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CREO Creo Medical Group Plc

36.25
1.15 (3.28%)
Last Updated: 14:57:46
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Creo Medical Group Plc LSE:CREO London Ordinary Share GB00BZ1BLL44 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.15 3.28% 36.25 36.00 36.50 36.50 35.25 35.25 590,751 14:57:46
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Surgical,med Instr,apparatus 27.17M -26.94M -0.0746 -4.86 130.95M

Creo Medical Group PLC Exercise of Options (5141E)

12/02/2018 7:00am

UK Regulatory


Creo Medical (LSE:CREO)
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TIDMCREO

RNS Number : 5141E

Creo Medical Group PLC

12 February 2018

Creo Medical Group plc

Exercise of Options 12 February 2018

Creo Medical Group plc ("Creo") confirms that it has issued, conditional on admission, 276,320 new ordinary shares of GBP0.001 each in the capital of Creo (the "New Shares"), pursuant to an exercise of share options.

Application has been made to the London Stock Exchange for admission of the New Shares to trading on AIM and dealings are expected to commence on 16 February 2018 ("Admission"). Following Admission, Creo will have a total of 81,103,065 ordinary shares of GBP0.001 each in issue. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in Creo.

Contacts

 
 Creo Medical:                   Cenkos:             FTI Consulting: 
 Richard Rees                    Camilla Hume/Mark   Brett Pollard 
  +44 (0)129 160 6005             Connelly (NOMAD)    / Mo Noonan 
  Richard.Rees@creomedical.com    Michael Johnson     +44 (0)203 727 
                                  / Russell Kerr      1000 
                                  (Sales)             creo@fticonsulting.com 
                                  +44 (0)207 397 
                                  8900 
 

About Creo Medical

Creo Medical, founded in 2003, is a medical device company focused on the development and commercialisation of minimally invasive surgical devices, by bringing advanced energy to endoscopy. The Company's mission is to improve patient outcomes by applying microwave and radiowave energy to surgical endoscopy. Creo has developed CROMA, an electrosurgical platform that combines bipolar radiofrequency for precise localised cutting and microwave for controlled coagulation. This technology provides physicians with flexible, accurate and controlled surgical solutions.

The Company's strategy is to bring its CROMA platform to market through a suite of medical devices which the Company has designed, initially for the emerging field of GI therapeutic endoscopy, an area with high unmet needs. The CROMA platform will be developed further for bronchoscopy and laparoscopy procedures. The Company believes its technology can impact the landscape of surgery and endoscopy by providing safer, less-invasive and more cost-efficient option of treatment.

For more information about Creo Medical please see our website, www.creomedical.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOEMMGGZLLGGRZM

(END) Dow Jones Newswires

February 12, 2018 02:00 ET (07:00 GMT)

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