REG - SDI Group PLC - Share Option Awards

SDIAnnouncement

27/09/2024 07:00

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RNS Number : 8976F  SDI Group PLC  27 September 2024

SDI Group plc

("SDI", the "Company" or the "Group")

 

Share Option Awards

SDI Group plc, the AIM quoted Group focused on the design and manufacture of
products for use in the lab equipment, industrial & scientific sensors and
the industrial & scientific products markets, announces details of the
grant of share option awards on 26 September 2024 to the Company's Executive
Directors. 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 2024 granted under the Company's Unapproved (2008) Share Option
scheme. The other award is a performance based LTIP award granted under the
Company's Long Term Incentive Plan 2018 ("LTIP") (together the "Grants").

The deferred bonus awards have an exercise price per share of 1 pence and are
ordinarily exercisable from three years 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 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 and are subject to claw back and malus provisions. The
performance conditions for the awards are linked to the Company's growth in
EPS and total shareholder return.

The following awards have been made:

 Name           Role                      LTIP award        Deferred bonus award  Vesting Date        Total options following the Grants

                                          (no. of shares)                                             (no of shares)

                                                            (no. of shares)

 Stephen Brown  Chief Executive Officer   455,158           81,562                27 September 2027   786,720

 Ami Sharma     Chief Financial Officer   389,312           64,860                27 September 2027   865,228

 

  Enquiries:

     SDI Group plc                                        +44 (0)1223 727144

     Stephen Brown, Chief Executive Officer               www.sdigroup.com (http://www.sdigroup.com)

     Amitabh Sharma, Chief Financial Officer

     Cavendish Capital Markets Ltd (NOMAD & broker)       +44 (0)20 7220 0500

     Ed Frisby / Seamus Fricker - Corporate Finance

     Andrew Burdis / Sunila de Silva - ECM

     Vigo Consulting (Financial Communications)           +44 (0)20 7390 0230

     Tim McCall / Rozi Morris / Fiona Hetherington        SDIGroup@vigoconsulting.com (mailto:SDIGroup@vigoconsulting.com)

About SDI Group plc:

SDl Group plc, specialises in the acquisition and development of companies
that design and manufacture products for use in the lab equipment, industrial
& scientific sensors and the industrial & scientific products markets.
SDI's current portfolio of 14 companies target markets including life
sciences, healthcare, astronomy, plastics and packaging, manufacturing,
precision optics, measurement instrumentation and art conservation.

SDI's growth strategy is twofold: 1) through the enhancement of its portfolio
companies (organic growth) and, 2) through the identification and acquisition
of complementary, niche technology businesses with established reputations in
global markets (inorganic growth).

For more information, please see: www.SDIGroup.com (http://www.SDIGroup.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 Scientific Digital Imaging
                                                                  plc Unappoved (2008) Share Option scheme.

                                                                  2.   Grant of a LTIP award under the Scientific Digital Imaging plc Long
                                                                  Term Incentive Plan 2018.

                                                                  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)                                       Exercise Price (s)  Volume(s)
                                                                  1.   1p             81,562
                                                                  2.   1p             455,158
 d)  Aggregated information:                                       As in 4 c) above

·         Aggregated volume

     ·         Price
 e)  Date of the transaction                                      26 September 2024
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information:

·         Aggregated volume

·         Price

 As in 4 c) above

e)

Date of the transaction

26 September 2024

f)

Place of the transaction

Outside a trading venue

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Ami 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 Scientific Digital Imaging
                                                                  plc Unappoved (2008) Share Option scheme.

                                                                  2.   Grant of a LTIP award under the Scientific Digital Imaging plc Long
                                                                  Term Incentive Plan 2018.

                                                                  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)                                       Exercise Price (s)  Volume(s)
                                                                  1p                  64,860
                                                                  1p                  389,312
 d)  Aggregated information:                                       As in 4 c) above

·         Aggregated volume

     ·         Price
 e)  Date of the transaction                                      26 September 2024
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information:

·         Aggregated volume

·         Price

 As in 4 c) above

e)

Date of the transaction

26 September 2024

f)

Place of the transaction

Outside a trading venue

 

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