Science Group PLC Issue of Share Options and PDMR Dealing (1227H)
August 15 2016 - 1:00AM
UK Regulatory
TIDMSAG
RNS Number : 1227H
Science Group PLC
15 August 2016
15 August 2016
Science Group plc
(the "Company")
Issue of share options and PDMR dealing
Science Group plc (AIM:SAG) announces that on 12 August 2016 the
Company granted options ("Options") over 385,000 ordinary shares in
its share capital to 31 employees of the group under the Company's
Performance Share Plan.
Each of these Options vest after three 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 seven years from vesting, provided
that certain performance conditions have been satisfied. Up to 50
per cent of the Options may vest subject to the achievement of
Earnings per Share growth targets in each of the three financial
years 2016-2018. Up to a further 50 per cent of the Options may
vest subject to achievement of a Total Shareholder Return target
over a three year period.
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 Hemsted
--- -----------------------------------------------------------------------
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: n/a
--- -----------------------------------------------------------------------
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 25,000
--------- ----------
--- -----------------------------------------------------------------------
d) Aggregated information:
* Aggregated volume: 25,000
* Price: GBP250
--- -----------------------------------------------------------------------
e) Date of the transaction: 2016-08-12
--- -----------------------------------------------------------------------
f) Place of the transaction: XLON
--- -----------------------------------------------------------------------
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: n/a
--- -----------------------------------------------------------------------
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 25,000
--------- ----------
--- -----------------------------------------------------------------------
d) Aggregated information:
* Aggregated volume: 25,000
* Price: GBP250
--- -----------------------------------------------------------------------
e) Date of the transaction: 2016-08-12
--- -----------------------------------------------------------------------
f) Place of the transaction: XLON
--- -----------------------------------------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
--- -----------------------------------------------------------------------
a) Name: Daniel Edwards
--- -----------------------------------------------------------------------
2. Reason for the notification
--- -----------------------------------------------------------------------
a) Position/status: Group Commercial 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: n/a
--- -----------------------------------------------------------------------
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 25,000
--------- ----------
--- -----------------------------------------------------------------------
d) Aggregated information:
* Aggregated volume: 25,000
* Price: GBP250
--- -----------------------------------------------------------------------
e) Date of the transaction: 2016-08-12
--- -----------------------------------------------------------------------
f) Place of the transaction: XLON
--- -----------------------------------------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
--- -----------------------------------------------------------------------
a) Name: Tamara Kahn
--- -----------------------------------------------------------------------
2. Reason for the notification
--- -----------------------------------------------------------------------
a) Position/status: Group Strategic 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: n/a
--- -----------------------------------------------------------------------
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 25,000
--------- ----------
--- -----------------------------------------------------------------------
d) Aggregated information:
* Aggregated volume: 25,000
* Price: GBP250
--- -----------------------------------------------------------------------
e) Date of the transaction: 2016-08-12
--- -----------------------------------------------------------------------
f) Place of the transaction: XLON
--- -----------------------------------------------------------------------
- Ends -
For further information:
Science Group plc
Martyn Ratcliffe, Chairman Tel: +44 (0) 1223 875
200
Rebecca Hemsted, Finance Director
Numis Securities Limited
Nominated Adviser: Simon Willis / Paul Tel: +44 (0) 20 7260
Gillam 1000
Corporate Broking: Michael Burke
This information is provided by RNS
The company news service from the London Stock Exchange
END
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