Surgical Innovations Group plc announced that Melanie Ross has withdrawn her notice of intended resignation which was due to take effect on April 15, 2016, and has taken up the position of Managing Director of Surgical Innovations Limited in addition to her responsibilities as Finance Director of the company.

The company has entered into a supplemental agreement with Yorkshire Bank extending the term of existing bank loan facilities by six months to October 31, 2017, and modifying the financial covenants for the year ending December 31, 2016 to reflect the Board's current financial forecasts. The supplemental agreement also includes an accelerated capital repayment of £700,000 which has been met from the available cash resources of the Company.