SDI GROUP PLC — Remuneration Information 2024

Feb 26, 2024

National Storage Mechanism | Additional information

RNS Number : 3495E

SDI Group PLC

26 February 2024

SDI Group plc

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

Long Term Incentive Plan ("LTIP") Awards

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 details of awards on 23 February 2024 under the Scientific Digital Imaging plc Long Term Incentive Plan 2018 ("LTIP") (the "Grant").

Pursuant to the LTIP, the following awards have been made:

Name	Role	LTIP Award (number of shares)	Vesting Date	Total options following the Grant (number of shares)
Stephen Brown	Chief Executive Officer	250,000	23 February 2027	250,000
Ami Sharma	Chief Financial Officer	200,000	23 February 2027	411,056

The 1p awards are subject to a 3-year performance period (the "Performance Period") followed by a holding period to be determined by the Remuneration Committee. The awards are further subject to claw back and malus provisions. The performance condition for the awards is linked to the Company's growth in EPS and total shareholder return.

FOR FURTHER INFORMATION

SDI Group plc Ken Ford, Chairman Stephen Brown, Chief Executive Officer Ami Sharma, Chief Financial Officer	01223 727144
www.sdigroup.com
Cavendish Capital Markets Limited Ed Frisby/Seamus Fricker - Corporate Finance Andrew Burdis/Sunila de Silva - ECM	020 7220 0500

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, Monmouth Scientific, Uniform Engineering, Scientific Vacuum Systems, Safelab Systems, LTE Scientific, Fraser Anti-Static Techniques and Peak Sensors.

Corporate expansion is via organic growth within its subsidiary companies and through the acquisition of complementary, niche technology businesses with established reputations in global markets.

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stephen Brown

2.

Reason for the Notification

a)

Position/status

Chief Executive Officer

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 1p each 

Identification code

GB00B3FBWW43

b)

Nature of the transaction

Issue of Options

c)

Price(s) and volume(s)

Exercise Price	Volume(s)
1p	250,000

d)

Aggregated information:

·         Aggregated volume

·         Price

As in 4c) above

e)

Date of the transaction

23 February 2024

f)

Place of the transaction

Outside a trading venue

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ami Sharma 

2.

Reason for the Notification

a)

Position/status

Chief Financial Officer

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 1p each 

Identification code

GB00B3FBWW43

b)

Nature of the transaction

Issue of Options

c)

Price(s) and volume(s)

Exercise Price	Volume(s)
1p	200,000

d)

Aggregated information:

·         Aggregated volume

·         Price

As in 4c) above

e)

Date of the transaction

23 February 2024

f)

Place of the transaction

Outside a trading venue

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