REG - Creo Medical Group - Director/PDMR Shareholding

Creo MedicalAnnouncement

24/10/2024 14:45

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RNS Number : 5203J  Creo Medical Group PLC  24 October 2024

 

LEI: 213800H188ZDCWWXFA21

Creo Medical Group plc

("Creo" or the "Company")

 

Director/PDMR Share Dealings

 

Creo Medical Group plc (AIM: CREO), a medical device company focused on the
emerging field of surgical endoscopy for cancer and pre-cancer patients,
announce that on 24 October 2024, Richard Rees, CFO has:

 

a)   in order to effect a "Bed and ISA" transaction, sold 1740,740 ordinary
shares in the Company ("Ordinary Shares") at a price of 20 pence per Ordinary
Share from his Dealing Account and then repurchased into his Individual
Savings Account ("ISA") 98,000 Ordinary Shares at a price of £20.015 pence
per Ordinary Share; and

 

b)   Rachel Rees, a person closely associated with him ("PCA") has purchased
the remaining 76,740 Ordinary Shares into her ISA.

 

Following these transactions, there has been no change in the number of shares
in which Richard Rees has an interest.

 

This announcement, including the notification below, is made in accordance
with the requirements of the UK Market Abuse Regulation.

 

For further information please contact:

 

 Creo Medical Group plc                                                  www.creomedical.com (http://www.creomedical.com/)
 Richard Craven, Company Secretary                                       Via Walbrook PR

 Cavendish Capital Markets Limited

 (Nominated Adviser, Joint Bookrunner and Joint Broker)                  +44 (0)20 7220 0500
 Stephen Keys / Camilla Hume / George Lawson (NOMAD)
 Michael Johnson (Sales)

 Deutsche Numis (Joint Bookrunner and Joint Broker)                      +44 (0)20 7260 1000

 Freddie Barnfield / Duncan Monteith / Euan Brown

 William Baunton (ECM)

 Walbrook PR Ltd                Tel: +44 (0)20 7933 8780 or creo@walbrookpr.com (mailto:creo@walbrookpr.com)
 Paul McManus / Alice Woodings  Mob: +44 (0)7980 541 893 / +44 (0)7407 804 654

 Philip Marriage                Mob: +44 (0)7867 984 082

 

About Creo Medical

Creo Medical is a medical device company focused on the development and
commercialisation of minimally invasive electrosurgical devices, bringing
advanced energy to endoscopy.

 

The Company's vision is to improve patient outcomes through the development
and commercialisation of a suite of electrosurgical medical devices, each
enabled by CROMA, powered by Kamaptive. The Group has developed the CROMA
powered by Kamaptive full-spectrum adaptive technology to optimise surgical
capability and patient outcomes. Kamaptive is a seamless, intuitive
integration of multi-modal energy sources, optimised to dynamically adapt to
patient tissue during procedures such as resection, dissection, coagulation
and ablation of tissue. Kamaptive technology provides clinicians with
increased flexibility, precision and controlled surgical solutions. CROMA
currently delivers bipolar radiofrequency ("RF") energy for precise localised
cutting and focused high frequency microwave ("MW") energy for controlled
coagulation and ablation via a single accessory port. This technology,
combined with the Group's range of patented electrosurgical devices, is
designed to provide clinicians with flexible, accurate and controlled clinical
solutions. The Directors believe the Company's technology can impact the
landscape of surgery and endoscopy by providing a safer, less-invasive and
more cost-efficient option for procedures.

 

For more information, please refer to the website www.creomedical.com
(http://www.creomedical.com)

 

 

 

 

 

 

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Richard Rees
 2   Reason for the notification
 a)  Position/status                                              Chief Financial Officer
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Creo Medical Group plc
 b)  LEI                                                          213800H188ZDCWWXFA21
 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 instrument  Ordinary shares of £0.001 each
     Identification code                                          GB00BZ1BLL44
 b)  Nature of the transaction                                    1.     Sale of Ordinary Shares
 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)
     £0.20                                                                                     174,740
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      24 October 2024
 f)  Place of the transaction                                     London Stock Exchange

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Richard Rees
 2   Reason for the notification
 a)  Position/status                                              Chief Financial Officer
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Creo Medical Group plc
 b)  LEI                                                          213800H188ZDCWWXFA21
 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 instrument  Ordinary shares of £0.001 each
     Identification code                                          GB00BZ1BLL44
 b)  Nature of the transaction                                    1.     Purchase of Ordinary Shares via his ISA
 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)
     £0.20015                                                                                  98,000
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      24 October 2024
 f)  Place of the transaction                                     London Stock Exchange

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Rachel Rees
 2   Reason for the notification
 a)  Position/status                                              PCA to Richard Rees, CFO
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Creo Medical Group plc
 b)  LEI                                                          213800H188ZDCWWXFA21
 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 instrument  Ordinary shares of £0.001 each
     Identification code                                          GB00BZ1BLL44
 b)  Nature of the transaction                                    Purchase of Ordinary Shares
 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)
     £0.20015                                                                                  76,740
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      24 October 2024
 f)  Place of the transaction                                     London Stock Exchange

 

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