Director/PDMR Shareholding

By

Regulatory News | 18 Oct, 2024

Updated : 14:20

RNS Number : 8218I
Judges Scientific PLC
18 October 2024
 

Judges Scientific plc

Director/PDMR Shareholding

Judges Scientific plc (AIM: JDG), a group focused on acquiring and developing companies in the scientific instrument sector announces that Brad Ormsby, Chief Financial Officer, and his spouse on 17 October 2024 and 18 October 2024 respectively effected a "Bed and ISA" by way of the sale of 230 ordinary shares of 5p each in the Company ("Ordinary Shares") and immediate repurchase of the same number of Ordinary Shares into their respective ISAs, each at a price of 8900 pence per share. Following this transaction Brad Ormsby's beneficial holding remains unchanged at 4,551 Ordinary Shares representing approximately 0.07% of the total issued share capital and voting rights in the Company.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Bradley Ormsby

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Financial Officer

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

 

 

Sale and repurchase of Ordinary Shares through a "Bed and ISA" arrangement

c)

 

Price(s) and volume(s)

 

 

 

Type

Price(s)

 

Volume(s)

Sale

8900p

 

230

 

Purchase

8900p

 

230

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Type

Price(s)

 

Volume(s)

Sale & repurchase

8900p

 

230

 

 

 

e)

 

Date of the transaction

 

 

17/10/24

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Ruth Ormsby

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Person Closely Associated with Bradley Ormsby, Chief Financial Officer

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

 

 

Sale and repurchase of Ordinary Shares through a "Bed and ISA" arrangement

c)

 

Price(s) and volume(s)

 

 

 

Type

Price(s)

 

Volume(s)

Sale

8900p

 

230

 

Purchase

8900p

 

230

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Type

Price(s)

 

Volume(s)

Sale & repurchase

8900p

 

230

 

 

 

e)

 

Date of the transaction

 

 

18/10/24

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

-     Ends        -  

 For further information please contact:

 

 

 

Judges Scientific plc

David Cicurel, CEO

Brad Ormsby, CFO

Tel: +44 (0) 20 3829 6970

 

 

Shore Capital (Nominated Adviser & Joint Broker)

Stephane Auton

Harry Davies-Ball

Tel: +44 (0) 20 7408 4090

 


Liberum (Joint Broker)

Edward Mansfield

Nikhil Varghese

Josh Borlant

Tel : +44 (0) 20 3100 2222

 

 

Investec Bank plc (Joint Broker)

Virginia Bull

Carlton Nelson

Tel: +44 (0) 207 597 4000


Alma PR (Financial Public Relations)

Sam Modlin

Joe Pederzolli

Rebecca Sanders-Hewett

Sarah Peters

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 25 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

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