Last checked at 22 Mar 2018 07:00
22 March 2018
SCIENCE IN SPORT PLC
("SiS" or the "Company")
PDMR Dealings - Grant of Options
Science in Sport plc (AIM: SIS), a leading sports nutrition company that develops, manufactures and markets sports nutrition produces for professional athletes and sports enthusiasts announces that it has made awards in the form of nil cost options under the terms of the Company's long term incentive plan ("LTIP") and short term incentive plan ("STIP") including to persons discharging managerial responsibility ("PDMRs") for the purposes of the Market Abuse Regulation ("MAR"). Details of the awards to PDMRs are set out below together with the information required under MAR in respect of PDMR dealings.
Under the LTIP, options have been awarded to PDMRs in respect of 218,579 ordinary shares. The awards will only vest on the achievement of certain performance conditions over the 2018 financial year.
Awards of options under the STIP have been made to PDMRs in respect of 123,550 ordinary shares. There are no outstanding performance conditions in respect of these options and they are expected to become exercisable from the end of March 2018.
Name | Position | LTIP | STIP | |
Stephen Moon | Chief Executive Officer | - | 81,806 | |
Elizabeth Lake | Finance Director | - | 29,244 | |
Mark McKechnie | Commercial Director International | 116,120 | 1,571 | |
David Schofield | Supply Chain Director | 102,459 | - | |
Edward Brady | Group Financial Controller | - | 10,929 | |
Totals | 218,579 | 123,550 | ||
For further information:
Science in Sport PLC | +44 (0) 20 7400 3700 |
Stephen Moon, CEO |
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Elizabeth Lake, Finance Director |
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Cenkos Securities - NOMAD and Broker |
+44 (0) 20 7397 8900 |
Bobbie Hilliam
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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 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 partner to professional cycling organisations Team SKY, British Cycling, Cycling Australia and USA Cycling. SiS is also a partner to British Triathlon & USA Triathlon. Along with supplying over 40 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.
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 Cost | 81,806 | |||||||
| ||||||||
d. | Aggregated information - Aggregated Volume - Price
| N/A | ||||||
e. | Date of the transaction | 2018-03-21 | ||||||
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 | Finance 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 plans | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
Nil Cost | 29,244 | |||||||
| ||||||||
d. | Aggregated information - Aggregated Volume - Price
| N/A | ||||||
e. | Date of the transaction | 2018-03-21 | ||||||
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 | Head of E-Commerce | ||||||
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 long and short-term incentive plans | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
Nil Cost | 117,691 | |||||||
| ||||||||
d. | Aggregated information - Aggregated Volume - Price
| N/A | ||||||
e. | Date of the transaction | 2018-03-21 | ||||||
f. | Place of the transaction | Outside a trading venue | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | David Schofield | ||||||
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 long-term incentive plan | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
Nil Cost | 102,459 | |||||||
| ||||||||
d. | Aggregated information - Aggregated Volume - Price
| N/A | ||||||
e. | Date of the transaction | 2018-03-21 | ||||||
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 Cost | 10,929 | |||||||
| ||||||||
d. | Aggregated information - Aggregated Volume - Price
| N/A | ||||||
e. | Date of the transaction | 2018-03-21 | ||||||
f. | Place of the transaction | Outside a trading venue | ||||||