Surgical Innovations Group plc
("SI Group" or "the Company")
Exercise of Options, PDMR Shareholding & Total Voting Rights
Exercise of Options
Surgical Innovations (AIM: SUN), the designer and manufacturer of innovative technology for minimally invasive surgery, announces that, on 24 May 2019, it issued and allotted a total of 1,500,000 ordinary shares of 1 penny each in the capital of the Company following an exercise of options by an employee of the Company.
PDMR Shareholding
The Company announces that, also on 24 May 2019, it issued and allotted a total of 1,500,000 ordinary shares of 1 penny each in the capital of the Company following an exercise of options by Charmaine Day, Company Secretary and PDMR. As part of this transaction, Mrs Day sold 1,000,000 shares at a price of 4 pence per share.
Following this transaction, the beneficial holding of Charmaine Day in the Company is 805,343 shares, representing approximately 0.1% of the issued share capital.
Application will be made to the London Stock Exchange for admission of the 3,000,000 ordinary shares to trading on AIM ("Admission") and it is expected that Admission will take place and that trading will commence on AIM on 4 June 2019.
Total Voting Rights
Following Admission, the Company will have 790,566,177 ordinary Shares in issue with each share carrying the right to one vote. The Company has no ordinary Shares held in treasury. The total number of voting rights in the Company following Admission will therefore be 790,566,177.
For further information please contact:
Surgical Innovations Group Plc |
www.sigroupplc.com |
Nigel Rogers, Non-Executive Chairman |
Tel: 0113 230 7597 |
Melanie Ross, Chief Financial Officer |
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N+1 Singer (Nominated Advisor and Broker) |
Tel: 020 7496 3000 |
Richard Lindley |
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Rachel Hayes |
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Walbrook PR (Financial PR & Investor Relations) |
Tel: 020 7933 8780 or [email protected] |
Paul McManus |
Mob: 07980 541 893 |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
a) |
Name |
Charmaine Day |
2 |
Reason for the notification |
a) |
Position/status |
Company Secretary, Surgical Innovations Group plc |
b) |
Initial notification/ Amendment |
Initial Notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name |
Surgical Innovations Group plc |
b) |
LEI |
2138004GHGUH3HUZE156 |
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 of 1p GB0004016704 |
b) |
Nature of the transactions |
Exercise of 1,500,000 share options ("Exercise") Sale of 1,000,000 Ordinary Shares of 1p ("Sale") |
c) |
Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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In relation to the Exercise: 1.575p In relation to the Sale: 4p |
1,500,000 1,000,000 |
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d) |
Aggregated information - Aggregated volume - Price |
Not applicable, the Exercise and the Sale were each completed as single transactions completed as |
e) |
Date of the transactions |
24 May 2019 |
f) |
Place of the transactions |
In respect of the Exercise, outside a trading venue In respect of the Sale, London Stock Exchange, AIM Market (XLON) |
