REG - SDI Group PLC - Exercise of Options, Director Shareholding & TVR

SDIAnnouncement

27/05/2021 17:35

RNS Number : 1024A
  
SDI Group PLC
  
27 May 2021
  
 

 
SDI Group plc 
 
("SDI", the "Company", or the "Group") 
 
Exercise of Share Options, Director Shareholding and Total Voting Rights
SDI Group plc, the AIM quoted group focused on the design and manufacture of scientific and technology products for use in digital imaging and sensing and control applications, announces that it has issued and allotted a total of 650,000 new ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") following the exercise of options by Mike Creedon, Chief Executive Officer.  
Following this exercise, Mr Creedon subsequently sold 650,000 Ordinary Shares at a price of 185 pence per share on 27 May 2021. Following the above transactions, Mike Creedon holds 442,452 Ordinary Shares representing approximately 0.45 per cent of the Company's total issued share capital.
Application has been made to the London Stock Exchange for the 650,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 3 June 2021.
After Admission, the total number of Ordinary Shares in issue will be 99,058,164 and the total number of voting rights will therefore be 99,058,164. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
 
Enquiries
SDI Group plc                                                                                   01223 727144
Ken Ford, Chairman
Mike Creedon, CEO 
Jon Abell, CFO
 
finnCap Ltd                                                                                        020 7220 0500
Ed Frisby/Kate Bannatyne - Corporate Finance
Andrew Burdis/Sunila de Silva - ECM
 
JW Communications                                                                     07818 430 877
Julia Wilson - Investor & Public Relations
 
About SDI Group plc:
SDI designs and manufactures scientific and technology products for use in digital imaging and sensing and control applications including life sciences, healthcare, astronomy, manufacturing, precision optics and art conservation. SDI operates through its company divisions: Atik Cameras, Synoptics, Graticules Optics, Sentek, Astles Control Systems, Applied Thermal Control, MPB Industries, Chell Instruments and Monmouth Scientific.
SDI continues to grow by developing its own technology advancements and by improving its global sales channels, as well as through pursuing strategic, complementary acquisitions. www.thesdigroup.net 
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU No. 596/2014) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
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




a)


Name


Mike Creedon 




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


1p Ordinary shares 




Identification code


GB00B3FBWW43




b)


Nature of the transaction


Exercise of Options and Sale of Ordinary shares




c)


Price(s) and volume(s)









Price(s)


Volume(s)




Exercise of Options 


0.2050


89,472




Exercise of Options 


0.2450


560,528




Sale of Ordinary Shares 


185


650,000








d)


Aggregated information:

·       Aggregated volume
·       Price



 
As above
 




e)


Date of the transaction


27 May 2021




f)


Place of the transaction


London Stock Exchange, AIM Market (XLON)



 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
DSHUBUNRAKUVUAR