Director/PDMR Shareholding

RNS Number : 4502N

Inspiration Healthcare Group PLC

24 September 2019

 

24 September 2019

Inspiration Healthcare Group plc

("Inspiration Healthcare" or the "Company")

Director/PDMR Shareholding

Further to the Company's announcements on 5 September 2019 and 23 September 2019, Inspiration Healthcare announces that certain Directors have, following Admission today, acquired a total of 154,693 ordinary shares of 10 pence each in the Company ("Ordinary Shares") via the Placing as detailed below:

Name		Number of Placing Shares subscribed for	Value of Placing Shares subscribed for	Resultant shareholding following subscription in the Placing	Percentage of enlarged share capital following proposed subscription
Mark Abrahams	Non-executive Chairman	86,047	£49,907.26	241,201	0.6%
Mike Briant	Chief Financial Officer	34,323	£19,907.34	34,323	0.1%
Brook Nolson	Non-executive Director	34,323	£19,907.34	34,323	0.1%
Total		154,693	£89,721.94	309,847	0.8%

Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as defined in the circular sent to shareholders of the Company on 5 September 2019.

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.   Mark Abrahams 2.   Mike Briant 3.   Brook Nolson
2	Reason for the notification
a)	Position/status	1.   Non-executive Chairman 2.   Chief Financial Officer 3.   Non-executive Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Inspiration Healthcare Group plc
b)	LEI	213800GKFT3ENAPMDL15
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 10 pence each ISIN: GB00BXDZL105
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   58 pence 2.   58 pence 3.   58 pence 1.   86,047 2.   34,323 3.   34,323
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	24 September 2019
f)	Place of the transaction	London Stock Exchange, XLON

Enquiries:

Inspiration Healthcare Group plc Neil Campbell, Chief Executive Officer Mike Briant, Chief Financial Officer	Tel: [phone]
Cenkos Securities plc - Nominated Adviser & Broker Stephen Keys / Cameron MacRitchie	Tel: [phone]
Cadogan PR Alex Walters [e-mail]	Tel: [phone]

About Inspiration Healthcare

Inspiration Healthcare (AIM: IHC) is a global provider of medical technology for use in critical care & operating theatres. The Company provides high quality innovative products to patients around the world which help to improve patient outcomes and it actively invests in innovative product opportunities and disruptive technologies. 

Through investment in research and development the Company has 6 key own brand products that can be used within the first 6 hours of life to help premature and sick babies; helping with assessment, resuscitation, stabilisation as well as preventing brain damage. Additionally the Company has its own range of products for maintaining normothermia pre- during and post-surgery.

With product availability extending to over 50 countries through a distribution network, Inspiration Healthcare's success has been built on continuous innovation, excellent customer service and an inherent commitment to improving patient outcomes, working in close collaboration with key opinion leaders across the globe.

In the UK and Ireland the Company has a direct sales team selling Inspiration Branded and complementary products from third parties, with an additional range of home healthcare products.  This is supported by Technical Support for planned preventative maintenance and emergency assistance.

Further information on Inspiration Healthcare can be seen at www.inspiration-healthcare.com

 

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