Information  X 
Enter a valid email address

SDI Group PLC (SDI)

  Print   

Friday 03 September, 2021

SDI Group PLC

Exercise of Options, Director Shareholding and TVR

RNS Number : 7040K
SDI Group PLC
03 September 2021
 

 

SDI Group plc

 

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

 

Exercise of Share Options, Director Shareholding and Total Voting Rights

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 and control applications, announces that it has issued and allotted a total of 500,000 new ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") following the exercise of options by Ken Ford, Chairman. 

Following this exercise, Mr Ford subsequently sold 250,000 Ordinary Shares at a price of 188 pence per share on 3 September 2021. As a result of the above transactions, Ken Ford now has a beneficial interest in 1,000,000 Ordinary Shares representing approximately 1.00 per cent of the Company's total issued share capital.

Application has been made to the London Stock Exchange for the 500,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 9 September 2021.

After Admission, the total number of Ordinary Shares in issue will be 99,558,164 and the total number of voting rights will therefore be 99,558,164. 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.  

 

Enquiries

SDI Group plc   01223 727144

Ken Ford, Chairman

Mike Creedon, CEO

Jon Abell, CFO

 

finnCap Ltd   020 7220 0500

Ed Frisby/Kate Bannatyne/Milesh Hindocha - Corporate Finance

Andrew Burdis/Sunila de Silva - ECM

 

JW Communications   07818 430 877

Julia Wilson - Investor & Public Relations

 

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, Chell Instruments, Monmouth Scientific and Uniform Engineering.

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. www.thesdigroup.net  

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU No. 596/2014) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

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

a)

Name

Ken Ford

2.

Reason for the Notification

a)

Position/status

Chairman

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

SDI Group 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

1p Ordinary shares

Identification code

GB00B3FBWW43

b)

Nature of the transaction

Exercise of Options and Sale of Ordinary shares

c)

Price(s) and volume(s)


Price(s)

Volume(s)

Exercise of Options

24

500,000

Sale of Ordinary Shares

188

250,000

d)

Aggregated information:

· Aggregated volume

· Price

 

As above

 

e)

Date of the transaction

 3 September 2021

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHSSUFSDEFSEFU

a d v e r t i s e m e n t