SDI GROUP PLC — M&A Activity 2019

Jan 17, 2019

National Storage Mechanism | Additional information

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RNS Number : 2959N

Scientific Digital Imaging Plc

17 January 2019

Scientific Digital Imaging plc

("SDI", the "Company" or the Group")

(AIM: SDI)

Acquisition

Scientific Digital Imaging 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, including life sciences, healthcare, astronomy, manufacturing and art conservation, announces concurrent with the announcement made today by DeepMatter plc (AIM:DMTR) ("DeepMatter"), that on 15 January 2019 the Group's subsidiary, Synoptics Limited, acquired the Scanning Ion Conductance Microscope ("SICM") business of DeepMatter (the "Acquisition").

The Acquisition, by way of an asset purchase agreement, complements the existing product offering of Synoptics.  The SICM business under the Ionscope brand will be managed alongside the existing Synoptics brands of Syngene, Synbiosis and Synoptics Health. The Acquisition is not a substantial transaction for SDI under the AIM Rules for Companies.

Enquiries:

Scientific Digital Imaging plc                                                         01223 320480

Ken Ford, Chairman Mike Creedon, CEO Jon Abell, CFO

www.scientificdigitalimaging.com

finnCap Ltd                                                                                    020 7220 0500

Ed Frisby/Kate Bannatyne - Corporate Finance Andrew Burdis/Sunila de Silva - ECM

JW Communications                                                                      07818 430877

Julia Wilson - Investor & Public Relations

About SDI:

Scientific Digital Imaging 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 and art conservation. SDI operates through its company divisions: Applied Thermal Control, Astles, Atik Cameras, Sentek and Synoptics, as well as the recently acquired, Fistreem.

SDI continues to grow by developing its own technology advancements and by improving its global distribution footprint, as well as through pursuing strategic, complementary acquisitions.

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