Scientific Digital Imaging Plc Exercise of Options (0833G)

TIDMSDI

RNS Number : 0833G

Scientific Digital Imaging Plc

01 November 2018

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                Ordinary Shares of 1 pence each 
                  Financial instrument, 
                  type of instrument 
                 Identification code               GB00B3FBWW43 
                --------------------------------  --------------------------------- 
 b)              Nature of the transaction         Exercise of options 
                --------------------------------  --------------------------------- 
 c)              Price(s) and volume(s)             Price(s)   Volume(s) 
                                                     13.0p      100,000 
                                                      12.5p      50,000 
                                                      21.5p      15,000 
                                                               ---------- 
                --------------------------------  --------------------------------- 
 d)              Aggregated information: 
                   *    Aggregated volume            See 4c) above 
 
 
                   *    Price 
                --------------------------------  --------------------------------- 
 e)              Date of the transaction           1 November 2018 
                --------------------------------  --------------------------------- 
 f)              Place of the transaction          Outside of a trading venue 
                --------------------------------  --------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

MSCEALFFELPPFFF

(END) Dow Jones Newswires

November 01, 2018 10:51 ET (14:51 GMT)