Issue of Equity

RNS Number : 8592R
Surgical Innovations Group PLC
26 September 2017

Surgical Innovations Group plc

(the "Company")


Issue of Shares


Surgical Innovations Group plc (AIM: SUN) has issued and allotted a total of 198,830 ordinary shares of 1p each ("Shares") at a price of 3.675p per share to Nigel Rogers, Executive Chairman, and Michael McMahon, Non-Executive Director in lieu of remuneration for the third quarter of 2017.


Details of the Shares issued and the resulting holdings of each of the directors are as follows:



Shares issued

Resulting holding

Percentage of enlarged share capital

Nigel Rogers




Michael McMahon





The issue price was set at the closing price on the date of the Company's payroll in September.


Application will be made for 198,830 Shares to be admitted to trading on AIM ("Admission") which is expected to take place on 2 October 2017.


Following Admission, the total number of ordinary shares in issue will be 780,463,418 with each share carrying the right to one vote. The above figure may be used by shareholders as the denominator for the purposes of calculating their holding in the Company under the Disclosure Guidance and Transparency Rules.


For further information please contact:


Surgical Innovations Group plc

Nigel Rogers, Executive Chairman

Tel: 0113 230 7597

Melanie Ross, COO & CFO




WH Ireland Limited (NOMAD & Broker)

Tel: 0113 394 6600

Tim Feather




Walbrook PR  (Financial PR & Investor Relations)

Tel: 020 7933 8780 or

Paul McManus

Mob: 07980 541 893

Lianne Cawthorne

                                                 Mob: 07584 391 303


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