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REG - Surgical Innovations - Director/PDMR Shareholding <Origin Href="QuoteRef">SUNU.L</Origin>

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 Plc

www.sigroupplc.com

Nigel Rogers, Executive Chairman

Tel: 0113 230 7597

Melanie Ross, COO & Finance Director




WH Ireland Limited (NOMAD & Broker)


Tim Feather

Tel: 0113 394 6600

Walbrook PR (Financial PR & Investor Relations)

Tel: 020 7933 8780 or si@walbrookpr.com

Paul McManus

Mob: 07980 541893

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 instrument

Identification code

Ordinary shares of 1p

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

- Price

As per 4(c) above

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 instrument

Identification code

Ordinary shares of 1p

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

- Price

605,714

21,533

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
END
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