Surgical Innovations Group PLC Director/PDMR Shareholding (5813A)

TIDMSUN

RNS Number : 5813A

Surgical Innovations Group PLC

25 May 2023

Surgical Innovations Group plc

("Surgical Innovations", "SI" or the "Company")

Director/PDMR Shareholding

Surgical Innovations Group plc (AIM: SUN), the designer, manufacturer and distributor of innovative medical technology for minimally invasive surgery ("MIS"), was notified on 24 May 2023 that, on 24 May 2023, Janis Glenn (wife of Jonathan Glenn, Non-executive Director) purchased 1,315,482 ordinary shares of 1p each in Surgical Innovations ("Ordinary Shares") at a price of 2.28 pence per share.

Following this transaction, Jonathan Glenn (including his Persons Closely Associated) has a beneficial holding in the Company of 1,315,482 Ordinary Shares, representing approximately 0.001% of the issued share capital of the Company.

For further information please contact:

 
 Surgical Innovations Group plc                              www sigroupplc com 
 David Marsh, CEO                                            Tel: [phone] 
 Charmaine Day, CFO 
 
 Singer Capital Markets (Nominated                           Tel: [phone] 
  Adviser & Broker) 
 Aubrey Powell / Oliver Platts 
 
 Walbrook PR (Financial PR & Investor   Tel: [phone] or [e-mail] 
  Relations) 
 Paul McManus / Lianne Applegarth                    Mob: [phone] / 07584 
                                                                        391 303 
 
 
         Details of the person discharging managerial responsibilities/person 
          closely associated 
   a)      Name                            Jonathan Glenn 
        ------------------------------  ------------------------------------------- 
   2       Reason for the notification 
        --------------------------------------------------------------------------- 
   a)      Position/status                 Non-executive Director 
        ------------------------------  ------------------------------------------- 
   b)      Initial notification/           Initial Notification 
            Amendment 
        ------------------------------  ------------------------------------------- 
   3       Details of the issuer, emission allowance market participant, 
            auction platform, auctioneer or auction monitor 
        --------------------------------------------------------------------------- 
   a)      Name                            Surgical Innovations Group plc 
        ------------------------------  ------------------------------------------- 
   b)      LEI                             2138004GHGUH3HUZE156 
        ------------------------------  ------------------------------------------- 
   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             Ordinary shares of 1p 
            instrument, type of instrument           GB0004016704 
            Identification code 
        ---------------------------------------  ---------------------------------- 
   b)      Nature of the transactions               Purchase of Ordinary Shares 
        ---------------------------------------  ---------------------------------- 
   c)      Price(s) and volume(s)                      Price(s) per      Volume(s) 
                                                         share 
                                                        2.28 pence        1,315,482 
                                                                       ------------ 
        ---------------------------------------  ---------------------------------- 
   d)       Aggregated information                   1,315,482 
       *    Aggregated volume                          2.28p 
 
 
       *    Price 
 ---------------------------------------         ---------------------------------- 
   e)      Date of the transaction                  24 May 2023 
        ---------------------------------------  ---------------------------------- 
   f)      Place of the transaction                 London Stock Exchange, AIM 
        ---------------------------------------  ---------------------------------- 
 
 

About Surgical Innovations Group plc

The Group specialises in the design, manufacture, sale and distribution of innovative, high quality medical products, primarily for use in minimally invasive surgery. Our product and business development is guided and supported by a key group of nationally and internationally renowned surgeons across the spectrum of minimally invasive surgical activity.

We design and manufacture and source our branded port access systems, surgical instruments and retraction devices which are sold directly in the UK home market through our subsidiary, Elemental Healthcare, and exported widely through a global network of trusted distribution partners. Many of our products in this field are based on a "resposable" concept, in which the products are part reusable, part disposable, offering a high quality and environmentally responsible solution at a cost that is competitive against fully disposable alternatives.

Elemental also has exclusive UK distribution for a select group of specialist products employed in laparoscopy, bariatric and metabolic surgery, hernia repair and breast reconstruction.

In addition, we design and develop medical devices for carefully selected OEM partners and have also collaborated with a major UK industrial partner to provide precision engineering solutions to complex problems outside the medical arena.

We aim for our brands to be recognised and respected by healthcare professionals in all major geographical markets in which we operate and provide by development, partnership or acquisition a broad portfolio of cost effective, procedure specific surgical instruments and implantable devices that offer reliable solutions to genuine clinical needs in the operating theatre environment.

Further information

Further details of the Group's businesses and products are available on the following websites: www.sigroupplc.com

www.surginno.com www.elementalhealthcare.co.uk

To receive regular updates by email, please contact [e-mail]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHDBGDUDXDDGXS

(END) Dow Jones Newswires

May 25, 2023 02:00 ET (06:00 GMT)