Grant of Share Option Awards
Executive Directors granted share option awards under Long Term Incentive Plan 2025.
- Stephen Brown LTIP award 312,121 shares
- Stephen Brown deferred bonus award 191,287 shares
- Amitabh Sharma LTIP award 267,070 shares
- Amitabh Sharma deferred bonus award 163,614 shares
- Total Ordinary Shares in issue post-Admission 104,573,126
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25 September 2025 - SDI Group plc, the buy and build group, focused on companies which design and manufacture specialist lab equipment, industrial and scientific sensors and industrial & scientific products, announces details of the grant of share option awards on 24 September 2025 to the Company's Executive Directors in respect of Ordinary Shares of 1p each in the Company. Two separate awards were granted to each Executive Director.
One award is a deferred bonus award in respect of SDI's financial year ended 30 April 2025 granted under the Company's Long Term Incentive Plan 2025. The other award is a performance based LTIP award, also granted under the Company's Long Term Incentive Plan 2025 ("LTIP") (together, the "Grants").
The deferred bonus awards have an exercise price per share of 1 pence and are exercisable one year from grant and have no performance conditions.
The LTIP awards have an exercise price per share of 1 pence and are ordinarily exercisable three year from grant subject to continued service and to the extent that performance conditions measured over a 3-year performance period are met. The LTIP awards are also subject to net of tax post vesting holding period to be determined by the Remuneration Committee. The performance conditions for the awards are linked to the Company's growth in EPS and total shareholder return.
Each of the awards are subject to the rules of the LTIP including its good/bad leaver terms and its malus and claw back provisions.
The following awards have been made:
| Name | Role | LTIP award (no. of shares) | Vesting Date | Deferred bonus award (no. of shares) | Vesting Date | Total options following the Grants (no of shares) |
|---|---|---|---|---|---|---|
| Stephen Brown | Chief Executive Officer | 312,121 | 25 September 2028 | 191,287 | 24 September 2026 | 1,290,128 |
| Amitabh Sharma | Chief Financial Officer | 267,070 | 25 September 2028 | 163,614 | 24 September 2026 | 1,084,856 |
Separate from the above, the Company also announces that it has issued and allotted a total of 21,800 new ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") following an exercise of approved options by an employee.
Application has been made to the London Stock Exchange for the 21,800 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective, and trading will commence at 8:00 a.m. on or around 26 September 2025.
Following Admission, the total number of Ordinary Shares in issue will be 104,573,126 and the total number of voting rights will therefore be 104,573,126. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
| 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 |
| a) | Name | SDI Group plc |
| b) | LEI | 213800YA3XW7JRE46Z70 |
| a) | Description of the Financial instrument, type of instrument | Ordinary Shares of 1p each |
| Identification code | GB00B3FBWW43 | |
| b) | Nature of the transaction | 1. Grant of a deferred bonus award under the SDI Group plc Long Term Incentive Plan 2025 . 2. Grant of a LTIP award under the SDI Group plc Long Term Incentive Plan 2025. Each award is structured as an option over Ordinary Shares and have an associated exercise price of 1 pence per Ordinary Share. |
| c) | Price(s) and volume(s) | Price (s) Volume(s) Nil 191,287 Nil 312,121 |
| d) | Aggregated information: · Aggregated volume · Price | 503,408 Nil |
| e) | Date of the transaction | 24 September 2025 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Amitabh Sharma |
| 2. | Reason for the Notification | |
| a) | Position/status | Chief Financial Officer |
| b) | Initial notification/Amendment | Initial notification |
| a) | Name | SDI Group plc |
| b) | LEI | 213800YA3XW7JRE46Z70 |
| a) | Description of the Financial instrument, type of instrument | Ordinary Shares of 1p each |
| Identification code | GB00B3FBWW43 | |
| b) | Nature of the transaction | 1. Grant of a deferred bonus award under the SDI Group plc Long Term Incentive Plan 2025 . 2. Grant of a LTIP award under the SDI Group plc Long Term Incentive Plan 2025. Each award is structured as an option over Ordinary Shares and have an associated exercise price of 1 pence per Ordinary Share. |
| c) | Price(s) and volume(s) | Price (s) Volume(s) Nil 163,614 Nil 267,070 |
| d) | Aggregated information: · Aggregated volume · Price | 430,684 Nil |
| e) | Date of the transaction | 24 September 2025 |
| f) | Place of the transaction | Outside a trading venue |
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