SURGICAL INNOVATIONS GROUP PLC

Director's Dealing • Dec 21, 2017

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RNS Number : 1002A

Surgical Innovations Group PLC

21 December 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 202,759 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 fourth quarter of 2017.

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

Director	Shares issued	Resulting holding	Percentage of enlarged share capital
Nigel Rogers	120,000	5,541,060	0.71%
Michael McMahon	82,759	18,669,129	2.39%

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

Application will be made for 202,759 Shares to be admitted to trading on AIM ("Admission") which is expected to take place on 29 December 2017.

Following Admission, the total number of ordinary shares in issue will be 782,566,177 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 plc	www.sigroupplc.com
Nigel Rogers, Executive Chairman	Tel: 0113 230 7597
Melanie Ross, COO & CFO
WH Ireland Limited (NOMAD & Broker)	Tel: 0113 394 6600
Tim Feather
Walbrook PR  (Financial PR & Investor Relations)	Tel: 020 7933 8780 or si@walbrookpr.com
Paul McManus	Mob: 07980 541 893
Lianne Cawthorne	Mob: 07584 391 303

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nigel Rogers

2

Reason for the notification

a)

Position/status

Executive Chairman

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

2138004GHGUH3HUZE156

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

Shares in lieu of remuneration

c)

Price(s) and volume(s)

Price(s)	Volume(s)
3.625p	120,000

d)

Aggregated information

-     Aggregated volume

-     Price

120,000

£4,350

e)

Date of the transaction

29th December 2017

f)

Place of the transaction

Not on exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michael McMahon

2

Reason for the notification

a)

Position/status

Non-Executive Director

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

2138004GHGUH3HUZE156

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

Shares in lieu of remuneration

c)

Price(s) and volume(s)

Price(s)	Volume(s)
3.625p	82,759

d)

Aggregated information

-     Aggregated volume

-     Price

82,759

£3,000

e)

Date of the transaction

29th December 2017

f)

Place of the transaction

Not on exchange

This information is provided by RNS

The company news service from the London Stock Exchange

END

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