Issue of share options & PDMR dealing
8 October 2020
Science Group plc
(the "Company")
Issue of share options and PDMR dealing
Science Group plc (AIM:SAG) announces that on 7 October 2020 the Company granted options ("Options") over 460,000 ordinary shares in its share capital to 43 employees of the group under the Company's Performance Share Plan as part of the Company's annual option grant.
Each of these Options will 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 2010-2022.
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 |
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a) |
Name: Rebecca Archer |
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2. |
Reason for the notification |
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a) |
Position/status: Finance Director |
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b) |
Initial notification/Amendment: Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name: Science Group plc |
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b) |
LEI: 2138009OJQT79BDB3E93 |
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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 |
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a) |
Description of the financial instrument, type of instrument: Ordinary shares of 1p each. Identification code: GB00B39GTJ17 |
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b) |
Nature of the transaction: Grant of share options |
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c) |
Price(s) and volume(s):
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d) |
Aggregated information: · Aggregated volume: 20,000 · Price: £200 |
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e) |
Date of the transaction: 2020-10-07 |
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f) |
Place of the transaction: AIMX |
1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name: Sarah Cole |
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2. |
Reason for the notification |
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a) |
Position/status: Group Legal Counsel & Company Secretary |
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b) |
Initial notification/Amendment: Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name: Science Group plc |
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b) |
LEI: 2138009OJQT79BDB3E93 |
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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 |
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|
a) |
Description of the financial instrument, type of instrument: Ordinary shares of 1p each. Identification code: GB00B39GTJ17 |
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b) |
Nature of the transaction: Acquisition of shares following exercise of share options |
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c) |
Price(s) and volume(s):
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d) |
Aggregated information: · Aggregated volume: 20,000 · Price: £200 |
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e) |
Date of the transaction: 2020-10-07 |
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f) |
Place of the transaction: AIMX |
1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name: Daniel Edwards |
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2. |
Reason for the notification |
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a) |
Position/status: Group Managing Director |
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b) |
Initial notification/Amendment: Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name: Science Group plc |
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b) |
LEI: 2138009OJQT79BDB3E93 |
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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 |
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b) |
Nature of the transaction: Acquisition of shares following exercise of share options |
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c) |
Price(s) and volume(s):
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d) |
Aggregated information: · Aggregated volume: 40,000 · Price: £400 |
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e) |
Date of the transaction: 2020-10-07 |
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|
f) |
Place of the transaction: AIMX |
- Ends -
For further information:
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Science Group plc |
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Sarah Cole, Company Secretary |
Tel: +44 (0) 1223 875 200 |
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www.sciencegroup.com |
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Stifel Nicolaus Europe Limited (Nominated Adviser and Joint Broker) |
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Nick Adams, Alex Price |
Tel: +44 (0) 20 7710 7600 |
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Liberum Capital Limited (Joint Broker) |
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Neil Patel, Cameron Duncan |
Tel: +44 (0) 20 3100 2000 |
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