30 November 2017

            Advanced Medical Solutions Group plc

(“AMS”, the “Company” or the “Group”)

 

            Director/PDMR Shareholding

 

Winsford, UK: Advanced Medical Solutions Group plc (AIM: AMS), a leading developer and manufacturer of advanced products for the global surgical and advanced wound care markets, announces it was notified on 27 November 2017 that Chris Meredith, who is a Director and PDMR, following the end of the holding period, has exercised 22,203 options from the Deferred Annual Bonus Plan (DAB). Mr Meredith elected to receive an additional 296 dividend shares which were earned during the 3 year holding period under the terms of this scheme. Mr Meredith subsequently sold 10,726 Ordinary Shares of 5p each on 27 November 2017 at a share price of 312.109p per Ordinary Share to cover the tax and National Insurance payable on this exercise. 

 

As a result of these transactions Chris Meredith’s beneficial interest in the Company has increased from 1,470,306 shares to 1,482,079 shares.

 

Deferred Annual Bonus Plan (DAB)

 

Director	DABs prior to exercise	DABs exercised	Dividend Shares received	Ordinary Shares sold	Ordinary Shares retained	DABs after exercise
Chris Meredith, Chief Executive Officer	105,587	22,203	296	10,726	11,773	83,384

 

Overall Holding

 

Director	Holding prior to exercise	Number of shares exercised	Dividend Shares received	Number of shares sold	Sale price (p)	Resultant holding	% of issued share capital
Chris Meredith, Chief Executive Officer	1,470,306	22,203	296	10,726	312.109p	1,482,079	0.7%

 

The Company further announces that it was notified on 27 November 2017 that Mary Tavener, who is a Director and PDMR, following the end of the holding period, has exercised 17,207 options from the Deferred Annual Bonus Plan (DAB). Mrs Tavener elected to receive an additional 229 dividend shares which were earned during the 3 year holding period under the terms of the scheme. Mrs Tavener subsequently sold 8,313 Ordinary Shares of 5p each on 27 November 2017 at a share price of 312.109p per Ordinary Share to cover the tax and National Insurance payable on this exercise.  

 

As a result of these transactions Mary Tavener’s beneficial interest in the Company has increased from 1,950,568 shares to 1,959,691 shares.

 

 

 

Deferred Annual Bonus Plan (DAB)

 

Director	DABs prior to exercise	DABs exercised	Dividend Shares received	Ordinary Shares sold	Ordinary Shares retained	DABs after exercise
Mary Tavener, Chief Financial Officer	72,935	17,207	229	8,313	9,123	55,728

 

Overall Holding

 

Director	Holding prior to exercise	Number of shares exercised	Dividend Shares received	Number of shares sold	Sale price (p)	Resultant holding	% of issued share capital
Mary Tavener, Chief Financial Officer	1,950,568	17,207	229	8,313	312.109p	1,959,691	0.92%

 

The Company further announces that it was notified on 27 November 2017 that Eddie Johnson, who is a Senior Manager and PDMR, following the successful achievement of certain performance criteria, has exercised 38,450 options from the Long Term Incentive Plan (LTIP). Mr Johnson has also, following the end of the holding period, exercised 3,115 options from the Deferred Annual Bonus Plan (DAB). Mr Johnson elected to receive an additional 41 dividend shares which were earned during the 3 year holding period under the terms of the scheme. Mr Johnson subsequently sold 41,606 Ordinary Shares of 5p each on 27 November 2017 at a share price of 312.109p per Ordinary Share. Following these transactions the beneficial ownership of Eddie Johnson is as follows:

 

Long Term Incentive Plan (LTIP)

 

PDMR	No. of LTIPs prior to exercise	LTIPs exercised	LTIPs lapsed	Ordinary Shares sold	Ordinary Shares retained	LTIPs after exercise
Eddie Johnson	144,139	38,450	11,550	38,450	Nil	94,139

 

Deferred Annual Bonus Plan (DAB)

 

PDMR	DABs prior to exercise	DABs exercised	Dividend Shares received	Ordinary Shares sold	Ordinary Shares retained	DABs after exercise
Eddie Johnson	19,359	3,115	41	3,156	Nil	16,244

 

Overall Holding

 

PDMR	Holding prior to exercise	Number of shares exercised	Dividend Shares received	Number of shares sold	Sale price (p)	Resultant holding	% of issued share capital
Eddie Johnson	48,734	41,565	41	41,606	312.109p	48,734	0.023%

The Company further announces that it was notified on 27 November 2017 that Pieter van Hoof, who is a Senior Manager and PDMR, following the successful achievement of certain performance criteria, has exercised 38,450 options from the Long Term Incentive Plan (LTIP). Mr van Hoof has also, following the end of the holding period, exercised 2,993 options from the Deferred Annual Bonus Plan (DAB). Mr van Hoof elected to receive an additional 39 dividend shares which were earned during the 3 year holding period under the terms of the scheme. Mr van Hoof has also elected to exercise 38,387 Ordinary Shares of 5p from the Deferred Share Bonus Plan (DSB).

 

Mr van Hoof subsequently sold 32,810 Ordinary Shares of 5p each on 27 November 2017 at a share price of 312.109p per Ordinary Share to cover the tax and National Insurance payable on this exercise.  As a result of these transactions Pieter van Hoof’s beneficial interest in the Company has increased from 76,282 shares to 123,341 shares.

