TIDMJDG

RNS Number : 0782A

Judges Scientific PLC

16 January 2020

Judges Scientific plc

("Judges Scientific", "Judges", the "Company" or the "Group")

Exercise of Options and Director dealing

The Company has today issued 20,000 new ordinary shares of 5p each in the Company ("Ordinary Shares") pursuant to the exercise of options at a price of GBP14.38 under the Company's Unapproved Share Option Scheme. The new Ordinary Shares are being issued under the Company's current blocklisting.

The options were exercised by the Group Finance Director, Brad Ormsby. They were granted when he joined the Company in April 2015. He has today also sold 19,000 Ordinary Shares at GBP49.75 per Ordinary Share, partially to finance the cost of exercising the options, the resulting income tax and employer's National Insurance liabilities.

Following the exercise and sale, Brad Ormsby's holding in the Company has increased by 1,000 Ordinary Shares and therefore his resulting interest in the Company has increased to 3,680 Ordinary Shares representing 0.06 per cent. of the issued Ordinary share capital. In addition, he holds remaining options of 10,000 Ordinary Shares under the Company's Unapproved Share Option Scheme.

Following the allotment of these shares, the enlarged issued Ordinary share capital will be 6,246,091 Ordinary Shares.

For further information please contact:

 
   Judges Scientific 
   David Cicurel, CEO                       Tel: +44 (0) 20 
    Brad Ormsby, Group FD                    3829 6970 
 
     Shore Capital (Nominated Adviser 
     & Broker) 
   Stephane Auton                           Tel: +44 (0) 20 7408 4090 
    Edward Mansfield 
    Sarah Mather 
 
     Liberum (Joint Broker)                   Tel : +44 (0) 20 3100 2222 
     Bidhi Bhoma 
     Euan Brown 
 
     Media enquiries: 
     Alma PR (Financial Public Relations) 
   Rebecca Sanders-Hewett                   Tel: +44 (0) 20 3865 4219 
    Sam Modlin                               judges@almapr.co.uk 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Bradley Ormsby 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              Group Finance Director 
     ---------------------------  -------------------------------------- 
 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    Exercise of options and subsequent 
                                    sale of shares 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)   Volume(s) 
                                      1437.5p    20,000 
                                                ---------- 
                                      4975.0p    19,000 
                                                ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information       N/A (two separate single transactions 
 
       - Aggregated volume 
 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      16/01/2020 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     London Stock Exchange, AIM Market 
                                    (XLON) 
     ---------------------------  --------------------------------------

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.

END

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January 16, 2020 10:18 ET (15:18 GMT)

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