Exercise of Options, PDMR Shareholding & TVR

RNS Number : 5112A
Surgical Innovations Group PLC
29 May 2019
 

 

                                                                           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




N+1 Singer (Nominated Advisor and Broker)

Tel: 020 7496 3000

Richard Lindley


Rachel Hayes




Walbrook PR (Financial PR & Investor Relations)

Tel: 020 7933 8780 or si@walbrookpr.com

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)

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

 

 

 

In relation to the Exercise:

1.575p

 

In relation to the Sale:

4p

 

1,500,000

 

 

1,000,000

 

 

 

 

 

 

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)

 

 

 

 


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