REG - Surgical Innovations - Issue of Equity <Origin Href="QuoteRef">SUNU.L</Origin>

Surgical InnovationsAnnouncement

11/12/2014 11:33

RNS Number : 5073Z
Surgical Innovations Group PLC
11 December 2014
Press Release
11 December 2014
Surgical Innovations Group plc
("Surgical Innovations" or the "Group" or the "Company")
Issue of Equity
Surgical Innovations Group plc (AIM: SUN) announces that, following the exercise of options by a Director today, it has issued and allotted 400,000 ordinary shares of 1p each. 
Details of the Director's options exercised and resulting shareholding is as follows:-

Number of options
Exercise price
Total shareholding following issue
Total shareholding percentage of enlarged issued share capital
Michael John McMahon
400,000
1.7 pence
17,618,511
3.63%
Accordingly Application has been made to the London Stock Exchange for the 400,000 New Ordinary Shares of 1p each to be admitted to trading on AIM ("Admission"). It is expected that such Admission will occur on 17 December 2014. The new ordinary shares rank pari passu with the existing shares of the Company. 
Following Admission the total number of ordinary shares in issue will be 485,064,282 with each share carrying the right to one vote. The above figure may be used by shareholders as the denominator for the purposes of the Disclosure and Transparency Rules. 
-Ends-
For further information please contact:
Surgical Innovations Group plc

Doug Liversidge CBE, Non-executive Chairman
Tel: +44 (0) 7798 892 918
www.sigroupplc.com
Nominated Adviser and Broker

Panmure Gordon
Freddy Crossley / Peter Steel (Corporate Finance)
Tel:+44 (0) 207 886 2500
www.panmure.com
Media Enquiries

Abchurch Communications
Jamie Hooper 
Tel: +44 (0) 207 398 7700
surgical@abchurch-group.com
www.abchurch-group.com

This information is provided by RNS
The company news service from the London Stock Exchange
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