SCIENCE GROUP PLC — Remuneration Information 2016

Sep 6, 2016

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 0152J

Science Group PLC

06 September 2016

6 September 2016

Science Group plc

(the "Company")

Issue of share options and PDMR dealing

Science Group plc (AIM:SAG) announces that on 5 September 2016 the Company granted options ("Options") over 100,000 ordinary shares in its share capital to Andrew Diston, PDMR, 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.

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: Andrew Diston

2.

Reason for the notification

a)

Position/status: Group Science & Technology 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	100,000

d)

Aggregated information:

·      Aggregated volume: 100,000

·      Price: £1,000

e)

Date of the transaction:  2016-09-05

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 Gillam	Tel: +44 (0) 20 7260 1000
Corporate Broking: Michael Burke

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHDBGDCLUGBGLU