Issue of Options

RNS Number : 2255F

Scientific Digital Imaging Plc

25 October 2018

 

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 24 October 2018, the Company issued 500,000 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 Jon Abell, Chief Financial Officer of the Company (the "Options").

The Options are exercisable at 38.25 pence, vest on 24 October 2018, and expire on 23 October 2028. Following the issue of Options, Jon has a total of 500,000 options over Ordinary Shares.

Enquiries:

Scientific Digital Imaging plc	01223 320480
Ken Ford, Chairman
Mike Creedon, CEO
Jon Abell, CFO
www.scientificdigitalimaging.com
finnCap Ltd	020 7220 0500
Ed Frisby/Kate Bannatyne - Corporate Finance
Andrew Burdis - Corporate Broking
JW Communications	07818 430877
Julia Wilson - Investor & Public Relations

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

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 through the Synoptics brands (Syngene, Synbiosis, and Synoptics Health), the Atik brands (Atik Cameras, Opus Instruments and QSI), Sentek, Astles Control Systems and Applied Thermal Control. 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	Jon Abell
2.	Reason for the Notification
a)	Position/status	Chief Financial 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
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	Issue of options over Ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 38.25p 500,000
d)	Aggregated information: ·     Aggregated volume ·     Price	See 4c) above
e)	Date of the transaction	Options granted 24 October 2018
f)	Place of the transaction	Outside of a trading venue

 

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