Surgical Innovations Regulatory News (SUN)

Surgical Innovations Group plc

(the "Company")

Issue of Shares

The Company has issued and allotted a total of 688,421 ordinary shares of 1p each ("Shares") at a price of 2.375 pence per share to Nigel Rogers, Executive Chairman, and Michael McMahon, Paul Hardy and Alistair Taylor, Non-Executive Directors.

Details of the Shares issued and the resulting holdings of each of the directors are as follows:

* Paul Hardy's beneficial holding comprises the holdings of Hardy Transaction Management Limited, a company in which he has a controlling interest, and his SIPP

As the Shares have been issued in lieu of remuneration for the third quarter of 2016, the issue price was set at the closing price on the date of the Company's payroll in September.

Application will be made for 688,421 Shares to be admitted to trading on AIM ("Admission") which is expected to take place on 5 October 2016.

Following Admission, the total number of ordinary shares in issue will be 488,681,435 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.

ENDS

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