-22
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) Erik Anderson, Nick Harland Tel: [phone] Liberum Capital Limited (Joint Broker) Max Jones, John More Tel: [phone]

 

END