Polarean Imaging Plc
("Polarean" or the "Company")
Director Dealing
Polarean Imaging plc (AIM: POLX), the medical-imaging technology company, with a proprietary drug-device combination product, announces that yesterday it was notified that Dr Jonathan Allis, a Non-Executive Director of the Company, purchased 337,574 Ordinary Shares of £0.00037 ("Ordinary Shares") at an average price of 29.6 pence per share on 20 January 2020.
Following this transaction, Dr Allis now holds a beneficial interest in 1,877,574 Ordinary Shares, representing approximately 1.64 per cent. of the Company's issued share capital.
Enquiries:
| Polarean Imaging plc | ||||
| Richard Hullihen, Chief Executive Officer | Via Walbrook PR | |||
| Richard Morgan, Chairman |
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| SP Angel Corporate Finance LLP | Tel: +44 (0)20 3470 0470 | |||
| David Hignell / Soltan Tagiev (Corporate Finance) |
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| Vadim Alexandre / Rob Rees (Corporate Broking) |
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| Walbrook PR | Tel: +44 (0)20 7933 8780 or [email protected] | |||
| Anna Dunphy / Paul McManus | Mob: +44 (0)7879 741 001 / +44 (0)7980 541 893 | |||
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||||||||
| a) | Name: | Dr Jonathan Allis | ||||||||||||||||||
| 2. | Reason for the notification | |||||||||||||||||||
| a) | Position/status: | Non-Executive Director | ||||||||||||||||||
| b) | Initial notification/Amendment: | Initial notification | ||||||||||||||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||
| a) | Name: | Polarean Imaging Plc | ||||||||||||||||||
| b) | LEI: | 213800DGR2BHXJ36OL37 | ||||||||||||||||||
| 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||||||||||||||
| a) | Description of the financial instrument, type of instrument: Identification code:
| Ordinary shares of £0.00037 GB00BF3DT583 | ||||||||||||||||||
| b) | Nature of the transaction: | Purchase of shares | ||||||||||||||||||
| c) | Price(s) and volume(s): |
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| d) | Aggregated information: Aggregated volume: Price: |
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| e) | Date of the transaction: | 20 January 2020 | ||||||||||||||||||
| f) | Place of the transaction: | AIM, London Stock Exchange | ||||||||||||||||||