1 Sep 2017 15:05
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 30 August 2017, the Company issued a total of 1,750,000 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 certain directors of the Company (the "Options").
The Options are exercisable at 24.5 pence, vested subject to certain performance conditions on 30 August 2017, and expire on 29 August 2027. Details of the awards are as follows:
Director | Options Issued | Total Options Held Post Issue
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Ken Ford | 500,000 | 500,000 |
Mike Creedon | 1,000,000 | 1,385,000 |
Isabel Napper | 250,000 | 250,000 |
Enquiries:
Scientific Digital Imaging plc | 01223 727144 |
Ken Ford, Chairman |
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Mike Creedon, CEO |
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www.scientificdigitalimaging.com |
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finnCap Ltd | 020 7220 0500 |
Ed Frisby/Kate Bannatyne - Corporate Finance |
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Mia Gardner/Camille Gochez - Corporate Broking |
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JW Communications | 07818 430877 |
Julia Wilson - Investor & Public Relations |
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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. 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 | Ken Ford - Chairman Mike Creedon - Chief Executive Officer Isabel Napper - Non-Executive Director | ||||||
2. | Reason for the Notification | |||||||
a) | Position/status | See 1a) above | ||||||
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 | n/a | ||||||
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) |
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d) | Aggregated information: · Aggregated volume · Price |
See 4c) above | ||||||
e) | Date of the transaction | Options granted 30 August 2017 | ||||||
f) | Place of the transaction | Outside of a trading venue | ||||||
SDI Group (SDI)