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Intelligent Ultrasound Group Expands Share Capital Following Option Exercise
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Intelligent Ultrasound Group Expands Share Capital Following Option Exercise

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The latest announcement is out from Intelligent Ultrasound Group Plc ( (GB:IUG) ).

Intelligent Ultrasound Group plc has announced the issuance of 3,823,182 new ordinary shares following the exercise of share options, with trading expected to begin on the AIM Market of the London Stock Exchange on December 31, 2024. This issuance increases the company’s total ordinary shares to 331,013,103, which will serve as the basis for shareholder interest notifications under the FCA’s Disclosure Guidance and Transparency Rules.

More about Intelligent Ultrasound Group Plc

Intelligent Ultrasound Group plc is a leading company in the ultrasound simulation and education sector, offering high-fidelity virtual reality simulation products for ultrasound training. Its main products include the ScanTrainer obstetrics and gynaecology simulator, HeartWorks echocardiography simulator, BodyWorks Eve for emergency medicine, BabyWorks Neonate and Paediatric simulator, and NeedleTrainer for ultrasound-guided needling. The company has sold over 1,800 simulators to more than 800 medical institutions worldwide.

YTD Price Performance: 36.36%

Average Trading Volume: 227,708

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £41.72M

See more data about IUG stock on TipRanks’ Stock Analysis page.

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