8th Jun 2022 15:52
Press Release |
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Judges Scientific plc
("Judges Scientific" or the "Company")
Issue of Ordinary Shares
Further to the announcement of the acquisition of Geotek on 23 May 2022 ("Geotek Announcement"), Judges Scientific has today issued 2,929 ordinary shares of 5p each ("Ordinary Share") to Charles Holroyd, Non Executive Director of the Company, as payment for the Introduction Fee due to him in relation to the Initial Consideration for Geotek.
Following the issue of shares, Mr Holroyd now holds 4,945 Ordinary Shares representing 0.001 % of the total issued share capital and voting rights in the Company.
Application for admission of the new Ordinary Shares to trading on AIM has been made and dealing in the new Ordinary Shares is expected to commence at 8.00 a.m. on 13 June 2022. The new Ordinary Shares will rank pari-passu with the Company's existing issued ordinary shares.
Capitalised terms used in this announcement shall, unless otherwise defined, have the same meaning as in the Geotek Announcement.
- Ends -
For further information please contact:
Judges Scientific |
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David Cicurel, CEO Brad Ormsby, Group FD | Tel: +44 (0) 20 3829 6970 | ||
Shore Capital (Nominated Adviser & Broker) | |||
Stephane Auton Iain Sexton | Tel: +44 (0) 20 7408 4090 | ||
Liberum (Joint Broker) Edward Mansfield William Hall
Media enquiries: Alma PR (Financial Public Relations) |
Tel : +44 (0) 20 3100 2222
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Sam Modlin Justine James Joe Pederzolli
| Tel: +44 (0) 20 3405 0205 judges@almapr.co.uk | ||
Notes to editors:
Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 20 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
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
| Charles Holroyd | ||||
2
| Reason for the notification
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a)
| Position/status
| Non Executive Director | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
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 financial instrument, type of instrument
Identification code
| Ordinary shares in Judges Scientific plc
GB0032398678
| ||||
b)
| Nature of the transaction
| Issue of shares in payment of an introduction fee in relation to a transaction by the Company | ||||
c)
| Price(s) and volume(s)
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| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A (single transaction) | ||||
e)
| Date of the transaction
| 08/06/2022 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON) | ||||
Related Shares:
Judges Scientific