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Issue of Options - Replacement

29 Oct 2018 11:34

RNS Number : 5474F
Scientific Digital Imaging Plc
29 October 2018
 

The following amendment has been made to the 'Issue of Options' announcement released on 25 October 2018 at 15:00 under RNS No 2255F.

 

The previously released announcement incorrectly referred to a vesting date of 24 October 2018. This has been amended to 23 October 2021.

 

All other details remain unchanged.

 

The full amended text is shown below.

 

 

Scientific Digital Imaging plc

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

(AIM: SDI)

 

Issue of Options

 

Scientific Digital Imaging plc, the AIM quoted group focused on the design and manufacture of scientific and technology products for use by the life science, healthcare, astronomy, consumer manufacturing and art conservation markets, announces that on 24 October 2018, the Company issued 500,000 options to subscribe for new ordinary shares of 1 pence each ("Ordinary Shares") in the Company, under the existing Scientific Digital Imaging plc Enterprise Management Incentive Option Scheme, to Jon Abell, Chief Financial Officer of the Company (the "Options").

 

The Options are exercisable at 38.25 pence, vest on 23 October 2021, and expire on 23 October 2028. Following the issue of Options, Jon has a total of 500,000 options over Ordinary Shares.

 

Enquiries:

 

Scientific Digital Imaging plc

01223 320480

Ken Ford, Chairman

 

Mike Creedon, CEO

 

Jon Abell, CFO

 

www.scientificdigitalimaging.com

 

 

 

finnCap Ltd

020 7220 0500

Ed Frisby/Kate Bannatyne - Corporate Finance

 

Andrew Burdis - Corporate Broking

 

 

 

JW Communications

07818 430877

Julia Wilson - Investor & Public Relations

 

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

 

About SDI:

Scientific Digital Imaging plc designs and manufactures scientific and technology products for use in applications including life sciences, healthcare, astronomy, consumer manufacturing and art conservation through the Synoptics brands (Syngene, Synbiosis, and Synoptics Health), the Atik brands (Atik Cameras, Opus Instruments and QSI), Sentek, Astles Control Systems and Applied Thermal Control. SDI intends to continue to grow through its own technology advancements as well as strategic, complementary acquisitions.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jon Abell

2.

Reason for the Notification

a)

Position/status

Chief Financial 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

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

Issue of options over Ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

38.25p

500,000

 

d)

Aggregated information:

· Aggregated volume

· Price

 

See 4c) above

e)

Date of the transaction

Options granted 24 October 2018

f)

Place of the transaction

Outside of a trading venue

 

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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