Science in Sport plc
("Science in Sport" or the "Company")
Director/PDMR Shareholding
Science in Sport, the premium performance nutrition company serving elite athletes, sports enthusiasts and the active lifestyle community, announces that, in addition to his participation in the proposed placing by the Company announced on 4 July 2024 (the "Placing"), Dan Wright, Executive Chairman, purchased a further 613,000 ordinary shares in the Company on 5 July 2024. Following the share purchases, and on completion of the Placing, Dan Wright will be interested in an aggregate of 8,201,493* ordinary shares representing 3.53%** of the Company's issued ordinary share capital.
*6,882,352 Ordinary Shares (including 5,882,352 shares to be issued as part of the Placing) are held through Gomrath Limited, a family investment company controlled by Dan Wright.
**Assuming the Retail Offer is taken up in full.
The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.
The information below set out in accordance with the requirement of the EU Market Abuse Regulation provides further detail.
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | Daniel Wright | ||||||
| 2 | Reason for notification |
| ||||||
| a. | Position/Status | Executive Chairman | ||||||
| b. | Initial notification/ Amendment | Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Science in Sport plc | ||||||
| b. | LEI | 213800FWYWBJFJPPJ981 | ||||||
| 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 | Ordinary Shares of 10 pence each | ||||||
| b. | Nature of the transaction | Purchase of shares
| ||||||
| c. | Price(s) and volume(s) | | | | | | ||
| | Price(s) | Volume(s) | | |||||
| 17 pence | 588,000 | | ||||||
| | 17.5 pence | 25,000 | | |||||
| | ||||||||
| d. | Aggregated information - Aggregated Volume - Price | 613,000 17 pence | ||||||
| e. | Date of the transaction | 5 July 2024 | ||||||
| f. | Place of the transaction | London Stock Exchange, AIM | ||||||
For further information:
| Science in Sport plc | T: +44 (0) 20 7400 3700 |
| Daniel Wright, Executive Chairman Daniel Lampard, Chief Operating Officer Christopher Welsh, Chief Financial Officer
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| Panmure Liberum Limited (Nominated Adviser and Broker) | T: +44 (0) 20 3100 2000 |
| Richard Lindley John More Anake Singh
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About Science in Sport plc
Headquartered in London, Science in Sport plc is a leading sports nutrition business that develops, manufactures, and markets innovative nutrition products for professional athletes, sports and fitness enthusiasts and the active lifestyle community. The Company has two highly regarded brands, PhD Nutrition, a premium active-nutrition brand targeting the active lifestyle community, and SiS, a leading endurance nutrition brand among elite athletes and professional sports teams.
The two brands sell through the Company's phd.com and scienceinsport.com digital platforms, third-party online sites, including Amazon and eBay, and extensive retail distribution in the UK and internationally, including major supermarkets, high street chains and specialist sports retailers. This omnichannel footprint enables the Company to address the full breadth of the sports nutrition market.
PhD is one of the UK's leading active nutrition brands with a reputation for high quality and product innovation. The brand has grown rapidly since its launch in 2005. The range now comprises powders, bars, and supplements, including the high protein, low sugar range, PhD Smart.
SiS, a leading endurance nutrition business founded in 1992, has a core range comprising gels, powders and bars focused on energy, hydration, and recovery. SiS is an official endurance nutrition supplier to over 320 professional teams, organisations, and national teams worldwide. SiS supplies more than 150 professional football clubs in the UK, Europe, and the USA.
SiS is Performance Solutions partner to Ineos Grenadiers cycling team, and Tottenham Hotspur and CGC Nice football clubs.
For further information, please visit phd.com and scienceinsport.com
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