Deltex Medical Regulatory News (DEMG)

The following amendments have been made to the Transaction in own shares announcement released on 6 August 2018 at 07:00 under RNS number 8848W.

The Board has approved the issue of 10,000,000 share options to Andy Mears under the Company's 2003 Share Option Scheme (EMI Share Scheme).

Following the grant of EMI options above, the options held by Andy Mears are shown below:

All other details remain unchanged.

The full amended text is shown below.

6 August 2018

Deltex Medical Group plc

("Deltex Medical" or "the Company")

Grant of Options - Correction

Deltex Medical Group plc (AIM: DEMG), the global leader in Oesophageal Doppler Monitoring ("ODM"), today announces that the Board has approved the issue of share options to Andy Mears, Chief Executive.

Employee Share Option Scheme

The Board has approved the issue of 10,000,000 share options to Andy Mears under the Company's 2003 Share Option Scheme (EMI Share Scheme). The exercise price is 1 penny per share option, a premium of 18% over the closing price on 2 August 2018. These share options may ordinarily be exercised between January 2020 and August 2028 subject to the achievement of relevant performance conditions which are based on achieving certain specified adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) targets.

Confirmation of Director's interest in share options

Following the grant of EMI options above, the options held by Andy Mears are shown below:

For further information, please contact:-

Notes for Editors

Deltex Medical manufactures and markets haemodynamic monitoring technologies. Deltex Medical's proprietary ODM (TrueVueTM Doppler) is the only technology to measure blood flow in the central circulation in real time. Minimally invasive, easy to set up and quick to focus, the technology generates a low-frequency ultrasound signal, which is highly sensitive to changes in flow and measures them immediately. Deltex has been the only group in the enhanced haemodynamic space to build a robust and credible evidence base proving the clinical and economic benefits of its core technology, TrueVueTM Doppler, which is proven to reduce complications suffered by patients after surgery and save hospitals the costs of treating those complications.

Deltex Medical's TrueVueTM System on the CardioQ-ODM+ monitor platform also now provides clinicians with two further advanced haemodynamic monitoring technologies. High Definition Impedance Cardiography (TrueVueTM Impedance) is an entirely non-invasive monitoring technology which creates an electrical field across the chest and measures the disruption to this field when the heart pumps blood. Pulse Pressure Waveform Analysis (TrueVueTM Pressurewave) uses peripheral blood pressure signal analysis to give doctors information on changes in the circulation and is particularly suited to monitoring lower risk or haemodynamically stable patients.

Group goal

Haemodynamic management is now becoming widely accepted as an important major new medical modality. Consequently, the Group's focus is on maximising value from the opportunities presented, as enhanced haemodynamic management is adopted into routine clinical practice around the world. The Group aims to provide clinicians with a single platform, a 'haemodynamic workstation', which offers them a range of technologies from simple to sophisticated to be deployed according to the patient's condition as well as the skill and expertise of the user. Doing this will enable the Group to partner healthcare providers to support modern haemodynamic management across the whole hospital.

The Group is currently in the implementation phase of achieving this goal in a number of territories worldwide, operating directly in the UK, USA, Spain and Canada and through distribution arrangements in a further 30 countries.

Note: This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them.