Scientific Digital Imaging Plc Issue of Options - Replacement (5474F)

TIDMSDI

RNS Number : 5474F

Scientific Digital Imaging Plc

29 October 2018

The following amendment has been made to the 'Issue of Options' announcement released on 25 October 2018 at 15:00 under RNS No 2255F.

The previously released announcement incorrectly referred to a vesting date of 24 October 2018. This has been amended to 23 October 2021.

All other details remain unchanged.

The full amended text is shown below.

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 24 October 2018, the Company issued 500,000 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 Jon Abell, Chief Financial Officer of the Company (the "Options").

The Options are exercisable at 38.25 pence, vest on 23 October 2021, and expire on 23 October 2028. Following the issue of Options, Jon has a total of 500,000 options over Ordinary Shares.

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 
 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

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                             Jon Abell 
                -------------------------------  -------------------------------------- 
            2.   Reason for the Notification 
                ----------------------------------------------------------------------- 
 a)              Position/status                  Chief Financial 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 
                -------------------------------  -------------------------------------- 
 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        Issue of options over Ordinary shares 
                -------------------------------  -------------------------------------- 
 c)              Price(s) and volume(s)            Price(s)   Volume(s) 
                                                    38.25p     500,000 
                                                              ---------- 
                -------------------------------  -------------------------------------- 
 d)              Aggregated information: 
                   *    Aggregated volume           See 4c) above 
 
 
                   *    Price 
                -------------------------------  -------------------------------------- 
 e)              Date of the transaction          Options granted 24 October 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.

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(END) Dow Jones Newswires

October 29, 2018 07:34 ET (11:34 GMT)