TIDMPOLX

RNS Number : 6117Y

Polarean Imaging PLC

02 January 2020

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 it was notified on 31 December 2019 that Mr Richard Hullihen, the Company's CEO, has purchased a total of 347,100 ordinary shares of GBP0.00037 ("Ordinary Shares") via three transactions which are summarised in the table below (the "Transactions").

 
 Date of Transaction    Number of Ordinary Shares   Price per Ordinary Share 
                         purchased 
 13 December 2019       100,000                     20.22p 
                       --------------------------  ------------------------- 
 16 December 2019       100,000                     20.02p 
                       --------------------------  ------------------------- 
 27 December 2019       147,100                     23.87p 
                       --------------------------  ------------------------- 
 

Following this Transactions, Mr Hullihen holds a beneficial interest in 2,928,899 Ordinary Shares, representing 2.56 per cent. of the Company's issued share capital with voting rights.

Enquiries:

 
Polarean Imaging plc                              www.polarean.com / www.polarean-ir.com 
Richard Hullihen, Chief Executive Officer                                Via Walbrook PR 
Richard Morgan, Chairman 
 
SP Angel Corporate Finance LLP                                       Tel: +44 (0)20 3470 
                                                                                    0470 
David Hignell / Soltan Tagiev (Corporate Finance) 
Vadim Alexandre / Rob Rees (Corporate Broking) 
 
Walbrook PR                          Tel: +44 (0)20 7933 8780 or polarean@walbrookpr.com 
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:                              Mr Richard Hullihen 
     ---------------------------------  ------------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------------ 
 a)   Position/status:                   Chief Executive Officer 
     ---------------------------------  ------------------------------------------- 
 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       Ordinary shares of GBP0.00037 
       instrument, type of instrument:    GB00BF3DT583 
       Identification code: 
     ---------------------------------  ------------------------------------------- 
 b)   Nature of the transaction:         Purchase of shares 
     ---------------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s):             Transaction    Price(s)        Volume(s) 
                                           (i)            20.22 pence     100,000 
                                            (ii)           20.02 pence     100,000 
                                            (iii)          23.87 pence     147,100 
                                                         --------------  ---------- 
     ---------------------------------  ------------------------------------------- 
 d)   Aggregated information:            Single transaction as 
       Aggregated volume:                 in 4 c) above Price(s)     Volume(s) 
       Price:                              See above    347,100 
     ---------------------------------  ------------------------------------------- 
 e)   Date of the transactions:          (i): 13 December 2019 
                                          (ii): 16 December 2019 
                                          (iii): 27 December 2019 
     ---------------------------------  ------------------------------------------- 
 f)   Place of the transactions:         London Stock Exchange, 
                                          AIM Market 
     ---------------------------------  ------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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January 02, 2020 11:50 ET (16:50 GMT)

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