REG - Judges ScientificPLC - Grant of Options

Judges ScientificAnnouncement

24/01/2024 18:00

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RNS Number : 8260A  Judges Scientific PLC  24 January 2024

Judges Scientific plc

 

("Judges Scientific" or the "Company")

 

Grant of Options

Judges Scientific announces that it has issued options over 13,200 new
ordinary shares of 5 pence each in the Company ("Ordinary Shares") at an
exercise price per share of £95.00, being the closing mid price on 23
January 2024.

 

13,200 options have been awarded in total by the Remuneration Committee to
certain of the Directors, as shown in the table below, to retain and
incentivise them. Vesting of the options after three years is subject to the
achievement of 5% compound growth in adjusted earnings per share over the
vesting period, and to continued employment.

 

 Director       Number of options  Option Scheme  Vesting date  Expiry date
 David Cicurel  4,400              Unapproved     23/01/2027    22/01/2034
 Brad Ormsby    4,400              Unapproved     23/01/2027    22/01/2034
 Mark Lavelle   4,400              Unapproved     23/01/2027    22/01/2034

 

-     Ends -

 -      For further information please contact:

 Judges Scientific plc                                        Shore Capital (Nominated Adviser & Joint Broker)

 David Cicurel, CEO                                           Stephane Auton

 Brad Ormsby, CFO                                             Iain Sexton

 Tel: +44 (0) 20 3829 6970                                    Tel: +44 (0) 20 7408 4090

 Liberum (Joint Broker)                                       Investec Bank plc (Joint Broker)

 Edward Mansfield                                             Virginia Bull

 Nikhil Varghese                                              Carlton Nelson

 Tel : +44 (0) 20 3100 2222                                   Tel: +44 (0) 207 597 4000

 Alma (Financial Public Relations)

 Sam Modlin

 Rebecca Sanders-Hewett

 Joe Pederzolli

 Tel: +44 (0) 20 3405 0205

 judges@almastrategic.com (mailto:judges@almastrategic.com)

 

Notes to editors:

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and
developing companies in the scientific instrument sector. The Group consists
of 22 businesses acquired since 2005.

 

The acquired companies are primarily UK-based with products sold worldwide to
a diverse range of markets including: higher education institutions,
scientific research facilities, manufacturers and regulatory authorities. The
UK is a recognised centre of excellence for scientific instruments. The Group
has received five Queen's Awards for innovation and export.

 

The Group's companies predominantly operate in global niche markets, with long
term growth fundamentals and resilient margins.

 

Judges Scientific maintains a policy of selectively acquiring businesses that
generate sustainable profits and cash. Shareholder returns are created through
the reduction of debt, organic growth and dividends.

 

For further information, please visit www.judges.uk.com (//www.judges.uk.com)

 

Judges Scientific plc

Director/PDMR Shareholding

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         David Cicurel

 2    Reason for the 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                                                         Judges Scientific plc

 b)   LEI                                                          2138004EXWWPTW1JOL31

 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 in Judges Scientific plc

      Identification code

                                                                   GB0032398678

 b)   Nature of the transaction                                    Grant of Options

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   9500.0p   4,400

 d)   Aggregated information                                       N/A (single transaction)

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      23/01/24

 f)   Place of the transaction                                     Off market

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A (single transaction)

e)

 

Date of the transaction

 

 

23/01/24

f)

 

Place of the transaction

 

 

Off market

 

Judges Scientific plc

Director/PDMR Shareholding

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Bradley Ormsby

 2    Reason for the notification

 a)   Position/status                                              Group 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                                                         Judges Scientific plc

 b)   LEI                                                          2138004EXWWPTW1JOL31

 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 in Judges Scientific plc

      Identification code

                                                                   GB0032398678

 b)   Nature of the transaction                                    Grant of Options

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   9500.0p   4,400

 d)   Aggregated information                                       N/A (single transaction)

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      23/01/24

 f)   Place of the transaction                                     Off market

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A (single transaction)

e)

 

Date of the transaction

 

 

23/01/24

f)

 

Place of the transaction

 

 

Off market

 

Judges Scientific plc

Director/PDMR Shareholding

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Mark Lavelle

 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                                                         Judges Scientific plc

 b)   LEI                                                          2138004EXWWPTW1JOL31

 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 in Judges Scientific plc

      Identification code

                                                                   GB0032398678

 b)   Nature of the transaction                                    Grant of Options

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   9500.0p   4,400

 d)   Aggregated information                                       N/A (single transaction)

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      23/01/24

 f)   Place of the transaction                                     Off market

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A (single transaction)

e)

 

Date of the transaction

 

 

23/01/24

f)

 

Place of the transaction

 

 

Off market

 

 

 

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