29th Oct 2015 10:11
LONDON (Alliance News) - Surgical Innovations Group PLC Thursday said new Chairman Nigel Rogers bought 1 million shares at a price of 1.30 pence per share Wednesday which is his only holding.
500,000 are held by Nigel Rogers and the other 500,000 shares are held by his wife.
Rogers was appointed on Wednesday replacing incumbent chairman Doug Liversidge who stood down from the role but remains on the board as a non-executive.
Rogers is the non-executive chairman of Transense Technologies PLC, the AIM-listed sensor systems maker. Surgical Innovations noted that Rogers also managed the flotation of Stadium Group PLC as finance director, before becoming chief executive officer in 2001.
The stock was up 19% at 1.40p, the best performer on AIM.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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