TIDMPOLX

RNS Number : 6829P

Polarean Imaging PLC

11 October 2019

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 10 October 2019 that Dr Jonathan Allis, a Non-Executive Director of the Company, purchased 1,540,000 Ordinary Shares of GBP0.00037 ("Ordinary Shares") at a price of 13.06 pence per share on 8 October 2019.

Following this transaction, Dr Allis now holds a beneficial interest in 1,540,000 Ordinary Shares, representing approximately 1.35 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) 
                                            13.06 
                                             pence      1,540,000 
                                                       ---------- 
     ---------------------------------  ---------------------------------------- 
 d)   Aggregated information:            Single transaction as 
       Aggregated volume:                 in 4 c) above Price(s)       Volume(s) 
       Price:                              13.06 pence    1,540,000 
     ---------------------------------  ---------------------------------------- 
 e)   Date of the transaction:           15.48hrs on 8 October 
                                          2019 
     ---------------------------------  ---------------------------------------- 
 f)   Place of the transaction:          Outside a trading venue 
     ---------------------------------  ----------------------------------------

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

October 11, 2019 11:17 ET (15:17 GMT)

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