Exercise of Options, Director Shareholding & TVR

RNS Number : 1024A

SDI Group PLC

27 May 2021

 

SDI Group plc

("SDI", the "Company", or the "Group")

Exercise of Share Options, Director Shareholding and Total Voting Rights

SDI Group plc, the AIM quoted group focused on the design and manufacture of scientific and technology products for use in digital imaging and sensing and control applications, announces that it has issued and allotted a total of 650,000 new ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") following the exercise of options by Mike Creedon, Chief Executive Officer. 

Following this exercise, Mr Creedon subsequently sold 650,000 Ordinary Shares at a price of 185 pence per share on 27 May 2021. Following the above transactions, Mike Creedon holds 442,452 Ordinary Shares representing approximately 0.45 per cent of the Company's total issued share capital.

Application has been made to the London Stock Exchange for the 650,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 3 June 2021.

After Admission, the total number of Ordinary Shares in issue will be 99,058,164 and the total number of voting rights will therefore be 99,058,164. This figure 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries

SDI Group plc   01223 727144

Ken Ford, Chairman

Mike Creedon, CEO

Jon Abell, CFO

finnCap Ltd   020 7220 0500

Ed Frisby/Kate Bannatyne - Corporate Finance

Andrew Burdis/Sunila de Silva - ECM

JW Communications   07818 430 877

Julia Wilson - Investor & Public Relations

About SDI Group plc:

SDI designs and manufactures scientific and technology products for use in digital imaging and sensing and control applications including life sciences, healthcare, astronomy, manufacturing, precision optics and art conservation. SDI operates through its company divisions: Atik Cameras, Synoptics, Graticules Optics, Sentek, Astles Control Systems, Applied Thermal Control, MPB Industries, Chell Instruments and Monmouth Scientific.

SDI continues to grow by developing its own technology advancements and by improving its global sales channels, as well as through pursuing strategic, complementary acquisitions. www.thesdigroup.net  

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU No. 596/2014) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

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	Mike Creedon
2.	Reason for the Notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SDI Group plc
b)	LEI	213800YA3XW7JRE46Z70
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	1p Ordinary shares
	Identification code	GB00B3FBWW43
b)	Nature of the transaction	Exercise of Options and Sale of Ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Exercise of Options 0.2050 89,472 Exercise of Options 0.2450 560,528 Sale of Ordinary Shares 185 650,000
d)	Aggregated information: · Aggregated volume · Price	As above
e)	Date of the transaction	27 May 2021
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

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