Business
Issue of Shares
Issue of Shares.

About this update from Surgical Innovations Group Plc
[{"type":"text","content":"\n \nRNS Number : 1002A Surgical Innovations Group PLC 21 December 2017 \n\nSurgical Innovations Group plc\n(\"SI Group\" or the \"Company\")\n \nIssue of Shares\n \nSurgical 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.\n \nDetails of the Shares issued and the resulting holdings of each of the directors are as follows:\n \n\n\n\n\nDirector\n\n\nShares issued\n\n\nResulting holding\n\n\nPercentage of enlarged share capital\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNigel Rogers\n\n\n120,000\n\n\n5,541,060\n\n\n0.71%\n\n\n\n\nMichael McMahon\n\n\n82,759\n\n\n18,669,129\n\n\n2.39%\n\n\n\n\n \nThe issue price was set at the closing price on the date of the Company's payroll in December.\n \nApplication 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.\n \nFollowing 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.\n \nFor further information please contact:\n \n\n\n\n\nSurgical Innovations Group plc\n\n\nwww.sigroupplc.com\n\n\n\n\nNigel Rogers, Executive Chairman\n\n\nTel: 0113 230 7597\n\n\n\n\nMelanie Ross, COO & CFO\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nWH Ireland Limited (NOMAD & Broker)\n\n\nTel: 0113 394 6600\n\n\n\n\nTim Feather\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nWalbrook PR (Financial PR & Investor Relations)\n\n\nTel: 020 7933 8780 or [email protected]\n\n\n\n\nPaul McManus\n\n\nMob: 07980 541 893\n\n\n\n\nLianne Cawthorne\n\n\n Mob: 07584 391 303\n\n\n\n\n \n \n\n\n\n\n1 \n...