REG - SDI Group PLC - Director Dealing
RNS Number : 9543ZSDI Group PLC26 May 2021
SDI Group plc
("SDI", the "Company", or the "Group")
Director Dealing
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 received notification on 26 May 2021, that on that same day Ken Ford, Chairman of the Company, sold 500,000 ordinary shares* of 1 pence each in the Company ("Ordinary Shares"), at a price of 183.15 pence per Ordinary Share.
Following this sale, Ken Ford has a beneficial interest in 750,000 Ordinary Shares representing 0.76% of the Company's issued share capital.
The notification below, made in accordance with requirements of the EU Market Abuse Regulation, provides further details.
* 250,000 shares sold by Mintonview Ltd, being an investment company wholly owned by Ken Ford and his wife, and 250,000 shares sold from his SIPP.
Enquiries
SDI Group plc 01223 727144
Ken Ford, Chairman
Mike Creedon, CEO
Jon Abell, CFO
finnCap Ltd 020 7220 0500
Ed Frisby/Kate Bannatyne - Corporate Finance
Andrew Burdis/Sunila de Silva - ECM
JW Communications 07818 430 877
Julia Wilson - Investor & Public Relations
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 and Monmouth Scientific.
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
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU No. 596/2014) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
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
Ken Ford
2.
Reason for the Notification
a)
Position/status
Chairman
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 Financial instrument, type of instrument
Ordinary Shares of 1 pence each
Identification code
GB00B3FBWW43
b)
Nature of the transaction
Sale of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
183.15
500,000
d)
Aggregated information:
· Aggregated volume
· Price
Sale of 500,000 shares at a price of 183.15 pence per Ordinary Share
e)
Date of the transaction
26 May 2021
f)
Place of the transaction
London Stock Exchange (XLON)
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