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Polarean Imaging plc.'s technology is for research use only

Corporate News

Director Dealing

02 January 2020

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 £0.00037 ("Ordinary Shares") via three transactions which are summarised in the table below (the "Transactions").

Date of Transaction Number of Ordinary Shares purchased Price per Ordinary Share
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[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: 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 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):

Transaction

Price(s)

Volume(s)

(i)

(ii)

(iii)

20.22 pence

20.02 pence

23.87 pence

100,000

100,000

147,100

d) Aggregated information:

Aggregated volume:

Price:
Single transaction as in 4 c) above
Price(s) Volume(s)
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