Creo Medical Group PLC Director/PDMR Shareholding

RNS Number : 5203J

Creo Medical Group PLC

24 October 2024

 

 

LEI: 213800H188ZDCWWXFA21

Creo Medical Group plc

("Creo" or the "Company")

 

Director/PDMR Share Dealings

 

Creo Medical Group plc (AIM: CREO), a medical device company focused on the emerging field of surgical endoscopy for cancer and pre-cancer patients, announce that on 24 October 2024, Richard Rees, CFO has:

 

a)   in order to effect a "Bed and ISA" transaction, sold 1740,740 ordinary shares in the Company ("Ordinary Shares") at a price of 20 pence per Ordinary Share from his Dealing Account and then repurchased into his Individual Savings Account ("ISA") 98,000 Ordinary Shares at a price of £20.015 pence per Ordinary Share; and

 

b)   Rachel Rees, a person closely associated with him ("PCA") has purchased the remaining 76,740 Ordinary Shares into her ISA.

 

Following these transactions, there has been no change in the number of shares in which Richard Rees has an interest.

 

This announcement, including the notification below, is made in accordance with the requirements of the UK Market Abuse Regulation.

 

For further information please contact: 

 

Creo Medical Group plc		www.creomedical.com
Richard Craven, Company Secretary		Via Walbrook PR
Cavendish Capital Markets Limited (Nominated Adviser, Joint Bookrunner and Joint Broker)		[phone]
Stephen Keys / Camilla Hume / George Lawson (NOMAD)
Michael Johnson (Sales)
Deutsche Numis (Joint Bookrunner and Joint Broker) Freddie Barnfield / Duncan Monteith / Euan Brown William Baunton (ECM)		[phone]
Walbrook PR Ltd	Tel: [phone] or [e-mail]
Paul McManus / Alice Woodings Philip Marriage	Mob: [phone] Mob: [phone]

 

About Creo Medical 

Creo Medical is a medical device company focused on the development and commercialisation of minimally invasive electrosurgical devices, bringing advanced energy to endoscopy.

 

The Company's vision is to improve patient outcomes through the development and commercialisation of a suite of electrosurgical medical devices, each enabled by CROMA, powered by Kamaptive. The Group has developed the CROMA powered by Kamaptive full-spectrum adaptive technology to optimise surgical capability and patient outcomes. Kamaptive is a seamless, intuitive integration of multi-modal energy sources, optimised to dynamically adapt to patient tissue during procedures such as resection, dissection, coagulation and ablation of tissue. Kamaptive technology provides clinicians with increased flexibility, precision and controlled surgical solutions. CROMA currently delivers bipolar radiofrequency ("RF") energy for precise localised cutting and focused high frequency microwave ("MW") energy for controlled coagulation and ablation via a single accessory port. This technology, combined with the Group's range of patented electrosurgical devices, is designed to provide clinicians with flexible, accurate and controlled clinical solutions. The Directors believe the Company's technology can impact the landscape of surgery and endoscopy by providing a safer, less-invasive and more cost-efficient option for procedures.

 

For more information, please refer to the website www.creomedical.com

 

 

 

 

 

 

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Rees
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Creo Medical Group plc
b)	LEI	213800H188ZDCWWXFA21
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	Ordinary shares of £0.001 each
	Identification code	GB00BZ1BLL44
b)	Nature of the transaction	1.     Sale of Ordinary Shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.20	174,740
d)	Aggregated information	N/A single transaction
	Aggregated volume	N/A single transaction
	Price	N/A single transaction
e)	Date of the transaction	24 October 2024
f)	Place of the transaction	London Stock Exchange

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Rees
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Creo Medical Group plc
b)	LEI	213800H188ZDCWWXFA21
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	Ordinary shares of £0.001 each
	Identification code	GB00BZ1BLL44
b)	Nature of the transaction	1.     Purchase of Ordinary Shares via his ISA
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.20015	98,000
d)	Aggregated information	N/A single transaction
	Aggregated volume	N/A single transaction
	Price	N/A single transaction
e)	Date of the transaction	24 October 2024
f)	Place of the transaction	London Stock Exchange

 

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Rachel Rees
2	Reason for the notification
a)	Position/status	PCA to Richard Rees, CFO
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Creo Medical Group plc
b)	LEI	213800H188ZDCWWXFA21
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	Ordinary shares of £0.001 each
	Identification code	GB00BZ1BLL44
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.20015	76,740
d)	Aggregated information	N/A single transaction
	Aggregated volume	N/A single transaction
	Price	N/A single transaction
e)	Date of the transaction	24 October 2024
f)	Place of the transaction	London Stock Exchange

 

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