TIDMJDG

RNS Number : 8260A

Judges Scientific PLC

24 January 2024

Judges Scientific plc

("Judges Scientific" or the "Company")

Grant of Options

Judges Scientific announces that it has issued options over 13,200 new ordinary shares of 5 pence each in the Company ("Ordinary Shares") at an exercise price per share of GBP95.00, being the closing mid price on 23 January 2024.

13,200 options have been awarded in total by the Remuneration Committee to certain of the Directors, as shown in the table below, to retain and incentivise them. Vesting of the options after three years is subject to the achievement of 5% compound growth in adjusted earnings per share over the vesting period, and to continued employment.

 
 Director        Number        Option Scheme   Vesting      Expiry 
                  of options                    date         date 
 David Cicurel   4,400         Unapproved      23/01/2027   22/01/2034 
                ------------  --------------  -----------  ----------- 
 Brad Ormsby     4,400         Unapproved      23/01/2027   22/01/2034 
                ------------  --------------  -----------  ----------- 
 Mark Lavelle    4,400         Unapproved      23/01/2027   22/01/2034 
                ------------  --------------  -----------  ----------- 
 
   -      Ends - 
 
            - For further information please contact: 
 Judges Scientific plc                                  Shore Capital (Nominated 
  David Cicurel, CEO                                     Adviser & Joint Broker) 
  Brad Ormsby, CFO                                       Stephane Auton 
  Tel: +44 (0) 20 3829 6970                              Iain Sexton 
                                                         Tel: +44 (0) 20 7408 4090 
   Liberum (Joint Broker)                               Investec Bank plc (Joint 
    Edward Mansfield                                     Broker) 
    N ikhil Varghese                                     Virginia Bull 
    Tel : +44 (0) 20 3100 2222                           Carlton Nelson 
                                                         Tel: +44 (0) 207 597 4000 
 Alma (Financial Public Relations) 
  Sam Modlin 
  Rebecca Sanders-Hewett 
  Joe Pederzolli 
  Tel: +44 (0) 20 3405 0205 
  judges@almastrategic.com 
 
 

Notes to editors:

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group consists of 22 businesses acquired since 2005.

The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities. The UK is a recognised centre of excellence for scientific instruments. The Group has received five Queen's Awards for innovation and export.

The Group's companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins.

Judges Scientific maintains a policy of selectively acquiring businesses that generate sustainable profits and cash. Shareholder returns are created through the reduction of debt, organic growth and dividends.

For further information, please visit www.judges.uk.com

Judges Scientific plc

Director/PDMR Shareholding

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         David Cicurel 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              Chief Executive Officer 
     ---------------------------  -------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         Judges Scientific plc 
     ---------------------------  -------------------------------------- 
 b)   LEI                          2138004EXWWPTW1JOL31 
     ---------------------------  -------------------------------------- 
 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           Ordinary shares in Judges Scientific 
       financial instrument,        plc 
       type of instrument 
 
       Identification code          GB0032398678 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Grant of Options 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)   Volume(s) 
                                      9500.0p    4,400 
                                                ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information       N/A (single transaction) 
 
       - Aggregated volume 
 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      23/01/24 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     Off market 
     ---------------------------  -------------------------------------- 
 

Judges Scientific plc

Director/PDMR Shareholding

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                         Bradley Ormsby 
     ---------------------------  -------------------------------------- 
      Reason for the notification 
  2 
     ------------------------------------------------------------------- 
 a)   Position/status              Group Finance Director 
     ---------------------------  -------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  -------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         Judges Scientific plc 
     ---------------------------  -------------------------------------- 
 b)   LEI                          2138004EXWWPTW1JOL31 
     ---------------------------  -------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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           Ordinary shares in Judges Scientific 
       financial instrument,        plc 
       type of instrument 
 
       Identification code          GB0032398678 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Grant of Options 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)   Volume(s) 
                                      9500.0p    4,400 
                                                ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information       N/A (single transaction) 
 
       - Aggregated volume 
 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      23/01/24 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     Off market 
     ---------------------------  -------------------------------------- 
 

Judges Scientific plc

Director/PDMR Shareholding

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                         Mark Lavelle 
     ---------------------------  -------------------------------------- 
      Reason for the notification 
  2 
     ------------------------------------------------------------------- 
 a)   Position/status              Chief Operating Officer 
     ---------------------------  -------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  -------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         Judges Scientific plc 
     ---------------------------  -------------------------------------- 
 b)   LEI                          2138004EXWWPTW1JOL31 
     ---------------------------  -------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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           Ordinary shares in Judges Scientific 
       financial instrument,        plc 
       type of instrument 
 
       Identification code          GB0032398678 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Grant of Options 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)   Volume(s) 
                                      9500.0p    4,400 
                                                ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information       N/A (single transaction) 
 
       - Aggregated volume 
 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      23/01/24 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     Off market 
     ---------------------------  -------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHBRGDBISDDGSS

(END) Dow Jones Newswires

January 24, 2024 12:52 ET (17:52 GMT)

Judges Scientific (LSE:JDG)
Gráfica de Acción Histórica
De Abr 2024 a May 2024 Haga Click aquí para más Gráficas Judges Scientific.
Judges Scientific (LSE:JDG)
Gráfica de Acción Histórica
De May 2023 a May 2024 Haga Click aquí para más Gráficas Judges Scientific.