PDMR / Director Shareholding

Cambridge, UK, 29 April 2015: Sphere Medical Holding plc (AIM: SPHR.L), (“Sphere Medical” or the “Company”) a leading provider of innovative monitoring and diagnostic devices for the critical care setting, announces that, further to the announcement of the results of the Open Offer earlier today, the following Directors subscribed for Open Offer Shares at the Issue Price of 16 pence as detailed below.

Directors Participation in the Open Offer

Name of Director

Number of Open Offer Shares acquired

Total number of ordinary shares immediately following Open Offer Shares Acquired

Percentage of enlarged share capital immediately following Open Offer Shares Acquired

Dr Anthony Martin

187,500

417,554

0.63%

Dr Wolfgang Rencken

218,750

230,720

0.35%

John Gregory

46,875

90,744

0.14%

Stephen H. Mahle

93,750

152,888

0.23%

 

As indicated in the Company’s circular dated 13 April 2015 certain of the Directors are also intending to participate in the Placing, details of such participation will be announced in due course and are not included in the above table.

The Fundraising remains conditional, inter alia, on the approval of Shareholders at a General Meeting to be held at 10.00 am on 30 April 2015 and Admission which is expected to become effective on 1 May 2015.

Unless otherwise defined, terms in this announcement shall have the same meanings as those defined in the shareholder circular dated 13 April 2015.