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Pin to quick picksSurgical Innovations Regulatory News (SUN)

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Issue of Equity

24 Sep 2010 07:00

RNS Number : 2378T
Surgical Innovations Group PLC
24 September 2010
 



 

SURGICAL INNOVATIONS GROUP PLC

 

ISSUE OF EQUITY

 

 

Surgical Innovations Group plc ("SI" or the "Company") announces that it has issued and allotted 6,050,000 new ordinary shares of 1p each in the Company following the exercise of share options by directors and employees of the Company. The options have been exercised at a range of prices as follows:

 

Number of options

Exercise price (p)

3,000,000

1.7

1,000,000

2.0

1,000,000

3.0

1,050,000

2.0

 

The details of the directors exercising options and their resultant holdings are as follows:

 

Name

Option shares

Exercise price (p)

Resultant holding

Percentage holding

D B Liversidge

1,000,000

1.7

5,171,821

1.36

G Bowland

1,000,000

3.0

2,617,498

0.69

C Glass

1,000,000

1.7

4,881,602

1.28

M McMahon

1,000,000

1.7

13,188,281

3.47

 

 

An application has been made for the new ordinary shares to be admitted to trading on AIM which is expected to occur on 29 September 2010. Following the issue of the new shares there are 379,891,902 ordinary shares of 1p each of SI in issue with each share carrying the right to one vote.

 

 

Enquiries:

 

Surgical Innovations Group plc

0113 230 7597

Graham Bowland

 

 

 

Westhouse Securities Limited

0113 246 2610

Tim Feather / Matthew Johnson

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IOEBXLLLBKFXBBQ
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