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PDMR Dealing

20 Jun 2017 08:00

RNS Number : 5664I
Science in Sport PLC
20 June 2017
 

20 June 2017

For immediate release

 

SCIENCE IN SPORT PLC

("SiS" or the "Company")

 

PDMR Dealing

The Company announces that it has received a notification of dealings from Ashley Read, the Company's Marketing Director. Mr Read exercised his options in respect of 79,646 ordinary shares of 10 pence each in the Company ("Ordinary Shares") through the Company's Employee Benefit Trust. The resulting shares were then sold at a price of 81 pence per Ordinary Share.

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Ashley Read

2

Reason for notification

a.

Position/Status

Marketing 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

Exercise of nil cost options over Ordinary Shares (Employee Benefit Trust)

c.

Price(s) and volume(s)

Price(s)

Volume(s)

0

 79,646

 

 

d.

Aggregated information

- Aggregated Volume

- Price

 

N/A

e.

Date of the transaction

16 June 2017

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

Marketing 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

Sale of Ordinary Shares

c.

Price(s) and volume(s)

Price(s)

Volume(s)

£0.81

 79,646

 

 

d.

Aggregated information

- Aggregated Volume

- Price

 

N/A

e.

Date of the transaction

16 June 2017

f.

Place of the transaction

XLON (AIM)

 

For further information:

Science in Sport PLC

+44 (0) 20 7400 3700

Stephen Moon, CEO

Elizabeth Lake, Finance Director

 

Cenkos Securities - NOMAD and Broker

 

+44 (0) 20 7397 8900

Bobbie Hilliam

Yellow Jersey PR - Financial PR

Felicity Winkles

+44 (0) 7748 843 871

Harriet Jackson

+44 (0) 7544 275 882

 

Notes for editors

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 hydration tablets; SiS REGO, including protein-based recovery powders and bars; and SIS Protein, products specifically designed to contribute to athletes' lean muscle mass growth and maintenance. 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 team Team SKY, British Cycling, Cycling Australia, USA Cycling, British Triathlon. SiS is also the official sports nutrition partner to Liverpool FC. In addition, Olympians Sir Chris Hoy MBE, and Katarina Johnson Thomson are Brand Ambassadors and Mark Cavendish MBE is an Elite Sports Consultant to the brand.

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.

For further information, please visit www.scienceinsport.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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