("SDI", the "Company" or the "Group")
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 control applications, announces that on 21 July 2020, it was notified that on that same day, Ken Ford, Chairman of the Company, transferred 300,000 ordinary shares of 1p each in the Company ("Ordinary Shares") to Mintonview Limited, an investment company wholly owned by Mr Ford.
Following this transaction, Mr Ford's total beneficial interest in the Company remains unchanged at 1,250,000 Ordinary Shares, representing 1.28% of the total issued share capital.
FOR FURTHER INFORMATION
SDI Group plc Ken Ford, Chairman Mike Creedon, Chief Executive Officer Jon Abell, Chief Financial Officer www.thesdigroup.net |
01223 727144 |
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finnCap Ltd Ed Frisby/Kate Bannatyne - Corporate Finance Andrew Burdis/Sunila de Silva - ECM |
020 7220 0500 |
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JW Communications Julia Wilson - Investor & Public Relations |
07818 430 877 |
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 and Chell Instruments.
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.
The notification below, made in accordance with requirements of the EU Market Abuse Regulation, provides further details.
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 |
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a) |
Name |
Ken Ford |
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2. |
Reason for the Notification |
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a) |
Position/status |
Chairman |
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b) |
Initial notification/Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
SDI Group plc |
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b) |
LEI |
213800YA3XW7JRE46Z70 |
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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 |
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a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of 1p each ("Ordinary Shares") |
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Identification code |
GB00B3FBWW43 |
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b) |
Nature of the transaction |
Sale of shares by Ken Ford and immediate repurchase by Mintonview Limited, an investment company wholly owned by Mr Ford |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information: · Aggregated volume · Price |
N/A |
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e) |
Date of the transaction |
21 July 2020 |
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f) |
Place of the transaction |
London Stock Exchange, AIM Market (XLON) |