Intelligent Ultrasound Group PLC Director/PDMR Shareholding (3899K)

TIDMMED

RNS Number : 3899K

Intelligent Ultrasound Group PLC

28 August 2019

28 August 2019

Intelligent Ultrasound Group plc

("Intelligent Ultrasound" or the "Company")

Director Dealings

Intelligent Ultrasound (AIM: MED), the intelligent ultrasound software and simulation company, announces that further to the Company's announcements on 8 August 2019 and 27 August 2019, certain Directors have, following Admission today, acquired a total of 500,000 Ordinary Shares in the Company ("Ordinary Shares") via the Placing, as detailed below:

 
                                                                                         Percentage 
                                             Number         Value                       of enlarged 
                                         of Placing    of Placing        Resultant            share 
                                             Shares        Shares     shareholding          capital 
                                         subscribed    subscribed        following        following 
 Name               Title                      for#          for#    subscription#    subscription# 
-----------------  ------------------  ------------  ------------  ---------------  --------------- 
                    Chief Executive 
 Stuart Gall         Officer                200,000     GBP20,000          828,236            0.38% 
 Wilson Jennings    Finance Director        100,000     GBP10,000          394,118            0.18% 
                    Chief Technology 
 Nicholas Sleep      Officer                100,000     GBP10,000          326,471            0.15% 
                    Chief Operating 
 Ian Whittaker       Officer                 25,000      GBP2,500          374,982            0.17% 
                    Non-Executive 
 Nick Avis           Director                25,000      GBP2,500          225,000            0.10% 
                    Non-Executive 
 Nazar Amso          Director                50,000      GBP5,000        1,134,000            0.52% 
 

In addition to the above:

Professor Nazar Amso is the beneficial holder of 180,000 Ordinary Shares through The Amso Trust and Professor Nazar Amso's spouse holds 120,000 Ordinary Shares.

# The number of Ordinary Shares presented in this table as being held or subscribed for by Directors refers to the number of Ordinary Shares held or subscribed for by them either personally or through a nominee.

Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as defined in the circular sent to shareholders of the Company on 8 August 2019.

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                              1. Stuart Gall 
                                         2. Wilson Jennings 
                                         3. Nicholas Sleep 
                                         4. Ian Whittaker 
                                         5. Nick Avis 
                                         6. Nazar Amso 
     ---------------------------  ----------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status                   1. Chief Executive Officer 
                                         2. Finance Director 
                                         3. Chief Technology Officer 
                                         4. Chief Operating Officer 
                                         5. Non-Executive Director 
                                         6. Non-Executive Director 
     ---------------------------  ----------------------------------- 
 b)   Initial notification         Initial 
       /Amendment 
     ---------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name                         Intelligent Ultrasound Group plc 
     ---------------------------  ----------------------------------- 
 b)   LEI                          213800K4ZVWL4ZYQAZ70 
     ---------------------------  ----------------------------------- 
 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           Ordinary Shares of 1 pence each 
       financial instrument, 
       type of instrument           ISIN: GB00BN791Q39 
 
       Identification code 
     ---------------------------  ----------------------------------- 
 b)   Nature of the transaction    Purchase of Ordinary Shares 
     ---------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)         Price(s)       Volume(s) 
                                      1. 10 pence    1. 200,000 
                                       2. 10 pence    2. 100,000 
                                       3. 10 pence    3. 100,000 
                                       4. 10 pence    4. 25,000 
                                       5. 10 pence    5. 25,000 
                                       6. 10 pence    6. 50,000 
                                                    ------------ 
     ---------------------------  ----------------------------------- 
 d)   Aggregated information 
       - Aggregated volume           N/A - single transaction 
       - Price 
     ---------------------------  ----------------------------------- 
 e)   Date of the transaction      28 August 2019 
     ---------------------------  ----------------------------------- 
 f)   Place of the transaction     London Stock Exchange, XLON 
     ---------------------------  ----------------------------------- 
 

Enquiries:

 
 Intelligent Ultrasound       www.intelligentultrasound.com 
  Group plc 
 Stuart Gall, CEO             Tel: [phone] 
 
 Cenkos Securities            Tel: [phone] 
 Giles Balleny (Nominated 
  Adviser) 
 Michael Johnson/Julian 
  Morse (Corporate Broking) 
 
 Walbrook PR                  Tel: [phone] 
                               or [e-mail] 
 Anna Dunphy/Paul McManus     Mob: [phone]/Mob: +44 
                               (0)7980 541 893 
 

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August 28, 2019 04:12 ET (08:12 GMT)