1 Nov 2018 14:51
Scientific Digital Imaging plc
("SDI", the "Company" or the "Group")
(AIM: SDI)
Exercise 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 the exercise of share options by Mike Creedon, Chief Executive Officer of the Company over 165,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") (the "Exercise").
100,000 of the share options have an exercise price of 13.0 pence; 50,000 of the share options have an exercise price of 12.5 pence and 15,000 of the share options have an exercise price of 21.5 pence. Following the Exercise, Mike Creedon has a total beneficial holding of 311,924 Ordinary Shares representing 0.35 per cent. of the issued share capital of the Company.
The 165,000 Ordinary Shares allotted pursuant to the Exercise have been transferred from the Synoptics Employee Benefit Trust. The Synoptics Employee Benefit Trust will now hold 160,528 Ordinary Shares representing approximately 0.18 per cent. of the issued share capital of the Company.
As a result, the issued share capital of the Company will remain unchanged at 89,633,424 Ordinary Shares and the total number of voting rights is also 89,633,424. 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.
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 |
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 | 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) |
| ||||
d) | Aggregated information: · Aggregated volume · Price |
See 4c) above | ||||
e) | Date of the transaction | 1 November 2018 | ||||
f) | Place of the transaction | Outside of a trading venue | ||||
SDI Group (SDI)