POLAREAN IMAGING PLC

Director's Dealing • Jan 2, 2020

National Storage Mechanism | Additional information

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RNS Number : 6117Y

Polarean Imaging PLC

02 January 2020

Polarean Imaging Plc 

("Polarean" or the "Company")

Director Dealing

Polarean Imaging plc (AIM: POLX), the medical-imaging technology company, with a proprietary drug-device combination product, announces that it was notified on 31 December 2019 that Mr Richard Hullihen, the Company's CEO, has purchased a total of 347,100 ordinary shares of £0.00037 ("Ordinary Shares") via three transactions which are summarised in the table below (the "Transactions").

Date of Transaction	Number of Ordinary Shares purchased	Price per Ordinary Share
13 December 2019	100,000	20.22p
16 December 2019	100,000	20.02p
27 December 2019	147,100	23.87p

Following this Transactions, Mr Hullihen holds a beneficial interest in 2,928,899 Ordinary Shares, representing 2.56 per cent. of the Company's issued share capital with voting rights.

Enquiries: 

Polarean Imaging plc			www.polarean.com / www.polarean-ir.com
Richard Hullihen, Chief Executive Officer				Via Walbrook PR
Richard Morgan, Chairman
SP Angel Corporate Finance LLP				Tel: +44 (0)20 3470 0470
David Hignell / Soltan Tagiev (Corporate Finance)
Vadim Alexandre / Rob Rees (Corporate Broking)
Walbrook PR	Tel: +44 (0)20 7933 8780 or polarean@walbrookpr.com
Anna Dunphy / Paul McManus		Mob: +44 (0)7879 741 001 / +44 (0)7980 541 893

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

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:

Mr Richard Hullihen

2.     

Reason for the notification

a)

Position/status:

Chief Executive Officer

b)

Initial notification/Amendment:

Initial notification

3.     

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name:

Polarean Imaging Plc

b)

LEI:

213800DGR2BHXJ36OL37

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 £0.00037

GB00BF3DT583

b)

Nature of the transaction:

Purchase of shares

c)

Price(s) and volume(s):

Transaction	Price(s)	Volume(s)
(i) (ii) (iii)	20.22 pence 20.02 pence 23.87 pence	100,000 100,000 147,100

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

Price(s)	Volume(s)
See above	347,100

e)

Date of the transactions:

(i): 13 December 2019

(ii): 16 December 2019

(iii): 27 December 2019

f)

Place of the transactions:

London Stock Exchange, AIM Market

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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