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SDI Sdi Group Plc

54.00
-1.60 (-2.88%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sdi Group Plc LSE:SDI London Ordinary Share GB00B3FBWW43 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.60 -2.88% 54.00 54.00 55.00 55.50 54.50 55.50 300,775 16:35:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coml Physical, Biologcl Resh 67.58M 3.87M 0.0372 14.65 56.71M

SDI Group PLC Long Term Incentive Plan Awards (0919E)

26/10/2022 7:00am

UK Regulatory


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TIDMSDI

RNS Number : 0919E

SDI Group PLC

26 October 2022

SDI Group plc

("SDI", the "Company" or the "Group")

Long Term Incentive Plan ("LTIP") Awards

SDI Group plc, the AIM quoted Group focused on the design and manufacture of scientific and technology products for use in digital imaging and sensing and control applications, announces details of awards on 25 October 2022 under the Scientific Digital Imaging plc Long Term Incentive Plan 2018 ("LTIP") (the "Grant").

Pursuant to the LTIP, the following awards have been made:

 
 Name            Role               LTIP Award    Vesting Date   Total options 
                                                                  following 
                                                                  the Grant 
                                     (number of                   (number of 
                                     shares)                      shares) 
                 Chief Executive                  25 October 
 Mike Creedon     Officer           179,622        2025          892,596 
                 Chief Financial                  25 October 
 Ami Sharma       Officer           211,056        2025          211,056 
 

The nil paid awards are subject to a 3 year performance period (the "Performance Period") followed by a holding period to be determined by the Remuneration Committee. The awards are further subject to claw back and malus provisions. The performance condition for the awards is linked to the Company's growth measured in EPS and total shareholder return.

FOR FURTHER INFORMATION

 
  SDI Group plc 
   Ken Ford, Chairman 
   Mike Creedon, Chief Executive Officer 
   Ami Sharma, Chief Financial Officer                      01223 727144 
  www.sdigroup.com 
  finnCap Ltd 
   Ed Frisby/Seamus Fricker/Milesh Hindocha - Corporate 
   Finance                                                  020 7220 
   Andrew Burdis/Sunila de Silva - ECM                       0500 
 
 
 

About SDI Group plc:

SDI designs and manufactures scientific and technology products for use in digital imaging and sensing and control applications including life sciences, healthcare, astronomy, manufacturing, precision optics and art conservation. SDI operates through its company divisions: Atik Cameras, Synoptics, Graticules Optics, Sentek, Astles Control Systems, Applied Thermal Control, MPB Industries, Chell Instruments, Monmouth Scientific, Uniform Engineering, Scientific Vacuum Systems, Safelab Systems, LTE Scientific and Fraser Anti-Static Techniques.

SDI continues to grow by developing its own technology advancements and by improving its global sales channels, as well as through pursuing 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                                 SDI Group 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 1p each 
       Financial instrument, 
       type of instrument 
      Identification code                  GB00B3FBWW43 
     -----------------------------------  ------------------------------ 
 b)   Nature of the transaction            Issue of Options 
     -----------------------------------  ------------------------------ 
 c)   Price(s) and volume(s)                Price(s)    Volume(s) 
                                             nil         179,622 
                                                        ---------- 
     -----------------------------------  ------------------------------ 
 d)     Aggregated information: 
          *    Aggregated volume             As in 4c) above 
 
 
          *    Price 
     -----------------------------------  ------------------------------ 
 e)   Date of the transaction              25 October 2022 
     -----------------------------------  ------------------------------ 
 f)   Place of the transaction             Outside a trading venue 
     -----------------------------------  ------------------------------ 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                 Ami Sharma 
     -----------------------------------  ------------------------------ 
 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                                 SDI Group 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 1p each 
       Financial instrument, 
       type of instrument 
      Identification code                  GB00B3FBWW43 
     -----------------------------------  ------------------------------ 
 b)   Nature of the transaction            Issue of Options 
     -----------------------------------  ------------------------------ 
 c)   Price(s) and volume(s)                Price(s)    Volume(s) 
                                             nil         211,056 
                                                        ---------- 
     -----------------------------------  ------------------------------ 
 d)     Aggregated information: 
          *    Aggregated volume             As in 4c) above 
 
 
          *    Price 
     -----------------------------------  ------------------------------ 
 e)   Date of the transaction              25 October 2022 
     -----------------------------------  ------------------------------ 
 f)   Place of the transaction             Outside 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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

October 26, 2022 02:00 ET (06:00 GMT)

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