Last checked at 3 Apr 2019 16:28
3 April 2019
SCIENCE IN SPORT PLC("SiS" or the "Company")
Grant of Options
Science in Sport plc (AIM: SIS), a leading premium performance nutrition company that develops, manufactures and markets performance nutrition products for elite athletes, sports and gym lifestyle enthusiasts, announces that it has made awards in the form of nil cost options under the terms of the Company's short term incentive plan ("STIP") to persons discharging managerial responsibility ("PDMRs"). Details of the awards to PDMRs are set out below together with the information required under the Market Abuse Regulation in respect of PDMR dealings.
Awards of options under the STIP have been made to PDMRs in respect of 1,288,365 ordinary shares of 10p each. There are no outstanding performance conditions in respect of these options and they are exercisable immediately. The awards have been made in lieu of cash bonuses for the year ended 31 December 2018.
| |||
Name | Position | STIP | |
Stephen Moon | Chief Executive Officer | 780,769 | |
Elizabeth Lake | Chief Financial Officer | 174,308 | |
Ashley Read | Managing Director | 89,135 | |
Ian Houghton | Commercial Director | 99,038 | |
Mark McKechnie | E-Commerce Director | 57,692 | |
Craig Fletcher | Supply Chain Director | 24,038 | |
Edward Brady | Group Financial Controller | 63,385 | |
Totals | 1,288,365 | ||
For further information:
Science in Sport PLC | +44 (0) 20 7400 3700 |
Stephen Moon, CEO | |
Elizabeth Lake, Finance Director | |
Liberum Capital Ltd | +44 (0) 20 3100 2222 |
Nominated adviser and broker | |
Clayton Bush | |
Chris Clarke | |
James Greenwood | |
Buchanan | +44 (0) 20 7466 5000 |
Financial PR | |
Mark Court |
About Science in Sport plc
Science in Sport plc is a leading sports nutrition company that develops, manufactures and markets sports nutrition products for professional athletes and sports enthusiasts. SiS is a strong brand in the elite athlete community - in the 2016 Rio Olympics, 34 medal-winning athletes or teams used SiS products (compared with 24 in 2012).
The SiS core product ranges include: SiS GO, comprising energy powders, isotonic gels, energy bars and shots; SiS REGO, including protein-based recovery powders; SiS Protein, products specifically designed to contribute to athletes' lean muscle mass growth and maintenance; SiS Supplements, comprising BCAA Perform, Creatine, Beta Alanine and L Glutamine; SiS Athlete Health, vitamins and supplements range designed to support and maintain immune function, digestive health and bone health. SiS products are sold in a range of retail channels, including specialist sport retailers, major grocers, high street retailers and e-commerce websites.
SiS is currently the official sports nutrition supplier to professional cycling organisations Team SKY, British Cycling, Cycling Australia and USA Cycling. SiS is also a partner to British Triathlon & Rock n Roll Marathon Series. Along with supplying over 80 professional English & Scottish League football teams, SiS is Sports Nutrition Partner to the world's most popular football club, Manchester United FC. In addition, Olympians Sir Chris Hoy MBE, Mark Cavendish MBE and Adam Peaty MBE are Brand Ambassadors.
SiS was founded in 1992 and is headquartered in Hatton Garden, London. Its manufacturing facility is in Nelson, Lancashire.
SiS shares are traded on the AIM market of the London Stock Exchange under the ticker symbol SIS.
About PhD
PhD is a UK-headquartered premium protein brand. Since being founded by Jason Rickaby and Mark Bowering in 2005, PhD has developed into one of the UK's leading protein brands with a reputation for high quality and innovative products aimed at sports enthusiasts and gym lifestyle consumers.
It has c.24 employees and an experienced management team that has a track record of delivering consistent revenue growth and profitability. For the year ended August 2018, PhD reported revenues of £20.8 million and adjusted EBITDA of £2.8 million.
