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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Surgical Innovations Group Plc | LSE:SUN | London | Ordinary Share | GB0004016704 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.05 | -9.09% | 0.50 | 0.40 | 0.60 | 0.55 | 0.50 | 0.55 | 1,634,113 | 08:45:42 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Surgical,med Instr,apparatus | 11.34M | 264k | 0.0003 | 16.67 | 4.66M |
TIDMSUN
RNS Number : 2016F
Surgical Innovations Group PLC
19 February 2018
Surgical Innovations Group plc
("Surgical Innovations")
New distribution agreement via Elemental Healthcare
Surgical Innovations Group plc (AIM: SUN), the designer and manufacturer of innovative technology for minimally invasive surgery, announces that its fully owned subsidiary, Elemental Healthcare has signed a three year distribution agreement with Bariatric Solutions GmbH ('Bariatric Solutions'), a Swiss company specialising in innovative medical devices for the surgical treatment of obesity. Elemental Healthcare will distribute Bariatric Solutions' products directly into the UK market.
Adam Power, Group Development Director of Surgical Innovations, says: "Obesity is an increasing problem in the United Kingdom and surgery is an effective way to control the health issues related to it. The new products from Bariatric Solutions enable better results for a longer duration which fit perfectly with the aims of the NHS."
Arno Van der Veek, CEO of Bariatric Solutions, says: "The UK market for obesity surgery is large and is growing. The adoption in the UK of techniques that are now commonplace in Europe will give us significant opportunities for sales growth. Elemental Healthcare, a Surgical Innovations Group company, is the leading UK distributor for obesity surgery products and we are excited about our joint opportunity."
For further information please contact:
Surgical Innovations Group www.sigroupplc.com plc Nigel Rogers, Executive Tel: 0113 230 7597 Chairman Melanie Ross, COO & CFO WH Ireland Limited (NOMAD Tel: 0113 394 6600 & Broker) Tim Feather Alex Bond Walbrook PR (Financial PR Tel: 020 7933 8780 or & Investor Relations) si@walbrookpr.com Paul McManus Mob: 07980 541 893 Lianne Cawthorne Mob: 07584 391 303
This information is provided by RNS
The company news service from the London Stock Exchange
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February 19, 2018 02:01 ET (07:01 GMT)
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