TIDMPOLX

RNS Number : 6364A

Polarean Imaging PLC

22 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 yesterday it was notified that Dr Jonathan Allis, a Non-Executive Director of the Company, purchased 337,574 Ordinary Shares of GBP0.00037 ("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                              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:                                  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           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):                  Price(s)    Volume(s) 
                                                29.9 
                                                 pence      33,444 
                                                29.9 
                                                 pence      33,444 
                                                29.9 
                                                 pence      33,444 
                                                29.5 
                                                 pence      33,898 
                                                29.5 
                                                 pence      67,796 
                                                29.5 
                                                 pence      50,847 
                                                29.5 
                                                 pence      50,803 
                                                29.5 
                                                 pence      33,898 
                                                           ---------- 
     -------------------------------------  -------------------------------- 
 d)   Aggregated information:                  Price(s)      Volume(s) 
       Aggregated volume:                       29.6 pence    337,574 
       Price: 
     -------------------------------------  -------------------------------- 
 e)   Date of the transaction:               20 January 2020 
     -------------------------------------  -------------------------------- 
 f)   Place of the transaction:              AIM, London Stock Exchange 
     -------------------------------------  -------------------------------- 
 

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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(END) Dow Jones Newswires

January 22, 2020 11:03 ET (16:03 GMT)

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