Last checked at 6 Dec 2019 15:01
Judges Scientific plc
(the "Company")
Director/PDMR Shareholding
In accordance with notification obligations under article 19.3 of the Market Abuse Regulation, the Company announces that on 5 December 2019 David Cicurel, CEO, transferred the beneficial interest in 24,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares") to the Shoftim Charitable Trust (the "Charity").
David Cicurel and Ralph Cohen, Non-Executive Director of Judges, are trustees of the Charity. Following this gift David Cicurel is benefically interested in 715,408 Ordinary Shares.
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
Identification code
| Ordinary shares in Judges Scientific plc
GB0032398678
| ||||
b)
| Nature of the transaction
| Gift beneficial interest in 24,000 Ordinary Shares to the Charity. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A (single transaction) | ||||
e)
| Date of the transaction
| 05/12/2019 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
Judges Scientific |
|
| ||||
David Cicurel, CEO Brad Ormsby, Group FD | Tel: +44 (0) 20 3829 6970 |
| ||||
Shore Capital (Nominated Adviser & Joint Broker) |
| |||||
Stephane Auton Edward Mansfield Sarah Mather | Tel: +44 (0) 20 7408 4090 | |||||
Media enquiries: Alma PR (Financial Public Relations) |
Tel: +44 (0) 20 3100 2222 | |||||
Rebecca Sanders-Hewett Sam Modlin | Tel: +44 (0) 20 3865 4219 judges@almapr.co.uk | |||||
Notes to editors:
Judges Scientific plc (AIM: JDG), is a group involved in the buy and build of scientific instrument businesses. The Group currently consists of 17 businesses acquired since it was re-admitted to AIM in 2005.
The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, the scientific communities, manufacturers and regulatory authorities. The UK is a recognised centre of excellence for scientific instruments. The Group has received five Queens' awards for innovation and export.
Judges Scientific maintains a policy to selectively acquire businesses that generate sustainable profits and cash. Shareholder returns are created through the reduction of debt, payment of increasing dividends and through organic growth which the Group encourages by creating an environment for businesses to thrive in, with support and advice for entity management teams.
The Group's companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins.
For further information, please visit www.judges.uk.com