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Director Dealing & Exercise of Share Options

Director Dealing & Exercise of Share Options.

articleScience Group PlcSeptember 30, 20204/company/science-group-plc/news/director-dealing-and-exercise-of-share-options-1
Director Dealing & Exercise of Share Options

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[{"type":"text","content":"\n \n \n \n RNS Number : 6374A\n Science Group PLC\n 30 September 2020\n  \n \n \n \n  \n \n \n  \n \n \n \n \n \n \n \n \n \n \n \n \n  \n \n \n 30 September 2020\n \n \n \n \n \n  \n \n \n Science Group plc\n \n \n (the \"Company\" or \"Science Group\")\n \n \n  \n \n \n  \n \n \n Director Dealing\n \n \n  \n \n \n Exercise of share options\n \n \n  \n \n \n Since Group \n announces that it has been notified by Martyn Ratcliffe (the \"Seller\") that, following the announcement earlier today, he has successfully sold a total of 2,000,826\n ordinary shares in the Company (\"Sale Shares\") at a price of 240\n  pence per Sale Share (the \"Sale\"). The Sale Shares in aggregate represent approximately 4.8\n % of the Company's issued share capital excluding treasury shares. \n \n \n Martyn Ratcliffe will continue to have an interest in approximately 27.25% of the issued share capital of the Company. Martyn Ratcliffe\n has also undertaken not to dispose of any further ordinary shares for a period of 12 months after completion of the Sale (subject to customary exceptions).\n \n \n The Company was not a party to the Sale and will not receive any proceeds from the Sale.\n \n \n Exercise of share options\n \n \n Science Group also announce that on 30 September 2020 it issued 253,275 treasury shares at a price of 240 pence per share \n following the exercise of share options by certain employees\n .  As part of this transaction: \n \n \n · \n Dan Edwards, Director, acquired 75,000 ordinary shares in the Company at a price of 1 pence per share.  On the same day, Dan Edwards subsequently disposed of 40,000 ordinary shares in the Company at a price of 240 pence per share.\n \n \n · \n Rebecca Archer, Director, acquired 25,000 ordinary shares in the Company at a price of 1 pence per share.  On the same day, Rebecca Archer subsequently disposed of 40,000 ordinary shares in the Company at a price of 240 pence per share.\n \n \n · \n Sarah Cole, PDMR, acquired 25,000 ordinary shares in the Company at a price of 1 pence per share.  On the same day, Sarah Cole subsequently disposed of 25,000 ordinary shares in the Company at a price of 240 pence per share.\n \n \n The total number of ordinary shares in issue (excluding treasury shares) following this announcement i...

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