Issue of Options

RNS Number : 6314P
Scientific Digital Imaging Plc
01 September 2017
 

 

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 30 August 2017, the Company issued a total of 1,750,000 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 certain directors of the Company (the "Options").

 

The Options are exercisable at 24.5 pence, vested subject to certain performance conditions on 30 August 2017, and expire on 29 August 2027. Details of the awards are as follows:

 

Director

Options Issued

Total Options Held Post Issue

 

Ken Ford

500,000

500,000

Mike Creedon

1,000,000

1,385,000

Isabel Napper

250,000

250,000

 

 

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.

 

 

1.           

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ken Ford - Chairman

Mike Creedon - Chief Executive Officer

Isabel Napper - Non-Executive Director

2.           

Reason for the Notification

a)

Position/status

See 1a) above

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

n/a

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)

Director

Price(s)

Volume(s)

Ken Ford

Mike Creedon

Isabel Napper

24.5p

24.5p

24.5p

500,000

1,000,000

250,000

 

d)

Aggregated information:

·     Aggregated volume

·     Price

 

See 4c) above

e)

Date of the transaction

Options granted 30 August 2017

f)

Place of the transaction

Outside of a trading venue

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHZFLFBDKFBBBL

Companies

SDI Group (SDI)
UK 100

Latest directors dealings