Statement re. potential small acquisition

RNS Number : 9613A

Scientific Digital Imaging Plc

04 January 2018

 

Scientific Digital Imaging plc

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

(AIM: SDI)

Statement re. potential small acquisition

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 it is in negotiations regarding a potential small bolt-on acquisition to complement the Group's existing Atik Cameras brand.

The potential acquisition currently under consideration envisages SDI acquiring the trade and certain assets including camera designs, stock and brand names of Quantum Scientific Imaging, Inc. ("QSI"). Total consideration would be expected to be less than £300,000.

There can be no certainty that the potential acquisition will go ahead, nor as to the final terms or timing. A further announcement will be made as and when appropriate.

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.

 

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