15 May 2018
Science Group plc
(the "Company")
Issue of share options and PDMR dealing
Science Group plc (AIM:SAG) announces that on 14 May 2018 the Company granted options ("Options") over 1,200,000 ordinary shares in its share capital to 10 employees of the group under the Enhanced Executive Incentive Addendum to the Company's Performance Share Plan.
As previously announced, each of these Options will vest after five years from the date of issue and are exercisable at the nominal value of the share of 1 pence per share for a period of five years from vesting, provided that certain share price targets have been met.
Details of Director and other PDMR option awards are included in the disclosure notices below. Save for the below, the Directors' beneficial interests in the share capital of the Company remain unchanged and as previously announced.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. |
Details of the person discharging managerial responsibilities/person closely associated |
a) |
Name: Rebecca Archer |
2. |
Reason for the notification |
a) |
Position/status: Finance Director |
b) |
Initial notification/Amendment: Initial notification |
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name: Science Group plc |
b) |
LEI: 2138009OJQT79BDB3E93 |
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: GB00B39GTJ17 |
b) |
Nature of the transaction: Grant of share options |
c) |
Price(s) and volume(s):
Price(s) |
Volume(s) |
1p |
100,000 |
|
d) |
Aggregated information: · Aggregated volume: 100,000 · Price: £1,000 |
e) |
Date of the transaction: 2018-05-14 |
f) |
Place of the transaction: AIMX |
1. |
Details of the person discharging managerial responsibilities/person closely associated |
a) |
Name: Sarah Cole |
2. |
Reason for the notification |
a) |
Position/status: Group Legal Counsel & Company Secretary |
b) |
Initial notification/Amendment: Initial notification |
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name: Science Group plc |
b) |
LEI: 2138009OJQT79BDB3E93 |
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: GB00B39GTJ17 |
b) |
Nature of the transaction: Acquisition of shares following exercise of share options |
c) |
Price(s) and volume(s):
Price(s) |
Volume(s) |
1p |
100,000 |
|
d) |
Aggregated information: · Aggregated volume: 100,000 · Price: £1,000 |
e) |
Date of the transaction: 2018-05-14 |
f) |
Place of the transaction: AIMX |
1. |
Details of the person discharging managerial responsibilities/person closely associated |
a) |
Name: Daniel Edwards |
2. |
Reason for the notification |
a) |
Position/status: Group Managing Director |
b) |
Initial notification/Amendment: Initial notification |
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name: Science Group plc |
b) |
LEI: 2138009OJQT79BDB3E93 |
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: GB00B39GTJ17 |
b) |
Nature of the transaction: Acquisition of shares following exercise of share options |
c) |
Price(s) and volume(s):
Price(s) |
Volume(s) |
1p |
250,000 |
|
d) |
Aggregated information: · Aggregated volume: 250,000 · Price: £2,500 |
e) |
Date of the transaction: 2018-05-14 |
f) |
Place of the transaction: AIMX |
1. |
Details of the person discharging managerial responsibilities/person closely associated |
a) |
Name: Tamara Kahn |
2. |
Reason for the notification |
a) |
Position/status: Chief Operating Officer |
b) |
Initial notification/Amendment: Initial notification |
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name: Science Group plc |
b) |
LEI: 2138009OJQT79BDB3E93 |
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: GB00B39GTJ17 |
b) |
Nature of the transaction: Acquisition of shares following exercise of share options |
c) |
Price(s) and volume(s):
Price(s) |
Volume(s) |
1p |
250,000 |
|
d) |
Aggregated information: · Aggregated volume: 250,000 · Price: £2,500 |
e) |
Date of the transaction: 2018-05-14 |
f) |
Place of the transaction: AIMX |
1. |
Details of the person discharging managerial responsibilities/person closely associated |
a) |
Name: Andrew Diston |
2. |
Reason for the notification |
a) |
Position/status: Chief Technology Officer |
b) |
Initial notification/Amendment: Initial notification |
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name: Science Group plc |
b) |
LEI: 2138009OJQT79BDB3E93 |
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: GB00B39GTJ17 |
b) |
Nature of the transaction: Acquisition of shares following exercise of share options |
c) |
Price(s) and volume(s):
Price(s) |
Volume(s) |
1p |
100,000 |
|
d) |
Aggregated information: · Aggregated volume: 100,000 · Price: £1,000 |
e) |
Date of the transaction: 2018-05-14 |
f) |
Place of the transaction: AIMX |
- Ends -
For further information:
Science Group plc |
|
Martyn Ratcliffe, Chairman |
Tel: +44 (0) 1223 875 200 |
Rebecca Hemsted, Finance Director |
|
Panmure Gordon (UK) Limited Dominic Morley / Alina Vaskina / William Wickham (Corporate Finance) Erik Anderson (Corporate Broking) |
Tel: +44 (0) 20 7886 2500 |
|
|
