Last checked at 21 Feb 2024 18:00
SDI Group plc
("SDI", the "Company", or the "Group")
Director / PDMR Shareholding
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 been notified of a share transfer by Ken Ford, Chairman of the Company, being the transfer of his self-invested personal pension ("SIPP") from one provider to another in specie (the "Transfer").
Following the completion of the Transfer, Mr Ford's total beneficial interest in the Company remains unchanged at 905,217 ordinary shares, representing approximately 0.87% of the Company's issued share capital.
Enquiries
SDI Group plc
Ken Ford, Chair 01223 727144
Stephen Brown, CEO
Ami Sharma, CFO
www.sdigroup.com
Cavendish Capital Markets Limited 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, plastics and packaging, manufacturing, precision optics, measurement instrumentation and art conservation. SDI operates through its subsidiaries: 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, Fraser Anti-Static Techniques and Peak Sensors.
Corporate expansion is via organic growth within its subsidiary companies and through the acquisition of complementary, niche technology businesses with established reputations in global markets.
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 | ||||||
Identification code | GB00B3FBWW43 | |||||||
b) | Nature of the transaction | Transfer of Ordinary Shares - change of SIPP provider resulting in no change to beneficial ownership | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information: ·Aggregated volume ·Price |
· 560,000 shares · Price - N/A | ||||||
e) | Date of the transaction | 16 February 2024 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||