The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSurgical Innovations Regulatory News (SUN)

Share Price Information for Surgical Innovations (SUN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.50
Bid: 0.40
Ask: 0.60
Change: 0.00 (0.00%)
Spread: 0.20 (50.00%)
Open: 0.50
High: 0.50
Low: 0.50
Prev. Close: 0.50
SUN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Issue of Equity

11 May 2011 17:12

RNS Number : 4299G
Surgical Innovations Group PLC
11 May 2011
 



11 May 2011

 

Surgical Innovations Group plc

("SI" or "the Group")

Issue of Equity

 

Surgical Innovations Group plc (AIM:SUN), the designer and manufacturer of innovative medical devices, today announces that following the exercise of options by a senior employee yesterday it has issued and allotted 820,000 ordinary shares of 1.0p each.

Accordingly Application has been made to the London Stock Exchange for the 820,000 New Ordinary Shares of 1.0p each to be admitted to trading on AIM ("Admission"). It is expected that such Admission will occur on 20 May 2011. The new ordinary shares rank pari passu with the existing shares of the Company.

 

Following Admission the total number of ordinary shares in issue will be 394,737,902 with each share carrying the right to one vote. The above figure may be used by shareholders as the denominator for the purposes of the Disclosure and Transparency Rules.

 

 

- Ends -

Enquiries:

Surgical Innovations Group plc

Doug Liversidge, Non-Executive Chairman

Graham Bowland, Chief Executive Officer

Tel: +44 (0) 113 230 7597

graham.bowland@surginno.co.uk

www.surginno.com

 

Seymour Pierce Limited

Freddy Crossley

Tel: +44 (0) 20 7107 8000

Sarah Jacobs

Corporate Broking

Marianne Woods

www.seymourpierce.com

 

Media enquiries:The Communications Portfolio

Ariane Comstiveariane.comstive@communications-portfolio.co.uk

Tel: +44 (0) 20 7536 2028

Mob: +44 (0) 7785 922 354

Notes to Editors:

About Surgical Innovations Group plc

Surgical Innovations Group plc specialises in the design and manufacture of innovative devices for use in minimally invasive surgery (MIS) and industrial markets.

As well as manufacturing single-use and reusable instruments for the laparoscopic market, the Group has pioneered its flagship Resposable® instrumentation combining both single use and reusable components, ensuring ongoing revenue streams and delivering the optimum procedure performance to cost ratio.

Over 100 people are employed at the Group's 32,000 square feet facility in Leeds, with in-house design, plastic injection moulding and manufacturing equipment, producing products to the highest quality standards.

The Group's patented products are sold through three main channels:

SI brand

Through an established network of 45 distribution partners, Surgical Innovations branded products are sold in all major medical markets including North America, Europe, South Africa, the Middle East, South-east Asia and Australia.

OEM and IP

The Group supplies large medical device companies on an OEM basis, collecting sales fees as well as IP license and royalty fees. Clients include Teleflex Medical, Gyrus and CareFusion.

Industrial

 

SI's patented segment technology has been applied to the industrial market enabling customers to undertake inspection and maintenance of large-scale equipment, such as turbines, in situ with minimum disassembly and downtime.

For more information, see www.surginno.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IOEQFLFFFEFFBBF
Date   Source Headline
22nd Aug 20167:00 amRNSNotice of Results
27th Jun 20165:28 pmRNSResult of AGM
27th Jun 201611:29 amRNSIssue of Shares
27th Jun 20167:00 amRNSAGM Statement
3rd Jun 20167:00 amRNSAnnual Report and Accounts and Notice of AGM
27th May 20167:00 amRNSDirectors' Shareholdings
27th May 20167:00 amRNSHolding(s) in Company
27th Apr 20167:56 amRNSIssue of Shares
13th Apr 20165:12 pmRNSHolding(s) in Company
22nd Mar 20167:00 amRNSDirector/PDMR Shareholding
21st Mar 20167:00 amRNSDirector/PDMR Shareholding
16th Mar 20167:00 amRNSFinal Results
10th Mar 201612:57 pmRNSNotice of Results
15th Feb 201610:30 amRNSAdoption of FRS 101
21st Jan 20167:00 amRNSTrading Update and Board Changes
21st Dec 201510:55 amRNSIssue of Shares and Grant of Share Options
11th Dec 20157:08 amRNSManagement, Banking and Trading Update
29th Oct 20157:00 amRNSDirector/PDMR Shareholding
28th Oct 20157:00 amRNSDirectorate Change
15th Oct 20154:35 pmRNSDirectorate Change
30th Sep 20157:00 amRNSHalf Yearly Report
8th Sep 201510:41 amRNSBank Covenant Agreement
19th Aug 20151:15 pmRNSDistribution Agreement With ACP
5th Aug 20157:00 amRNSDirectorate Change
27th Jul 20151:56 pmRNSTransactions with Related Party
30th Jun 201512:58 pmRNSBank Covenant
23rd Jun 20153:28 pmRNSResult of AGM
12th May 20157:00 amRNSFinal Results
11th Mar 20157:00 amRNSUpdate
26th Jan 20157:00 amRNSChange of Adviser and General Meeting
11th Dec 201411:25 amRNSIssue of Equity
18th Nov 20147:00 amRNSFundraising and Related Party Transactions
6th Nov 20144:15 pmRNSDirectorate Change
22nd Oct 20147:00 amRNSTrading Update
13th Oct 201411:30 amRNSDirectorate Changes
30th Sep 20144:00 pmRNSDirectorate Change
25th Sep 20147:00 amRNSInterim Results
19th Sep 20147:00 amRNSTrading Update
24th Jun 20144:20 pmRNSResult of AGM
24th Jun 20147:00 amRNSAGM Statement
23rd Jun 20147:00 amRNSInternational Clinical Advisory Board Appointments
9th Jun 20147:00 amRNSSubscription & Issue of Equity/Directorate Appoint
30th May 20147:00 amRNSCE Approval for hernia mesh fixation device
27th May 20147:00 amRNSNew Bank Facility
15th Apr 20147:00 amRNSPreliminary Results
11th Apr 20144:53 pmRNSNotice of Results
17th Jan 20147:00 amRNSTrading update
11th Nov 201312:06 pmRNSIssue of Equity
5th Nov 20137:00 amRNSStocking order under Surgioscopy agreement
24th Oct 20137:00 amRNSNew facility update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.