Issue of Equity

RNS Number : 5073Z
Surgical Innovations Group PLC
11 December 2014



Press Release

11 December 2014


Surgical Innovations Group plc


("Surgical Innovations" or the "Group" or the "Company")


Issue of Equity


Surgical Innovations Group plc (AIM: SUN) announces that, following the exercise of options by a Director today, it has issued and allotted 400,000 ordinary shares of 1p each.


Details of the Director's options exercised and resulting shareholding is as follows:-


Number of options

Exercise price

Total shareholding following issue

Total shareholding percentage of enlarged issued share capital

Michael John McMahon


1.7 pence




Accordingly Application has been made to the London Stock Exchange for the 400,000 New Ordinary Shares of 1p each to be admitted to trading on AIM ("Admission"). It is expected that such Admission will occur on 17 December 2014. The new ordinary shares rank pari passu with the existing shares of the Company.


Following Admission the total number of ordinary shares in issue will be 485,064,282 with each share carrying the right to one vote. The above figure may be used by shareholders as the denominator for the purposes of the Disclosure and Transparency Rules.





For further information please contact:


Surgical Innovations Group plc

Doug Liversidge CBE, Non-executive Chairman

Tel:  +44 (0) 7798 892 918

Nominated Adviser and Broker

Panmure Gordon

Freddy Crossley / Peter Steel (Corporate Finance)

Tel:  +44 (0) 207 886 2500


Media Enquiries

Abchurch Communications

Jamie Hooper

Tel: +44 (0) 207 398 7700


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