Correction – Director/PDMR Shareholding

Apr 24, 2015

Advanced Medical Solutions Group plc
(“AMS” or the “Group”)

RNS Number : 3283L
Advanced Medical Solutions Grp PLC
24 April 2015
 

24 April 2015

Advanced Medical Solutions Group plc

(“AMS” or the “Company”)

Correction to Exercise of share options and Directors’ dealings

In the Director Dealing announcement released earlier today under RNS No 3200L, the announcement omitted the date on which both the share incentive awards were exercised and the Company was informed of such exercise. This information has been included below. All other details remain unchanged.

Winsford, UK: Advanced Medical Solutions Group plc (AIM:AMS), the global medical technology company, was informed on 23 April 2015 that Mary Tavener, Group Finance Director, on 23 April exercised certain share incentive awards as outlined below.

In order to cover the exercise cost and the tax payable on this exercise Mary Tavener has sold 55,000 Ordinary Shares of 5p each on 23 April 2015 at 139.25 pence per share as detailed below.

A summary of Ms Tavener’s beneficial interest in Ordinary Shares and Ordinary Shares under incentive schemes is summarised in the table below.


Number prior to transaction

Number exercised

Shares acquired

Shares sold

Resultant interest

Ordinary Shares

1,774,470


104,957

55,000

1,824,427

Long Term Incentive Plan

624,611

97,829

526,782

Deferred Share Bonus Plan

18,494

7,128

11,366

Deferred Annual Bonus Plan

36,538

36,538

– Ends –

 

For further information, please visit www.admedsol.com or contact:

 

Advanced Medical Solutions Group plc

Chris Meredith, Chief Executive Officer

Mary Tavener, Group Finance Director

 

+44 (0) 1606 545508

Consilium Strategic Communications

Mary-Jane Elliot / Jonathan Birt / Matthew Neal / Ivar Milligan

 

+44 (0) 20 3709 5700

AMS@consilium-comms.com

Investec Bank plc (NOMAD & Broker)

Gary Clarence / Daniel Adams / Patrick Robb

 +44 (0) 20 7597 5970

 

 

About Advanced Medical Solutions Group plc – see www.admedsol.com 

 

AMS is a world-leading independent developer and manufacturer of innovative and technologically advanced products for the global surgical, wound care and wound closure markets, focused on quality outcomes for patients and value for payors. AMS has a wide range of products that include silver alginates, alginates, foams, tissue adhesives, sutures and haemostats, which it markets under its brands ActivHeal®, LiquiBand® and RESORBA® as well as supplying under white label.

AMS’s products, manufactured out of two sites in the UK, one in the Netherlands, two in Germany and one in the Czech Republic, are sold in more than 70 countries via a network of multinational or regional partners and distributors, as well as via AMS’s own direct sales forces in the UK, Germany, the Czech Republic and Russia.  Established in 1991, the Company has 472 employees.  For more information please see www.admedsol.com.


This information is provided by RNS
The company news service from the London Stock Exchange
 

END

 
 

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For further information, please contact:

Advanced Medical Solutions Group plc

Tel: 44 (0) 1606 545508

Chris Meredith, Chief Executive Officer

Eddie Johnson, Chief Financial Officer

Michael King, Investor Relations

Consilium Strategic Communications

Tel: 44 (0) 20 3709 5700

Matthew Neal / Lucy Featherstone

Investec Bank PLC (NOMAD & Broker)

Tel: 44 (0) 20 7597 5970

Gary Clarence / David Anderson

HSBC Bank PLC (Broker)

Tel: 44 (0) 20 7991 8888

Sam McLennan / Joe Weaving / Stephanie Cornish

About Advanced Medical Solutions Group plc

AMS is a world-leading independent developer and manufacturer of innovative tissue-healing technology, focused on quality outcomes for patients and value for payers. AMS has a wide range of surgical products including tissue adhesives, sutures, haemostats, internal fixation devices and internal sealants, which it markets under its brands LiquiBand®, RESORBA®, LiquiBandFix8® and Seal-G®. AMS also supplies wound care dressings such as silver alginates, alginates and foams through its ActivHeal® brand as well as under white label. Since 2019, the Group has made five acquisitions: Sealantis, an Israeli developer of innovative internal sealants; Biomatlante, a French developer and manufacturer of surgical biomaterials, Raleigh, a leading UK coater and converter of woundcare and bio-diagnostics materials, AFS Medical, an Austrian specialist surgical business and Connexicon, an Irish tissue adhesives specialist.

AMS's products, manufactured in the UK, Germany, France, the Netherlands, the Czech Republic and Israel, are sold globally via a network of multinational or regional partners and distributors, as well as via AMS's own direct sales forces in the UK, Germany, Austria, the Czech Republic and Russia. The Group has R&D innovation hubs in the UK, Ireland, Germany, France and Israel. Established in 1991, the Group has more than 800 employees. For more information, please see admedsol.com.

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