Last checked at 9 Oct 2019 10:43
Scientific Digital Imaging plc
("SDI", the "Company" or the "Group")
Exercise of Options
Scientific Digital Imaging 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 the exercise of share options by Mike Creedon, Chief Executive Officer of the Company over 130,528 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") (the "Exercise").
120,000 of the share options have an exercise price of 21.5 pence and 10,528 of the share options have an exercise price of 20.5 pence. Following the Exercise, Mike Creedon has a total beneficial holding of 442,452 Ordinary Shares representing 0.455 per cent. of the issued share capital of the Company.
The 130,528 Ordinary Shares allotted pursuant to the Exercise have been transferred from the Synoptics Employee Benefit Trust. The Synoptics Employee Benefit Trust will now no longer have a holding in the capital of the Company.
As a result, the issued share capital of the Company will remain unchanged at 97,203,951 Ordinary Shares and the total number of voting rights is also 97,203,951. 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.
FOR FURTHER INFORMATION:
Scientific Digital Imaging plc 01223 727 144
Ken Ford, Chairman
Mike Creedon, Chief Executive Officer
Jon Abell, Chief Financial Officer
www.scientificdigitalimaging.com
finnCap Ltd 020 7220 0500
Ed Frisby/Kate Washington - Corporate Finance
Andrew Burdis/Sunila de Silva - ECM
JW Communications 07818 430 877
Julia Wilson - Investor & Public Relations
About SDI
Scientific Digital Imaging 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 Fistreem.
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.
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 | Scientific Digital Imaging 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 1 pence each | ||||
Identification code | GB00B3FBWW43 | |||||
b) | Nature of the transaction | Exercise of options | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information: ·; Aggregated volume ·; Price |
See 4c) above | ||||
e) | Date of the transaction | 1 October 2019 | ||||
f) | Place of the transaction | Outside of a trading venue | ||||