Issue of Share Options and PDMR Dealing

RNS Number : 0483Q

Science Group PLC

07 September 2017

 

7 September 2017

Science Group plc

(the "Company")

Issue of share options and PDMR dealing

Science Group plc (AIM:SAG) announces that on 6 September2017 the Company granted options ("Options") over 295,000 ordinary shares in its share capital to 30 employees of the group under the Company's Performance Share Plan. 

Each of these Options vest after three years from the date of issue and are exercisable at the nominal value of the share of 1 pence per share for a period of seven years from vesting, provided that certain performance conditions have been satisfied.  The Options may vest subject to the achievement of Earnings per Share growth targets in each of the three financial years 2017-2020.

Details of Director and other PDMR option awards are included in the disclosure notices below.  Save for the below, the Directors' beneficial interests in the share capital of the Company remain unchanged and as previously announced.

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: Rebecca Hemsted
2.	Reason for the notification
a)	Position/status: Finance Director
b)	Initial notification/Amendment:  Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name: Science Group plc
b)	LEI: 2138009OJQT79BDB3E93
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 1p each. Identification code: GB00B39GTJ17
b)	Nature of the transaction: Grant of share options
c)	Price(s) and volume(s): Price(s) Volume(s) 1p 25,000
d)	Aggregated information: ·      Aggregated volume: 25,000 ·      Price: £250
e)	Date of the transaction:  2017-09-06
f)	Place of the transaction: XLON

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Sarah Cole
2.	Reason for the notification
a)	Position/status: Group Legal Counsel & Company Secretary
b)	Initial notification/Amendment:  Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name: Science Group plc
b)	LEI: 2138009OJQT79BDB3E93
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 1p each. Identification code: GB00B39GTJ17
b)	Nature of the transaction: Acquisition of shares following exercise of share options
c)	Price(s) and volume(s): Price(s) Volume(s) 1p 25,000
d)	Aggregated information: ·      Aggregated volume: 25,000 ·      Price: £250
e)	Date of the transaction:  2017-09-06
f)	Place of the transaction: XLON

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Daniel Edwards
2.	Reason for the notification
a)	Position/status: Group Commercial Director
b)	Initial notification/Amendment:  Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name: Science Group plc
b)	LEI: 2138009OJQT79BDB3E93
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 1p each. Identification code: GB00B39GTJ17
b)	Nature of the transaction: Acquisition of shares following exercise of share options
c)	Price(s) and volume(s): Price(s) Volume(s) 1p 25,000
d)	Aggregated information: ·      Aggregated volume: 25,000 ·      Price: £250
e)	Date of the transaction:  2017-09-06
f)	Place of the transaction: XLON

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Tamara Kahn
2.	Reason for the notification
a)	Position/status: Group Strategic Director
b)	Initial notification/Amendment:  Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name: Science Group plc
b)	LEI: 2138009OJQT79BDB3E93
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 1p each. Identification code: GB00B39GTJ17
b)	Nature of the transaction: Acquisition of shares following exercise of share options
c)	Price(s) and volume(s): Price(s) Volume(s) 1p 25,000
d)	Aggregated information: ·      Aggregated volume: 25,000 ·      Price: £250
e)	Date of the transaction:  2017-09-06
f)	Place of the transaction: XLON

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Andrew Diston
2.	Reason for the notification
a)	Position/status: Group Science & Technology Director
b)	Initial notification/Amendment:  Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name: Science Group plc
b)	LEI: 2138009OJQT79BDB3E93
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 1p each. Identification code: GB00B39GTJ17
b)	Nature of the transaction: Acquisition of shares following exercise of share options
c)	Price(s) and volume(s): Price(s) Volume(s) 1p 25,000
d)	Aggregated information: ·      Aggregated volume: 25,000 ·      Price: £250
e)	Date of the transaction:  2017-09-06
f)	Place of the transaction: XLON

- Ends -

For further information:

Science Group plc
Martyn Ratcliffe, Chairman	Tel: [phone]
Rebecca Hemsted, Finance Director

Numis Securities Limited
Nominated Adviser: Simon Willis / Paul Gillam	Tel: [phone]
Corporate Broking: Michael Burke

 

END

 

 

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