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Pin to quick picksSDI Group Regulatory News (SDI)

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Director Dealing

21 Jul 2020 10:51

RNS Number : 6301T
SDI Group PLC
21 July 2020
 

SDI Group plc

 

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

 

Director Dealing

 

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 control applications, announces that on 21 July 2020, it was notified that on that same day, Ken Ford, Chairman of the Company, transferred 300,000 ordinary shares of 1p each in the Company ("Ordinary Shares") to Mintonview Limited, an investment company wholly owned by Mr Ford.

 

Following this transaction, Mr Ford's total beneficial interest in the Company remains unchanged at 1,250,000 Ordinary Shares, representing 1.28% of the total issued share capital.

 

 

FOR FURTHER INFORMATION

SDI Group plc

Ken Ford, Chairman

Mike Creedon, Chief Executive Officer

Jon Abell, Chief Financial Officer

www.thesdigroup.net

01223 727144

finnCap Ltd

Ed Frisby/Kate Bannatyne - Corporate Finance

Andrew Burdis/Sunila de Silva - ECM

020 7220 0500

JW Communications

Julia Wilson - Investor & Public Relations

 

07818 430 877

 

 

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 and Chell Instruments.

 

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.

 

 

The notification below, made in accordance with requirements of the EU Market Abuse Regulation, provides further details.

 

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

Ken Ford

2.

Reason for the Notification

a)

Position/status

Chairman

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 ("Ordinary Shares")

Identification code

GB00B3FBWW43

b)

Nature of the transaction

Sale of shares by Ken Ford and immediate repurchase by Mintonview Limited, an investment company wholly owned by Mr Ford

c)

Price(s) and volume(s)

Price(s)

Volume(s)

58.00p (sale)

300,000

58.05p (purchase)

300,000

d)

Aggregated information:

· Aggregated volume

· Price

 

N/A

e)

Date of the transaction

21 July 2020

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.
 
END
 
 
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