SDI Group (SDI)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 91.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 95.00p
  • 52 Week Low: 47.50p
  • Currency: UK Pounds
  • Shares Issued: 104.55m
  • Volume: 258,018
  • Market Cap: £95.66m
  • RiskGrade: 105
  • Beta: 0.01

SDI Group acquires Monmouth Scientific

By Iain Gilbert

Date: Thursday 03 Dec 2020

LONDON (ShareCast) - (Sharecast News) - SDI Group has acquired Monmouth Scientific, a British manufacturer of biological safety cabinets, fume cupboards, laminar flow cabinets and cleanrooms for approximately £5.8m.
The AIM-listed group said on Thursday that Monmouth was currently benefiting from "high levels demand" for its solutions for Covid-19 testing infrastructure and added that the acquisition was expected to be immediately earnings enhancing.

SDI added that Monmouth was also expected to move to new larger purpose-built premises in 2022.

SDI will make an initial payment of £2.66m for Monmouth, £2.46m of which will be satisfied in cash, with the remaining £200,000 to be covered by the issuance of 230,680 ordinary shares in the company.

A further payment in cash will follow shortly after completion, equivalent to the net tangible assets of Monmouth Scientific at completion, currently estimated at £1.6m, while an earnout cash payment, payable after 31 March 2021, was estimated to be roughly £2.1m.

Chairman Ken Ford said: "Monmouth Scientific is a further step in our group growth strategy. It is a complementary fit with our stable of businesses providing laboratory equipment, and generates areas for potential growth."

As of 1000 GMT, SDI shares were up 8.74% at 93.52p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SDI Group Market Data

Currency UK Pounds
Share Price 91.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 95.00p
52 Week Low 47.50p
Volume 258,018
Shares Issued 104.55m
Market Cap £95.66m
Beta 0.01
RiskGrade 105

SDI Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.06% below the market average66.06% below the market average66.06% below the market average66.06% below the market average66.06% below the market average
37.14% below the sector average37.14% below the sector average37.14% below the sector average37.14% below the sector average37.14% below the sector average
Price Trend
52.34% above the market average52.34% above the market average52.34% above the market average52.34% above the market average52.34% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Income Not Available
Growth
62.92% below the market average62.92% below the market average62.92% below the market average62.92% below the market average62.92% below the market average
51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average

SDI Group Dividends

No dividends found

Trades for 28-Aug-2025

Time Volume / Share Price
15:49 2,500 @ 91.10p
15:42 10,000 @ 91.60p
14:00 1,700 @ 90.00p
14:00 1,700 @ 90.00p
11:26 10,485 @ 91.55p

SDI Group Key Personnel

CFO Ami Sharma
CEO Stephen Brown

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