Polarean Imaging plc (AIM: POLX) - Appointment of Nominated Adviser and Broker

Polarean Imaging plc (AIM: POLX), the medical?imaging technology company, with a proprietary drug?device combination product for the magnetic resonance imaging (MRI) market, announces that pursuant to the proposed merger between SP Angel Corporate Finance LLP (“SP Angel”) and Northland Capital Partners Ltd, it has appointed SP Angel as its Nominated Adviser and Broker with immediate effect.

Polarean Imaging plc (AIM: POLX), the medical?imaging technology company, with a proprietary drug?device combination product for the magnetic resonance imaging (MRI) market, announces that pursuant to the proposed merger between SP Angel Corporate Finance LLP (“SP Angel”) and Northland Capital Partners Ltd, it has appointed SP Angel as its Nominated Adviser and Broker with immediate effect.

AIM Rule 17 Notice

Richard Hullihen, the Company’s Chief Executive Officer, was previously a Director of M2M Imaging Australia Pty Ltd (“M2M Australia”). M2M Australia was placed in voluntary administration in 2013 while Richard Hullihen was on the board. M2M Australia was subsequently liquidated and dissolved in 2015.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

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

Lindsay Mair

MC Services (European IR)

Tel: +49 (0)89 210 2280

Raimund Gabriel

Walbrook PR

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

Paul McManus / Anna Dunphy
Helen Cresswell

Mob: +44 (0)7980 541 893 / +44 (0)7879 741 001
Mob: +44 (0)7841 917 679

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