Issue of Equity
October 13 2010 - 10:04AM
UK Regulatory
TIDMSUN
SURGICAL INNOVATIONS GROUP PLC
ISSUE OF EQUITY
Surgical Innovations Group plc ("SI" or the "Company") announces that it has
issued and allotted 1,600,000 new ordinary shares of 1p each in the Company
following the exercise of share options by Graham Bowland, Chief Executive of
SI. The exercise prices of the options are as follows:
Number of options Exercise price
(p)
1,000,000 2.0
600,000 1.5
Following the exercise of the options Mr. Bowland holds 4,217,498 ordinary
shares in the Company representing 1.1 per cent. of the issued share capital.
An application has been made for the new ordinary shares to be admitted to
trading on AIM which is expected to occur on 19 October 2010. Following the
issue of the new shares there are 381,491,902 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
END
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