TIDMSIS
RNS Number : 7211Y
Science in Sport PLC
05 January 2024
Science in Sport plc
(the "Company")
Director/PDMR Shareholding
Science in Sport plc (AIM: SIS) has been notified that Gomrath
Limited, a family investment company controlled by Dan Wright,
Executive Chairman, purchased a total of 1,000,000 ordinary shares
in the Company on 2 January 2024 at an average price of 11 pence
per ordinary share . Following the transaction, Gomrath Limited are
interested in an aggregate of 1,000,000 ordinary shares
representing 0.55% of the Company's issued ordinary share
capital.
Additionally, the Company has also been notified that Lombard
Odier Asset Management (Europe) Limited ("Lombard Odier"), PCA of
Henry Turcan, Non-Executive Director of the Company purchased a
total of 3,728,485 ordinary shares in the Company on 2 January 2024
at an average price of 11 pence per ordinary share. Lombard Odier
purchased a further total of 6,017,861 ordinary shares in the
Company on 3 January 2024 at an average price of 11 pence per
ordinary share. Following the transactions, Lombard Odier are
interested in an aggregate of 46,938,024 ordinary shares
representing 2 5.75 % of the Company's issued ordinary share
capital.
The notification below is made in accordance with the
requirements of the EU Market Abuse Regulation.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them:
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Gomrath Limited
-------------------------- --------------------------------------
Reason for the notification
2
------------------------------------------------------------------
a) Position/status PCA of Dan Wright, Executive Chairman
-------------------------- --------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- --------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
------------------------------------------------------------------
a) Name Science in Sport plc
-------------------------- --------------------------------------
b) LEI 213800FWYWBJFJPPJ981
-------------------------- --------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 of 10 pence each
financial instrument,
type of instrument ISIN: GB00BBPV5329
Identification code
-------------------------- --------------------------------------
b) Nature of the transaction Purchase of new Ordinary Shares
-------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
11 pence 1,000,000
---------- ----------
-------------------------- --------------------------------------
d) Aggregated information
Single transaction as in 4 c) above
Aggregated volume
Price
-------------------------- --------------------------------------
e) Date of the transaction 2 January 2024
-------------------------- --------------------------------------
f) Place of the transaction XLON
-------------------------- --------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Lombard Odier Asset Management (Europe)
Limited
-------------------------- --------------------------------------------
Reason for the notification
2
------------------------------------------------------------------------
a) Position/status PCA of Henry Turcan, Non-Executive Director
-------------------------- --------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- --------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Science in Sport plc
-------------------------- --------------------------------------------
b) LEI 213800FWYWBJFJPPJ981
-------------------------- --------------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 of 10 pence each
financial instrument,
type of instrument ISIN: GB00BBPV5329
Identification code
-------------------------- --------------------------------------------
b) Nature of the transaction Purchase of new Ordinary Shares
-------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
1) 11 pence 3,728,485
--------- ----------
2) 11 pence 6,017,861
--------- ----------
-------------------------- --------------------------------------------
d) Aggregated information
Single transactions as in 4 c) above
Aggregated volume
Price
-------------------------- --------------------------------------------
e) Date of the transaction 1) 2 January 2024
2) 3 January 2024
-------------------------- --------------------------------------------
f) Place of the transaction XLON
-------------------------- --------------------------------------------
For further information:
Science in Sport plc T: 020 7400 3700
Dan Wright, Executive Chairman
Daniel Lampard, CFO
Liberum (Nominated Adviser and T: 020 3100 2000
Broker)
Richard Lindley
John More
Notes to Editors
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 Tmall, 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, sports nutrition market, worth $24.6bn in
2022 and forecast to grow CAGR 5.9% from 2022 to 2027.(1)
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 is Performance Solutions partner to Ineos Grenadiers cycling
team, Tottenham Hotspur and CGC Nice football, as well as Official
Nutrition Partner to the Milwaukee Bucks, 2021 National Basketball
Association Champions.
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. PhD brand ambassadors include leading
endurance and strength athlete Ross Edgley and influencer Gabby
Allen.
For further information, please visit phd.com and
scienceinsport.com
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END
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