Grant of Share Option Awards
25/09/2025 07:00
RNS Number : 7157A
SDI Group PLC
25 September 2025
SDI Group plc
("SDI", the "Company" or the "Group")
Grant of Share Option Awards
25 September 2025 - SDI Group plc, the buy and build group, focused on companies which design and manufacture specialist lab equipment, industrial and scientific sensors and industrial & scientific products, announces details of the grant of share option awards on 24 September 2025 to the Company's Executive Directors in respect of Ordinary Shares of 1p each in the Company. Two separate awards were granted to each Executive Director.
One award is a deferred bonus award in respect of SDI's financial year ended 30 April 2025 granted under the Company's Long Term Incentive Plan 2025. The other award is a performance based LTIP award, also granted under the Company's Long Term Incentive Plan 2025 ("LTIP") (together, the "Grants").
The deferred bonus awards have an exercise price per share of 1 pence and are exercisable one year from grant and have no performance conditions.
The LTIP awards have an exercise price per share of 1 pence and are ordinarily exercisable three year from grant subject to continued service and to the extent that performance conditions measured over a 3-year performance period are met. The LTIP awards are also subject to net of tax post vesting holding period to be determined by the Remuneration Committee. The performance conditions for the awards are linked to the Company's growth in EPS and total shareholder return.
Each of the awards are subject to the rules of the LTIP including its good/bad leaver terms and its malus and claw back provisions.
The following awards have been made:
| Name | Role | LTIP award (no. of shares) | Vesting Date | Deferred bonus award (no. of shares) | Vesting Date | Total options following the Grants (no of shares) |
| Stephen Brown | Chief Executive Officer | 312,121 | 25 September 2028 | 191,287 | 24 September 2026 | 1,290,128 |
| Amitabh Sharma | Chief Financial Officer | 267,070 | 25 September 2028 | 163,614 | 24 September 2026 | 1,084,856 |
| Enquiries: | ||
| SDI Group plc Stephen Brown, Chief Executive Officer Amitabh Sharma, Chief Financial Officer | +44 (0)1223 727144 www.sdigroup.com | |
| Cavendish Capital Markets Ltd (NOMAD & broker) Ed Frisby / Seamus Fricker - Corporate Finance Andrew Burdis / Sunila de Silva - ECM | +44 (0)20 7220 0500 | |
| Vigo Consulting (Financial Communications) Tim McCall / Rozi Morris / Fiona Hetherington | +44 (0)20 7390 0230 SDIGroup@vigoconsulting.com | |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Stephen Brown | ||||||
| 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 | SDI Group plc | ||||||
| b) | LEI | 213800YA3XW7JRE46Z70 | ||||||
| 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 | GB00B3FBWW43 | |||||||
| b) | Nature of the transaction | 1. Grant of a deferred bonus award under the SDI Group plcLong Term Incentive Plan 2025. 2. Grant of a LTIP award under the SDI Group plc Long Term Incentive Plan 2025. Each award is structured as an option over Ordinary Shares and have an associated exercise price of 1 pence per Ordinary Share. | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information: · Aggregated volume · Price | 503,408 Nil | ||||||
| e) | Date of the transaction | 24 September 2025 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Amitabh Sharma | ||||||
| 2. | Reason for the Notification | |||||||
| a) | Position/status | Chief Financial Officer | ||||||
| b) | Initial notification/Amendment | Initial notification | ||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | SDI Group plc | ||||||
| b) | LEI | 213800YA3XW7JRE46Z70 | ||||||
| 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 | GB00B3FBWW43 | |||||||
| b) | Nature of the transaction | 1. Grant of a deferred bonus award under the SDI Group plcLong Term Incentive Plan 2025. 2. Grant of a LTIP award underthe SDI Group plcLong Term Incentive Plan 2025. Each award is structured as an option over Ordinary Shares and have an associated exercise price of 1 pence per Ordinary Share. | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information: · Aggregated volume · Price | 430,684 Nil | ||||||
| e) | Date of the transaction | 24 September 2025 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||