Exercise of Options

RNS Number : 2985P

Scientific Digital Imaging Plc

09 October 2019

 

Scientific Digital Imaging plc

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

Exercise of Options

Scientific Digital Imaging 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 the exercise of share options by Mike Creedon, Chief Executive Officer of the Company over 130,528 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") (the "Exercise").

120,000 of the share options have an exercise price of 21.5 pence and 10,528 of the share options have an exercise price of 20.5 pence. Following the Exercise, Mike Creedon has a total beneficial holding of 442,452 Ordinary Shares representing 0.455 per cent. of the issued share capital of the Company.

The 130,528 Ordinary Shares allotted pursuant to the Exercise have been transferred from the Synoptics Employee Benefit Trust. The Synoptics Employee Benefit Trust will now no longer have a holding in the capital of the Company.

As a result, the issued share capital of the Company will remain unchanged at 97,203,951 Ordinary Shares and the total number of voting rights is also 97,203,951. 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.

FOR FURTHER INFORMATION:

Scientific Digital Imaging plc                                                               01223 727 144

Ken Ford, Chairman

Mike Creedon, Chief Executive Officer

Jon Abell, Chief Financial Officer

www.scientificdigitalimaging.com

finnCap Ltd                                                                                            020 7220 0500

Ed Frisby/Kate Washington - Corporate Finance

Andrew Burdis/Sunila de Silva - ECM

JW Communications                                                                            07818 430 877

Julia Wilson - Investor & Public Relations

About SDI

Scientific Digital Imaging 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 Fistreem.

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.

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	Scientific Digital Imaging 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	Ordinary Shares of 1 pence each
	Identification code	GB00B3FBWW43
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) 21.5p 20.5p 120,000 10,528
d)	Aggregated information: ·      Aggregated volume ·      Price	See 4c) above
e)	Date of the transaction	1 October 2019
f)	Place of the transaction	Outside of a trading venue

 

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