Exercise of Share Options and Total Voting Rights
SDI Group plc has issued 502,981 new ordinary shares following the exercise of share options by senior management, including the CEO and CFO, who sold a portion of their shares to cover tax liabilities, and the Chairman, who sold 135,455 shares for family financial planning. Following these transactions, the total number of ordinary shares in issue will be 105,076,107, with admission of the new shares expected around October 7, 2026.
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1 October 2026 - SDI Group plc, the buy and build group, focused on companies which design and manufacture specialist lab equipment, industrial & scientific sensors and industrial & scientific products, has issued and allotted a total of 502,981 new ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") following an exercise of share options.
Deferred Bonus Awards, Exercise and Sale
Pursuant to the previous grant of 1 pence options as deferred bonus awards for FY25 under the Company's Long Term Incentive Plan 2025 ("LTIP"), the Participants named below have exercised such awards and sold the number of ordinary shares noted in the table below to cover the tax and national insurance ("NI") liability levied on the transaction, retaining the net number of shares as a result of the exercise of their respective awards.
| Name of Participant | Grant Share Price (£) | Form of Award | Normal Vesting Date | Number of Options Exercised | Number of shares sold | Sell Share Price (£) | Net Number of Shares Retained |
|---|---|---|---|---|---|---|---|
| Stephen Brown | Nil | 1p options | 24 September 2026 | 191,287 | 92,009 | 0.9216 | 99,278 |
| Amitabh Sharma | Nil | 1p options | 24 September 2026 | 163,614 | 78,698 | 0.9216 | 84,916 |
Long Term Incentive Plan 2018, Exercise and Sale
The Company also announces that Ken Ford, Chairman, exercised nil-cost options over 135,455 Ordinary Shares of 1 pence each, granted on 19 March 2020 and which vested on 19 March 2023. Ken has sold 135,455 of those shares at 92.16 pence per share to facilitate family financial planning.
Following this transaction, Ken Ford remains a material shareholder and holds 970,000 Ordinary Shares in the Company, which represents approximately 0.92% of the Company's enlarged issued share capital.
A further 12,625 options of 1 pence each have been exercised by a senior member of the team.
Total Voting Rights
The New Ordinary Shares will rank pari passu with the existing Ordinary Shares and application has been made to the London Stock Exchange for 502,981 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 8:00 a.m. on 7 October 2026.
Following Admission, the total number of Ordinary Shares in issue will be 105,076,107 and the total number of voting rights will therefore be 105,076,107. 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.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them are detailed below:
| 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 | Exercise of options under the LTIP and Sale of shares to cover tax and NI liability |
| c) | Price(s) and volume(s) | Acquisition of shares on exercise of share options Sale of shares to cover tax and NI 191,287 (Nil) 92,009 (92.16p) |
| d) | Aggregated information: · Aggregated volume · Price | See 4 c) above See 4 c) above |
| e) | Date of the transaction | 30 September 2026 |
| f) | Place of the transaction | Exercise of share options - Outside a trading venue Sale of shares - London Stock Exchange (XLON) |
| 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 | Exercise of options under the LTIP and Sale of shares to cover tax and NI |
| c) | Price(s) and volume(s) | Acquisition of shares on exercise of share options Sale of shares to cover tax and NI 163,614 (Nil) 78,698 (92.16p) |
| d) | Aggregated information: · Aggregated volume · Price | See 4 c) above See 4 c) above |
| e) | Date of the transaction | 30 September 2026 |
| f) | Place of the transaction | Exercise of share options - Outside a trading venue Sale of shares - London Stock Exchange (XLON) |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Ken Ford |
| 2. | Reason for the Notification | |
| a) | Position/status | Chairman |
| 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 | Exercise of nil-cost options under the LTIP (2018) and sale of shares |
| c) | Price(s) and volume(s) | Acquisition of shares on exercise of share options Sale of shares 135,455 (Nil) 135,455 (92.16p) |
| d) | Aggregated information: · Aggregated volume · Price | See 4 c) above See 4 c) above |
| e) | Date of the transaction | 30 September 2026 |
| f) | Place of the transaction | Exercise of LTIP awards - Outside a trading venue Sale of shares - London Stock Exchange (XLON) |
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