Surgical Innovations Group PLC Director/PDMR Shareholding (3768B)

TIDMSUN

RNS Number : 3768B

Surgical Innovations Group PLC

03 April 2017

Surgical Innovations Group plc

("the Company")

Director/PDMR Shareholding

The Company was notified on 31 March 2017 that on that day, Melanie Ross, Chief Operating Officer, disposed of 605,714 ordinary shares of 1 penny each ("Shares") at a price of 3.55p per share.

In addition, Melanie Ross purchased 340,714 ordinary shares for her ISA and her husband, Lee Ross purchased 265,000 ordinary shares for his ISA, at a price of 3.555p per share.

Additionally, on the same day Melanie Ross transferred 265,000 ordinary shares to Lee Ross for nil

consideration.

Following the transactions, there has been no change to the combined beneficial holding of Melanie Ross and her husband in the Company and has remained at 1,240,377 shares, representing approximately 0.23% of the issued share capital of the Company.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on shares acquired.

For further information please contact:

 
 Surgical Innovations Group         www.sigroupplc.com 
  Plc 
 Nigel Rogers, Executive            Tel: [phone] 
  Chairman 
 Melanie Ross, COO & Finance 
  Director 
 
 WH Ireland Limited (NOMAD 
  & Broker) 
 Tim Feather                        Tel: [phone] 
 Walbrook PR (Financial          Tel: [phone] or 
  PR & Investor Relations)           [e-mail] 
 Paul McManus                        Mob: [phone] 
 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                     Melanie Ross 
---  -------------------------------------------------------  -------------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                          Chief Operating Officer, Surgical Innovations Group plc 
---  -------------------------------------------------------  -------------------------------------------------------- 
 b)   Initial notification/ Amendment                          Initial Notification 
---  -------------------------------------------------------  -------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                     Surgical Innovations Group plc 
---  -------------------------------------------------------  -------------------------------------------------------- 
 b)   LEI                                                      N/A 
---  -------------------------------------------------------  -------------------------------------------------------- 
 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         Ordinary shares of 1p 
      instrument 
 
      Identification code                                       GB0004016704 
---  -------------------------------------------------------  -------------------------------------------------------- 
 b)   Nature of the transactions                                    1. Sale of shares 
                                                                     2. Transfer of shares to husband 
---  -------------------------------------------------------  -------------------------------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)   Volume(s) 
                                                                ---  ---------  ---------- 
                                                                 1.   3.55p      605,714 
                                                                ---  ---------  ---------- 
                                                                 2.   Nil        265,000 
                                                                ---  ---------  ---------- 
---  -------------------------------------------------------  -------------------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                  As per 4(c) above 
 
 
         *    Price 
---  -------------------------------------------------------  -------------------------------------------------------- 
 e)   Date of the transaction                                  31 March 2017 
---  -------------------------------------------------------  -------------------------------------------------------- 
 f)   Place of the transaction                                 London Stock Exchange, AIM 
---  -------------------------------------------------------  -------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                     Melanie Ross 
---  -------------------------------------------------------  -------------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                          Chief Operating Officer, Surgical Innovations Group plc 
---  -------------------------------------------------------  -------------------------------------------------------- 
 b)   Initial notification/ Amendment                          Initial Notification 
---  -------------------------------------------------------  -------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                     Surgical Innovations Group plc 
---  -------------------------------------------------------  -------------------------------------------------------- 
 b)   LEI                                                      N/A 
---  -------------------------------------------------------  -------------------------------------------------------- 
 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         Ordinary shares of 1p 
      instrument 
 
      Identification code                                       GB0004016704 
---  -------------------------------------------------------  -------------------------------------------------------- 
 b)   Nature of the transactions                               1. Purchase of shares in ISA 
                                                                2. Purchase of shares by husband 
---  -------------------------------------------------------  -------------------------------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)   Volume(s) 
                                                                ---  ---------  ---------- 
                                                                 1.   3.555p     340,714 
                                                                ---  ---------  ---------- 
                                                                 2.   3.555p     265,000 
                                                                ---  ---------  ---------- 
---  -------------------------------------------------------  -------------------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                  605,714 
                                                                 GBP21,533 
 
         *    Price 
---  -------------------------------------------------------  -------------------------------------------------------- 
 e)   Date of the transaction                                  31 March 2017 
---  -------------------------------------------------------  -------------------------------------------------------- 
 f)   Place of the transaction                                 London Stock Exchange, AIM 
---  -------------------------------------------------------  -------------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 03, 2017 06:26 ET (10:26 GMT)