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| Date | 14 Jan 2022 |
| Time | 14:40:07 |
| Category | Capital structure |
| ID | 5285Y |
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE RESTRICTED AND ARE NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.
FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN SDI GROUP PLC OR ANY OTHER ENTITY IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR THE FACT OF ITS DISTRIBUTION SHALL FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH, ANY INVESTMENT DECISION IN RESPECT OF SDI GROUP PLC. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"), AND IS DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF MAR. IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN MAR) WERE TAKEN IN RESPECT OF CERTAIN OF THE MATTERS CONTAINED IN THIS ANNOUNCEMENT, WITH THE RESULT THAT CERTAIN PERSONS BECAME AWARE OF SUCH INSIDE INFORMATION, AS PERMITTED BY MAR. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.
SDI Group plc
("SDI", the "Company" or the "Group")
Result of Secondary Placing and Director Shareholdings
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 that it has been informed by the Selling Shareholders that, further to the announcement made at 1.30 p.m. on 14 January 2022 (the "ABB Announcement"), they have successfully sold a total of 1,260,000 Placing Shares at a price of 195 pence per Placing Share. The Placing Shares in aggregate represent approximately 1.23 per cent. of the Company's issued share capital.
Capitalised terms in this announcement shall have the same meaning ascribed to them as in the ABB Announcement unless the context requires otherwise.
On completion of the Placing, the Selling Shareholders shall have the following resultant shareholdings:
|
|
Resultant holding assuming all Placing Shares sold and following Admission |
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|
Director |
Current shareholding |
Current number of options held |
Number of options exercised |
Total number of Placing Shares |
Ordinary Shares |
% |
Options over Ordinary Shares |
% |
|
Ken Ford |
1,000,000 |
391,052 |
215,217 |
200,000 |
1,015,217 |
0.99% |
175,835 |
0.17% |
|
Mike Creedon |
442,452 |
1,365,147 |
652,173 |
320,000 |
774,625 |
0.76% |
712,974 |
0.70% |
|
Jon Abell |
100,000 |
1,167,603 |
521,739 |
250,000 |
371,739 |
0.36% |
645,864 |
0.63% |
|
David Tilston |
90,000 |
250,000 |
250,000 |
240,000 |
100,000 |
0.10% |
0 |
0.00% |
|
Isabel Napper |
65,000 |
250,000 |
250,000 |
250,000 |
65,000 |
0.06% |
0 |
0.00% |
The notification at the end of this announcement, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further details of the transactions.
The Placing was conducted through an accelerated bookbuild by finnCap Ltd ("finnCap") acting as bookrunner. Proceeds of the Placing are payable in cash on usual settlement terms and the Placing is expected to settle on or around 20 January 2022.
Enquiries
SDI Group plc 01223 320480
Ken Ford, Chairman
Mike Creedon, CEO
Jon Abell, CFO
finnCap Ltd 020 7220 0500
Ed Frisby/Kate Bannatyne/Milesh Hindocha - Corporate Finance
Andrew Burdis/Sunila de Silva - ECM
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 and Scientific Vacuum Systems.
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. www.thesdigroup.net
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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|
a) |
Name |
Ken Ford |
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|
2. |
Reason for the Notification |
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a) |
Position/status |
Chairman |
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b) |
Initial notification/Amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name |
SDI Group plc |
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|
b) |
LEI |
213800YA3XW7JRE46Z70 |
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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 |
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|
a) |
Description of the Financial instrument, type of instrument |
Ordinary Shares of 1p each |
|||||||||
|
Identification code |
GB00B3FBWW43 |
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|
b) |
Nature of the transaction |
Exercise of options; and Sale of Ordinary Shares |
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|
c) |
Price(s) and volume(s) |
|
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|
d) |
Aggregated information: · Aggregated volume · Price |
As in 4c) above
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|
e) |
Date of the transaction |
14 January 2022 |
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|
f) |
Place of the transaction |
London Stock Exchange, AIM Market (XLON) |
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|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
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|
a) |
Name |
Mike Creedon |
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|
2. |
Reason for the Notification |
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|
a) |
Position/status |
CEO |
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|
b) |
Initial notification/Amendment |
Initial notification |
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|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||||||||
|
a) |
Name |
SDI Group plc |
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|
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 1p each |
|||||||||
|
Identification code |
GB00B3FBWW43 |
||||||||||
|
b) |
Nature of the transaction |
Exercise of options; and Sale of Ordinary Shares |
|||||||||
|
c) |
Price(s) and volume(s) |
|
|||||||||
|
d) |
Aggregated information: · Aggregated volume · Price |
As in 4c) above
|
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|
e) |
Date of the transaction |
14 January 2022 |
|||||||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM Market (XLON) |
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|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
||||||||||
|
a) |
Name |
Jon Abell |
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|
2. |
Reason for the Notification |
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|
a) |
Position/status |
CFO |
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|
b) |
Initial notification/Amendment |
Initial notification |
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|
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 Financial instrument, type of instrument |
Ordinary Shares of 1p each |
|||||||||
|
Identification code |
GB00B3FBWW43 |
||||||||||
|
b) |
Nature of the transaction |
Exercise of options; and Sale of Ordinary Shares |
|||||||||
|
c) |
Price(s) and volume(s) |
|
|||||||||
|
d) |
Aggregated information: · Aggregated volume · Price |
As in 4c) above
|
|||||||||
|
e) |
Date of the transaction |
14 January 2022 |
|||||||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM Market (XLON) |
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|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
||||||||||
|
a) |
Name |
David Tilston |
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|
2. |
Reason for the Notification |
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|
a) |
Position/status |
Non-Executive Director |
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|
b) |
Initial notification/Amendment |
Initial notification |
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|
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 Financial instrument, type of instrument |
Ordinary Shares of 1p each |
|||||||||
|
Identification code |
GB00B3FBWW43 |
||||||||||
|
b) |
Nature of the transaction |
Exercise of options; and Sale of Ordinary Shares |
|||||||||
|
c) |
Price(s) and volume(s) |
|
|||||||||
|
d) |
Aggregated information: · Aggregated volume · Price |
As in 4c) above
|
|||||||||
|
e) |
Date of the transaction |
14 January 2022 |
|||||||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM Market (XLON) |
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|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
||||||||||
|
a) |
Name |
Isabel Napper |
|||||||||
|
2. |
Reason for the Notification |
||||||||||
|
a) |
Position/status |
Non-Executive Director |
|||||||||
|
b) |
Initial notification/Amendment |
Initial notification |
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|
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 Financial instrument, type of instrument |
Ordinary Shares of 1p each |
|||||||||
|
Identification code |
GB00B3FBWW43 |
||||||||||
|
b) |
Nature of the transaction |
Exercise of options; and Sale of Ordinary Shares |
|||||||||
|
c) |
Price(s) and volume(s) |
|
|||||||||
|
d) |
Aggregated information: · Aggregated volume · Price |
As in 4c) above
|
|||||||||
|
e) |
Date of the transaction |
14 January 2022 |
|||||||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM Market (XLON) |
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