For further information, please visit www.scienceinsport.com
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Stephen Moon | ||||||
2 | Reason for 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 | SCIENCE IN SPORT PLC | ||||||
b. | LEI | 213800FWYWBJFJPPJ981 | ||||||
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 instrumentIdentification Code | Ordinary Shares of 10p each
ISIN: GB00BBPV5329 | ||||||
b. | Nature of the transaction | Grant of nil cost options under the Company's short-term incentive plan | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
Nil | 780,769 | |||||||
| ||||||||
d. | Aggregated information - Aggregated Volume - Price
| N/A | ||||||
e. | Date of the transaction | 2019-04-03 | ||||||
f. | Place of the transaction | Outside a trading venue | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Elizabeth Lake | ||||||
2 | Reason for 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 | SCIENCE IN SPORT PLC | ||||||
b. | LEI | 213800FWYWBJFJPPJ981 | ||||||
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 instrumentIdentification Code | Ordinary Shares of 10p each
ISIN: GB00BBPV5329 | ||||||
b. | Nature of the transaction | Grant of nil cost options under the Company's short-term incentive plan | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
Nil | 174,308 | |||||||
| ||||||||
d. | Aggregated information - Aggregated Volume - Price
| N/A | ||||||
e. | Date of the transaction | 2019-04-03 | ||||||
f. | Place of the transaction | Outside a trading venue | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Ashley Read | ||||||
2 | Reason for notification |
| ||||||
a. | Position/Status | Managing Director | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | SCIENCE IN SPORT PLC | ||||||
b. | LEI | 213800FWYWBJFJPPJ981 | ||||||
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 instrumentIdentification Code | Ordinary Shares of 10p each
ISIN: GB00BBPV5329 | ||||||
b. | Nature of the transaction | Grant of nil cost options under the Company's short-term incentive plan | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
Nil | 89,135 | |||||||
| ||||||||
d. | Aggregated information - Aggregated Volume - Price
| N/A | ||||||
e. | Date of the transaction | 2019-04-03 | ||||||
f. | Place of the transaction | Outside a trading venue | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Ian Houghton | ||||||
2 | Reason for notification |
| ||||||
a. | Position/Status | Commercial Director | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | SCIENCE IN SPORT PLC | ||||||
b. | LEI | 213800FWYWBJFJPPJ981 | ||||||
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 instrumentIdentification Code | Ordinary Shares of 10p each
ISIN: GB00BBPV5329 | ||||||
b. | Nature of the transaction | Grant of nil cost options under the Company's short-term incentive plan | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
Nil | 99,038 | |||||||
| ||||||||
d. | Aggregated information - Aggregated Volume - Price
| N/A | ||||||
e. | Date of the transaction | 2019-04-03 | ||||||
f. | Place of the transaction | Outside a trading venue | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Mark McKechnie | ||||||
2 | Reason for notification |
| ||||||
a. | Position/Status | E-Commerce Director | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | SCIENCE IN SPORT PLC | ||||||
b. | LEI | 213800FWYWBJFJPPJ981 | ||||||
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 instrumentIdentification Code | Ordinary Shares of 10p each
ISIN: GB00BBPV5329 | ||||||
b. | Nature of the transaction | Grant of nil cost options under the Company's short-term incentive plan | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
Nil | 57,692 | |||||||
| ||||||||
d. | Aggregated information - Aggregated Volume - Price
| N/A | ||||||
e. | Date of the transaction | 2019-04-03 | ||||||
f. | Place of the transaction | Outside a trading venue | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Craig Fletcher | ||||||
2 | Reason for notification |
| ||||||
a. | Position/Status | Supply Chain Director | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | SCIENCE IN SPORT PLC | ||||||
b. | LEI | 213800FWYWBJFJPPJ981 | ||||||
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 instrumentIdentification Code | Ordinary Shares of 10p each
ISIN: GB00BBPV5329 | ||||||
b. | Nature of the transaction | Grant of nil cost options under the Company's short-term incentive plan | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
Nil | 24,038 | |||||||
| ||||||||
d. | Aggregated information - Aggregated Volume - Price
| N/A | ||||||
e. | Date of the transaction | 2019-04-03 | ||||||
f. | Place of the transaction | Outside a trading venue | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Edward Brady | ||||||
2 | Reason for notification |
| ||||||
a. | Position/Status | Group Financial Controller | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | SCIENCE IN SPORT PLC | ||||||
b. | LEI | 213800FWYWBJFJPPJ981 | ||||||
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 instrumentIdentification Code | Ordinary Shares of 10p each
ISIN: GB00BBPV5329 | ||||||
b. | Nature of the transaction | Grant of nil cost options under the Company's short-term incentive plan | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
Nil | 63,385 | |||||||
| ||||||||
d. | Aggregated information - Aggregated Volume - Price
| N/A | ||||||
e. | Date of the transaction | 2019-04-03 | ||||||
f. | Place of the transaction | Outside a trading venue | ||||||