PDMR Dealings Grant of Options

RNS Number : 5327I

Science in Sport PLC

22 March 2018

 

22 March 2018

SCIENCE IN SPORT PLC

("SiS" or the "Company")

PDMR Dealings - Grant of Options

Science in Sport plc (AIM: SIS), a leading sports nutrition company that develops, manufactures and markets sports nutrition produces for professional athletes and sports enthusiasts announces that it has made awards in the form of nil cost options under the terms of the Company's long term incentive plan ("LTIP") and short term incentive plan ("STIP") including to persons discharging managerial responsibility ("PDMRs") for the purposes of the Market Abuse Regulation ("MAR").  Details of the awards to PDMRs are set out below together with the information required under MAR in respect of PDMR dealings.

Under the LTIP, options have been awarded to PDMRs in respect of 218,579 ordinary shares. The awards will only vest on the achievement of certain performance conditions over the 2018 financial year.  

Awards of options under the STIP have been made to PDMRs in respect of 123,550 ordinary shares. There are no outstanding performance conditions in respect of these options and they are expected to become exercisable from the end of March 2018.

Name	Position	LTIP	STIP
Stephen Moon	Chief Executive Officer	-	81,806
Elizabeth Lake	Finance Director	-	29,244
Mark McKechnie	Commercial Director International	116,120	1,571
David Schofield	Supply Chain Director	102,459	-
Edward Brady	Group Financial Controller	-	10,929
	Totals	218,579	123,550

For further information:

Science in Sport PLC	[phone]
Stephen Moon, CEO
Elizabeth Lake, Finance Director
Cenkos Securities - NOMAD and Broker	[phone]
Bobbie Hilliam

Notes for editors

About Science in Sport plc

Science in Sport plc is a leading sports nutrition company that develops, manufactures and markets sports nutrition products for professional athletes and sports enthusiasts. SiS is a strong brand in the elite athlete community - in the 2016 Rio Olympics, 34 medal-winning athletes or teams used SiS products (compared with 24 in 2012).

The SiS core product ranges include: SiS GO, comprising energy powders, isotonic gels, energy bars and shots; SiS REGO, including protein-based recovery powders; SiS Protein, products specifically designed to contribute to athletes' lean muscle mass growth and maintenance; SiS Supplements, comprising BCAA Perform, Creatine, Beta Alanine and L Glutamine; SiS Athlete Health, vitamins and supplements range designed to support and maintain immune function, digestive health and bone health.  SiS products are sold in a range of retail channels, including specialist sport retailers, major grocers, high street retailers and e-commerce websites.

SiS is currently the official sports nutrition partner to professional cycling organisations Team SKY, British Cycling, Cycling Australia and USA Cycling. SiS is also a partner to British Triathlon & USA Triathlon. Along with supplying over 40 professional English & Scottish League football teams, SiS is Sports Nutrition Partner to the world's most popular football club, Manchester United FC. In addition, Olympians Sir Chris Hoy MBE, Mark Cavendish MBE and Adam Peaty MBE are Brand Ambassadors.

SiS was founded in 1992 and is headquartered in Hatton Garden, London. Its manufacturing facility is in Nelson, Lancashire.

SiS shares are traded on the AIM market of the London Stock Exchange under the ticker symbol SIS.

For further information, please visit www.scienceinsport.com

1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Stephen Moon
2	Reason for notification
a.	Position/Status	Chief Executive Officer
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	SCIENCE IN SPORT PLC
b.	LEI	213800FWYWBJFJPPJ981
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 Identification Code	Ordinary Shares of 10p each ISIN: GB00BBPV5329
b.	Nature of the transaction	Grant of nil cost options under the Company's short-term incentive plan
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil Cost	81,806
d.	Aggregated information - Aggregated Volume - Price	N/A
e.	Date of the transaction	2018-03-21
f.	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Elizabeth Lake
2	Reason for 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 IN SPORT PLC
b.	LEI	213800FWYWBJFJPPJ981
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 Identification Code	Ordinary Shares of 10p each ISIN: GB00BBPV5329
b.	Nature of the transaction	Grant of nil cost options under the Company's short-term incentive plans
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil Cost	29,244
d.	Aggregated information - Aggregated Volume - Price	N/A
e.	Date of the transaction	2018-03-21
f.	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Mark McKechnie
2	Reason for notification
a.	Position/Status	Head of E-Commerce
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	SCIENCE IN SPORT PLC
b.	LEI	213800FWYWBJFJPPJ981
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 Identification Code	Ordinary Shares of 10p each ISIN: GB00BBPV5329
b.	Nature of the transaction	Grant of nil cost options under the Company's long and short-term incentive plans
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil Cost	117,691
d.	Aggregated information - Aggregated Volume - Price	N/A
e.	Date of the transaction	2018-03-21
f.	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	David Schofield
2	Reason for notification
a.	Position/Status	Supply Chain 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 IN SPORT PLC
b.	LEI	213800FWYWBJFJPPJ981
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 Identification Code	Ordinary Shares of 10p each ISIN: GB00BBPV5329
b.	Nature of the transaction	Grant of nil cost options under the Company's long-term incentive plan
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil Cost	102,459
d.	Aggregated information - Aggregated Volume - Price	N/A
e.	Date of the transaction	2018-03-21
f.	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Edward Brady
2	Reason for notification
a.	Position/Status	Group Financial Controller
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	SCIENCE IN SPORT PLC
b.	LEI	213800FWYWBJFJPPJ981
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 Identification Code	Ordinary Shares of 10p each ISIN: GB00BBPV5329
b.	Nature of the transaction	Grant of nil cost options under the Company's short-term incentive plan
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil Cost	10,929
d.	Aggregated information - Aggregated Volume - Price	N/A
e.	Date of the transaction	2018-03-21
f.	Place of the transaction	Outside a trading venue

 

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