Polarean Imaging Plc

Polarean Imaging plc (AIM: POLX), the medical-imaging technology company, with a proprietary drug-device combination product, announces that it was notified on 31 December 2019 that Mr Richard Hullihen, the Company’s CEO, has purchased a total of 347,100 ordinary shares of £0.00037

Polarean Imaging plc (AIM: POLX), the medical-imaging technology company, with a proprietary drug-device combination product, announces that it was notified on 31 December 2019 that Mr Richard Hullihen, the Company’s CEO, has purchased a total of 347,100 ordinary shares of £0.00037 (“Ordinary Shares”) via three transactions which are summarised in the table below (the “Transactions”).

Date of Transaction

Number of Ordinary Shares purchased

Price per Ordinary Share

13 December 2019

100,000

20.22p

16 December 2019

100,000

20.02p

27 December 2019

147,100

23.87p

Following this Transactions, Mr Hullihen holds a beneficial interest in 2,928,899 Ordinary Shares, representing 2.56 per cent. of the Company’s issued share capital with voting rights.

Enquiries:

Polarean Imaging plc

www.polarean.com / www.polarean-ir.com

Richard Hullihen, Chief Executive Officer

Via Walbrook PR

Richard Morgan, Chairman

SP Angel Corporate Finance LLP

Tel: +44 (0)20 3470 0470

David Hignell / Soltan Tagiev (Corporate Finance)

Vadim Alexandre / Rob Rees (Corporate Broking)

Walbrook PR

Tel: +44 (0)20 7933 8780 or polarean@walbrookpr.com

Anna Dunphy / Paul McManus

Mob: +44 (0)7879 741 001 / +44 (0)7980 541 893