TIDMSUN

RNS Number : 1510J

Surgical Innovations Group PLC

26 June 2017

Surgical Innovations Group plc

("SI Group" or the "Company")

Issue of Shares

Surgical Innovations Group plc (AIM: SUN) has issued and allotted a total of 202,654 ordinary shares of 1p each ("Shares") at a price of 3.625p per share to Nigel Rogers, Executive Chairman, and Michael McMahon, Non-Executive Director in lieu of remuneration for the second quarter of 2017.

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       119,895    3,693,478            0.69% 
 Michael McMahon     82,759   18,338,071            3.43%

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

Application will be made for 202,654 Shares to be admitted to trading on AIM ("Admission") which is expected to take place on 30 June 2017.

Following Admission, the total number of ordinary shares in issue will be 534,431,255 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 & CFO 
 
 WH Ireland Limited (NOMAD                                                    Tel: 0113 394 6600 
  & Broker) 
 Tim Feather 
 
 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

END

IOEKQLBLDQFZBBF

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June 26, 2017 05:45 ET (09:45 GMT)

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