Issue of Options

RNS Number : 6314P

Scientific Digital Imaging Plc

01 September 2017

 

Scientific Digital Imaging plc

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

(AIM: SDI)

Issue of Options

Scientific Digital Imaging plc, the AIM quoted group focused on the design and manufacture of scientific and technology products for use by the life science, healthcare, astronomy, consumer manufacturing and art conservation markets, announces that on 30 August 2017, the Company issued a total of 1,750,000 options to subscribe for new ordinary shares of 1 pence each ("Ordinary Shares") in the Company, under the existing Scientific Digital Imaging plc Enterprise Management Incentive Option scheme, to certain directors of the Company (the "Options").

The Options are exercisable at 24.5 pence, vested subject to certain performance conditions on 30 August 2017, and expire on 29 August 2027. Details of the awards are as follows:

Director	Options Issued	Total Options Held Post Issue
Ken Ford	500,000	500,000
Mike Creedon	1,000,000	1,385,000
Isabel Napper	250,000	250,000

Enquiries:

Scientific Digital Imaging plc	01223 727144
Ken Ford, Chairman
Mike Creedon, CEO
www.scientificdigitalimaging.com
finnCap Ltd	020 7220 0500
Ed Frisby/Kate Bannatyne - Corporate Finance
Mia Gardner/Camille Gochez - Corporate Broking
JW Communications	07818 430877
Julia Wilson - Investor & Public Relations

About SDI:

Scientific Digital Imaging plc designs and manufactures scientific and technology products for use in applications including life sciences, healthcare, astronomy, consumer manufacturing and art conservation. SDI intends to continue to grow through its own technology advancements as well as strategic, complementary acquisitions.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ken Ford - Chairman Mike Creedon - Chief Executive Officer Isabel Napper - Non-Executive Director
2.	Reason for the Notification
a)	Position/status	See 1a) above
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
b)	LEI	n/a
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	Issue of options over ordinary shares
c)	Price(s) and volume(s)	Director Price(s) Volume(s) Ken Ford Mike Creedon Isabel Napper 24.5p 24.5p 24.5p 500,000 1,000,000 250,000
d)	Aggregated information: ·     Aggregated volume ·     Price	See 4c) above
e)	Date of the transaction	Options granted 30 August 2017
f)	Place of the transaction	Outside of a trading venue

 

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