Surgical Innovations Group (SUN)

Sector:

Health Care

Index:

FTSE AIM All-Share

0.50p
   
  • Change Today:
    -0.050p
  • 52 Week High: 2.25
  • 52 Week Low: 0.44
  • Currency: UK Pounds
  • Shares Issued: 932.82m
  • Volume: 1,634,113
  • Market Cap: £4.66m
  • RiskGrade: 341

Surgical Innovations subsidiary signs Microline distribution deal

By Josh White

Date: Monday 22 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Surgery technology company Surgical Innovations announced on Monday that its wholly-owned subsidiary Elemental Healthcare has signed an additional three-year exclusive distribution agreement with Microline Surgical, for the distribution of Microline instruments in Great Britain.
The AIM-traded firm said Microline, based near Boston, Massachusetts, designs, manufactures and distributes instruments aimed at the minimally-invasive surgery market.

Its portfolio of products was said to be "complementary" to those offered by Surgical Innovations, with a focus on the 'Resposable' ethos of cost and sustainability.

Elemental already had an established relationship with Microline, and recently announced a new five-year United States distribution agreement with Microline for its range of 'YelloPort+Plus' and 'YelloPort Elite' access devices.

"We are very pleased to announce an exclusive agreement for a further three years to sell products manufactured by Microline Surgical," said group development director Adam Power.

"Microline is Elemental Healthcare's longest standing distribution partner as well as our largest, and shares the philosophy of sustainability in its products which will play such an important part in hospital decision-making in the years to come."

At 1410 GMT, shares in Surgical Innovations were down 0.74% at 2.68p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SUN Market Data

Currency UK Pounds
Share Price 0.50p
Change Today -0.050p
% Change -9.09 %
52 Week High 2.25
52 Week Low 0.44
Volume 1,634,113
Shares Issued 932.82m
Market Cap £4.66m
RiskGrade 341

SUN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
60.88% above the market average60.88% above the market average60.88% above the market average60.88% above the market average60.88% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Price Trend
88.57% below the market average88.57% below the market average88.57% below the market average88.57% below the market average88.57% below the market average
62.16% below the sector average62.16% below the sector average62.16% below the sector average62.16% below the sector average62.16% below the sector average
Income Not Available
Growth
12.91% above the market average12.91% above the market average12.91% above the market average12.91% above the market average12.91% above the market average
5.56% below the sector average5.56% below the sector average5.56% below the sector average5.56% below the sector average5.56% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SUN Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:31 200,000 @ 0.49p
16:14 200 @ 0.49p
14:35 15,463 @ 0.49p
13:11 2,000 @ 0.44p
12:14 49,500 @ 0.44p

SUN Key Personnel

CFO Charmaine Day
CEO David Marsh
Chair Jonathan Glenn

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