Treasury shares issued & PDMR dealing(Replacement)
15 March 2018
Science Group plc
(the "Company")
Treasury shares issued and PDMR dealing Correcting announcement
The Company's announcement released on 14 March 2018 at 07.00 under RNS No 6261H in respect of a notification of treasury shares issued and PDMR dealing incorrectly stated the Company issued 715,295 treasury shares at an average price per of 15 pence per share. This should have read 682,795 treasury shares at an average price of 16 pence per share, resulting in changes to the total number of ordinary shares in issue (excluding treasury shares), shares held in treasury, and directors' shareholdings as a percentage of the total issued share capital of the Company.
The full amended announcement is shown below and all other details contained in the announcement remain unchanged.
Science Group plc
(the "Company")
Treasury shares issued and PDMR dealing
Science Group plc (AIM:SAG) announces that on 13 March 2018 the Company issued 682,795 treasury shares at an average price of 16 pence per share in settlement of the exercise of share options. As part of this transaction:
· Rebecca Archer, Director, acquired 125,000 ordinary shares in the Company at a price of 1 pence per share. On the same day, Rebecca Archer subsequently disposed of 65,000 ordinary shares in the Company at a price of 216 pence per share.
· Sarah Cole, PDMR, acquired 37,500 ordinary shares in the Company at a price of 1 pence per share. On the same day, Sarah Cole subsequently disposed of 27,500 ordinary shares in the Company at a price of 216 pence per share.
· Tamara Kahn, PDMR, acquired 50,000 ordinary shares in the Company at a price of 1 pence per share. On the same day Tamara Kahn subsequently disposed of 44,500 ordinary shares in the Company at a price of 216 pence per share.
The total number of ordinary shares in issue (excluding treasury shares) following this announcement is 40,049,923. The Company holds 2,012,112 shares in treasury.
As a result of these transactions, the following directors' shareholdings as a percentage of the total issued share capital of the Company (excluding those shares held in treasury) have changed as follows:
|
|
No. of shares held |
% holding of ISC (exc treasury) |
|
Martyn Ratcliffe |
13,412,906 |
33.49% |
|
David Courtley |
375,000 |
0.94% |
|
Rebecca Archer |
60,000 |
0.15% |
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: Acquisition of shares following exercise of share options |
||||
|
c) |
Price(s) and volume(s):
|
||||
|
d) |
Aggregated information: · Aggregated volume: 125,000 · Price: £1,250 |
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|
e) |
Date of the transaction: 2018-03-13 |
||||
|
f) |
Place of the transaction: XLON |
1. |
Details of the person discharging managerial responsibilities/person closely associated |
||||
|
a) |
Name: Rebecca Archer |
||||
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: Disposal of shares |
||||
|
c) |
Price(s) and volume(s):
|
||||
|
d) |
Aggregated information: · Aggregated volume: 65,000 · Price: £140,400 |
||||
|
e) |
Date of the transaction: 2018-03-13 |
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|
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):
|
||||
|
d) |
Aggregated information: · Aggregated volume: 37,500 · Price: £375 |
||||
|
e) |
Date of the transaction: 2018-03-13 |
||||
|
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: Disposal of shares |
||||
|
c) |
Price(s) and volume(s):
|
||||
|
d) |
Aggregated information: · Aggregated volume: 27,500 · Price: £59,400 |
||||
|
e) |
Date of the transaction: 2018-03-13 |
||||
|
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: Chief Operating 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 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):
|
||||
|
d) |
Aggregated information: · Aggregated volume: 50,000 · Price: £500 |
||||
|
e) |
Date of the transaction: 2018-03-13 |
||||
|
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: Chief Operating 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 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: Disposal of shares |
||||
|
c) |
Price(s) and volume(s):
|
||||
|
d) |
Aggregated information: · Aggregated volume: 44,500 · Price: £96,120 |
||||
|
e) |
Date of the transaction: 2018-03-13 |
||||
|
f) |
Place of the transaction: XLON |
- Ends -
For further information:
|
Science Group plc |
|
|
Martyn Ratcliffe, Chairman |
Tel: +44 (0) 1223 875 200 |
|
Rebecca Hemsted, Finance Director |
|
|
Numis Securities Limited |
|
|
Nominated Adviser: Simon Willis / Paul Gillam |
Tel: +44 (0) 20 7260 1000 |
|
Corporate Broking: Michael Burke |
|
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|
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This information is provided by RNS
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