TIDMMED

RNS Number : 1152L

Intelligent Ultrasound Group PLC

04 September 2019

Intelligent Ultrasound Group plc

("Intelligent Ultrasound" or the "Group")

Clarification of change of holding

The Board of Intelligent Ultrasound Group plc (AIM: MED) would like to clarify that, following a recent media report, the reduction in the percentage shareholding of IP Group plc and Parkwalk Advisors Limited in the Company announced on 2 September 2019, was as a result of their dilution following the increase in the number of shares in issue subsequent to the oversubscribed Placing and Open Offer which was approved by shareholders on 27 August 2019 and not as a result of any disposal of shares in the Company by IP Group plc or Parkwalk Advisors Limited.

Enquiries:

 
Intelligent Ultrasound Group                                      www.intelligentultrasound.com 
 plc 
Stuart Gall, CEO                                                       Tel: +44 (0)29 2075 6534 
 Wilson Jennings, CFO 
 
Cenkos Securities - Nominated Advisor                                  Tel: +44 (0)20 7397 8900 
 and broker 
Giles Balleny / Cameron MacRitchie 
 (Corporate Finance) 
Michael Johnson / Julian Morse 
 (Sales) 
 
Walbrook PR                    Tel: +44 (0)20 7933 8780 or intelligentultrasound@walbrookpr.com 
Anna Dunphy / Paul McManus                                  Mob: +44 (0)7876 741 001 / Mob: +44 
                                                                                (0)7980 541 893

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END

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September 04, 2019 02:00 ET (06:00 GMT)

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