Last checked at 27 Oct 2022 15:55
SDI Group plc
("SDI", "SDI Group", the "Company", or the "Group")
Director Dealings, Exercise of Options 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 was notified on 27 October 2022 that Ken Ford (Chairman) and Mike Creedon (Chief Executive), have sold 130,000 and 602,125 ordinary shares of 1 pence each in the Company ("Ordinary Shares"), respectively.
Details of holdings pre and post-sale are listed below.
Director | Current shareholding | Number of shares sold | Sale price (£) | Number of shares after sale | % of shares held after sale and Admission |
Ken Ford | 1,015,217 | 130,000 | 1.65 | 885,217 | 0.86% |
Mike Creedon | 774,625 | 602,125 | 1.65 | 172,500 | 0.17% |
The Company also announces that it has issued and allotted a total of 500,000 new Ordinary Shares following an exercise of options.
Application has been made to the London Stock Exchange for the 500,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence on or around 8.00 a.m. on 10 November 2022.
After Admission, the total number of Ordinary Shares in issue will be 102,699,676 and the total number of voting rights will therefore be 102,699,676. 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
Ken Ford, Chairman 01223 727144
Mike Creedon, CEO
Ami Sharma, CFO
www.sdigroup.com
finnCap Ltd 020 7220 0500
Ed Frisby/Seamus Fricker - Corporate Finance
Andrew Burdis/Sunila de Silva - ECM
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, Monmouth Scientific, Uniform Engineering, Scientific Vacuum Systems, Safelab Systems, LTE Scientific and Fraser Anti-Static Techniques.
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 UK 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 Ordinary Shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information: ·Aggregated volume ·Price |
Sale of 130,000 shares at a price of 165 pence per Ordinary Share | ||||||
e) | Date of the transaction | 27 October 2022 | ||||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||||
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 | Ordinary shares of 1p each ("Ordinary Shares") | ||||||
Identification code | GB00B3FBWW43 | |||||||
b) | Nature of the transaction | Sale of Ordinary Shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information: ·Aggregated volume ·Price |
Sale of 602,125 shares at a price of 165 pence per Ordinary Share | ||||||
e) | Date of the transaction | 27 October 2022 | ||||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||||