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SUN Surgical Innovations Group Plc

0.50
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
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
  0.00 0.00% 0.50 0.40 0.60 0.50 0.50 0.50 1,166,433 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Surgical,med Instr,apparatus 11.34M 264k 0.0003 16.67 4.66M

Surgical Innovations Group PLC Issue of Shares (5194A)

27/03/2017 7:00am

UK Regulatory


Surgical Innovations (LSE:SUN)
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From Apr 2019 to Apr 2024

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TIDMSUN

RNS Number : 5194A

Surgical Innovations Group PLC

27 March 2017

Surgical Innovations Group plc

(the "Company")

Issue of Shares

Surgical Innovations Group plc (AIM: SUN) has issued and allotted a total of 820,845 ordinary shares of 1p each ("Shares") at a price of 3.575p per share to Nigel Rogers, Executive Chairman, and Michael McMahon, Non-Executive Director in lieu of remuneration for the first quarter of 2017 and Melanie Ross, Chief Operating Officer representing 50% of her bonus for the year ended 31 December 2016 under the terms of her engagement.

Details of the Shares issued and the resulting holdings of each of the directors are as follows:

 
 Director            Shares    Resulting       Percentage 
                     issued      holding      of enlarged 
                                            share capital 
 
 Nigel Rogers       102,266    3,573,583            0.67% 
 Michael McMahon     83,916   18,255,312            3.42% 
 Melanie Ross       634,663    1,240,347            0.23% 
 

The issue price was set at the closing price on the date of the Company's payroll in March.

Application will be made for 820,845 Shares to be admitted to trading on AIM ("Admission") which is expected to take place on 30 March 2017.

Following Admission, the total number of ordinary shares in issue will be 534,228,601 with each share carrying the right to one vote. The above figure may be used by shareholders as the denominator for the purposes of calculating their holding in the Company under the Disclosure Guidance and Transparency Rules.

For further information please contact:

 
 Surgical Innovations Group       www.sigroupplc.com 
  plc 
 Nigel Rogers, Executive          Tel: 0113 230 7597 
  Chairman 
 Melanie Ross, COO & Finance 
  Director 
 
 WH Ireland Limited (NOMAD        Tel: 0113 394 6600 
  & Broker) 
 Tim Feather/Ed Kennedy 
 
 Walbrook PR (Financial PR     Tel: 020 7933 8780 or 
  & Investor Relations)            si@walbrookpr.com 
 Paul McManus                     Mob: 07980 541 893 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOEQZLFLDXFBBBV

(END) Dow Jones Newswires

March 27, 2017 02:00 ET (06:00 GMT)

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