PDMR Dealing

RNS Number : 5664I

Science in Sport PLC

20 June 2017

 

20 June 2017
For immediate release

SCIENCE IN SPORT PLC

("SiS" or the "Company")

PDMR Dealing

The Company announces that it has received a notification of dealings from Ashley Read, the Company's Marketing Director.  Mr Read exercised his options in respect of 79,646 ordinary shares of 10 pence each in the Company ("Ordinary Shares") through the Company's Employee Benefit Trust. The resulting shares were then sold at a price of 81 pence per Ordinary Share.

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Ashley Read
2	Reason for notification
a.	Position/Status	Marketing 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 IN SPORT PLC
b.	LEI	213800FWYWBJFJPPJ981
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 Identification Code	Ordinary Shares of 10p each ISIN: GB00BBPV5329
b.	Nature of the transaction	Exercise of nil cost options over Ordinary Shares (Employee Benefit Trust)
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			0	79,646
d.	Aggregated information - Aggregated Volume - Price	N/A
e.	Date of the transaction	16 June 2017
f.	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Ashley Read
2	Reason for notification
a.	Position/Status	Marketing 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 IN SPORT PLC
b.	LEI	213800FWYWBJFJPPJ981
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 Identification Code	Ordinary Shares of 10p each ISIN: GB00BBPV5329
b.	Nature of the transaction	Sale of Ordinary Shares
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.81	79,646
d.	Aggregated information - Aggregated Volume - Price	N/A
e.	Date of the transaction	16 June 2017
f.	Place of the transaction	XLON (AIM)

For further information:

Science in Sport PLC	[phone]
Stephen Moon, CEO
Elizabeth Lake, Finance Director
Cenkos Securities - NOMAD and Broker	[phone]
Bobbie Hilliam
Yellow Jersey PR - Financial PR
Felicity Winkles	[phone]
Harriet Jackson	[phone]

Notes for editors

About Science in Sport plc

Science in Sport plc is a leading sports nutrition company that develops, manufactures and markets sports nutrition products for professional athletes and sports enthusiasts. SiS is a strong brand in the elite athlete community - in the 2016 Rio Olympics, 34 medal-winning athletes or teams used SiS products (compared with 24 in 2012).

The SiS core product ranges include: SiS GO, comprising energy powders, isotonic gels, energy bars and hydration tablets; SiS REGO, including protein-based recovery powders and bars; and SIS Protein, products specifically designed to contribute to athletes' lean muscle mass growth and maintenance. SiS products are sold in a range of retail channels, including specialist sport retailers, major grocers, high street retailers and e-commerce websites.

SiS is currently the official sports nutrition supplier to professional cycling team Team SKY, British Cycling, Cycling Australia, USA Cycling, British Triathlon. SiS is also the official sports nutrition partner to Liverpool FC. In addition, Olympians Sir Chris Hoy MBE, and Katarina Johnson Thomson are Brand Ambassadors and Mark Cavendish MBE is an Elite Sports Consultant to the brand.

SiS was founded in 1992 and is headquartered in Hatton Garden, London. Its manufacturing facility is in Nelson, Lancashire.

SiS shares are traded on the AIM market of the London Stock Exchange under the ticker symbol SIS.

For further information, please visit www.scienceinsport.com

 

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