 

Long Term Incentive Plan (LTIP)

 

PDMR	No. of LTIPs prior to exercise	LTIPs exercised	LTIPs lapsed	Ordinary Shares sold	Ordinary Shares retained	LTIPs after exercise
Pieter van Hoof	144,933	38,450	11,550	15,802	22,648	94,933

 

Deferred Annual Bonus Plan (DAB)

 

PDMR	DABs prior to exercise	DABs exercised	Dividend Shares received	Ordinary Shares sold	Ordinary Shares retained	DABs after exercise
Pieter van Hoof	17,819	2,993	39	1,230	1,802	14,826

 

Deferred Share Bonus Plan (DSB)

 

PDMR	No. of DSBs prior to exercise	DSBs exercised	Ordinary Shares sold	Ordinary Shares retained	DSBs after exercise
Pieter van Hoof	60,057	38,387	15,778	22,609	21,670

 

Overall Holding

 

PDMR	Holding prior to exercise	Number of shares exercised	Dividend Shares received	Number of shares sold	Sale price (p)	Resultant holding	% of issued share capital
Pieter van Hoof	76,282	79,830	39	32,810	312.109p	123,341	0.058%

 

 

 

 

The Company further announces that it was notified on 27 November 2017 that Jeff Willis, who is a Senior Manager and PDMR, following the end of the holding period, has exercised 2,437 options from the Deferred Annual Bonus Plan (DAB). Mr Willis elected to receive an additional 32 dividend shares which were earned during the 3 year holding period under the terms of the scheme. Mr Willis has also elected to exercise 5,617 Ordinary Shares of 5p from the Deferred Share Bonus Plan (DSB). Mr Willis subsequently sold 12,512 Ordinary Shares of 5p each on 27 November 2017 at a share price of 312.109p per Ordinary Share. As a result of these transactions Jeff Willis’s beneficial interest in the Company has decreased from 165,765 shares to 161,339 shares.

 

Deferred Annual Bonus Plan (DAB)

 

PDMR	DABs prior to exercise	DABs exercised	Dividend Shares received	Ordinary Shares sold	Ordinary Shares retained	DABs after exercise
Jeff Willis	23,531	2,437	32	2,469	Nil	21,094

 

Deferred Share Bonus Plan (DSB)

 

PDMR	No. of DSBs prior to exercise	DSBs exercised	Ordinary Shares sold	Ordinary Shares retained	DSBs after exercise
Jeff Willis	31,426	5,617	5,617	Nil	25,809

 

Overall Holding

 

PDMR	Holding prior to exercise	Number of shares exercised	Dividend Shares received	Number of shares sold	Sale price (p)	Resultant holding	% of issued share capital
Jeff Willis	165,765	8,054	32	12,512	312.109p	161,339	0.075%

 

 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

 

 

 

 

 

 

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Chris Meredith
2.	Reason for the notification
a)	Position/status: Director/PDMR
b)	Initial notification/Amendment: Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:   Advanced Medical Solutions Group plc
b)	LEI: 213800HJP6OWOSZI1L74
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Ordinary Shares of 5p Identification code: GB0004536594
b)	Nature of the transactions: ·        Exercise of 22,203 shares from the Deferred Annual Bonus Plan ·        Award of 296 Dividend Shares from the Deferred Annual Bonus Plan ·        Sale of 10,726 Ordinary Shares of 5p
c)	Price(s) and volume(s): Sale of shares: Price(s) Volume(s) £3.12109 10,726
d)	Aggregated information: (Relates to those shares sold only) Aggregated volume: 10,726 Aggregated price: £3.12109
e)	Date of the transaction: 27/11/2017
f)	Place of the transaction: London Stock Exchange, AIM Market (XLON)

 

 

 

 

 

 

 

 

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Mary Tavener
2.	Reason for the notification
a)	Position/status: Director/PDMR
b)	Initial notification/Amendment: Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:   Advanced Medical Solutions Group plc
b)	LEI: 213800HJP6OWOSZI1L74
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Ordinary Shares of 5p Identification code: GB0004536594
b)	Nature of the transactions: ·        Exercise of 17,207 shares from the Deferred Annual Bonus Plan ·        Award of 229 Dividend Shares from the Deferred Annual Bonus Plan ·        Sale of 8,313 Ordinary Shares of 5p
c)	Price(s) and volume(s): Sale of shares: Price(s) Volume(s) £3.12109 8,313
d)	Aggregated information: (Relates to those shares sold only) Aggregated volume: 8,313 Aggregated price: £3.12109
e)	Date of the transaction: 27/11/2017
f)	Place of the transaction: London Stock Exchange, AIM Market (XLON)

 

 

 

 

 

 

 

 

 

 

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Eddie Johnson
2.	Reason for the notification
a)	Position/status: Senior Manager/PDMR
b)	Initial notification/Amendment: Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:   Advanced Medical Solutions Group plc
b)	LEI: 213800HJP6OWOSZI1L74
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Ordinary Shares of 5p Identification code: GB0004536594
b)	Nature of the transaction: ·        Exercise of 38,450 shares from the Long Term Incentive Plan ·        Exercise of 3,115 shares from the Deferred Annual Bonus Plan ·        Award of 41 Dividend Shares from the Deferred Annual Bonus Plan ·        Sale of 41,606 Ordinary Shares of 5p
c)	Price(s) and volume(s): Sale of shares: Price(s) Volume(s) £3.12109 41,606
d)	Aggregated information: (Relates to those shares sold only) Aggregated volume: 41,606 Aggregated price: £3.12109
e)	Date of the transaction: 27/11/2017
f)	Place of the transaction: London Stock Exchange, AIM Market (XLON)

 

 

 

 

 

 

 

 

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Pieter van Hoof
2.	Reason for the notification
a)	Position/status: Senior Manager/PDMR
b)	Initial notification/Amendment: Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:   Advanced Medical Solutions Group plc
b)	LEI: 213800HJP6OWOSZI1L74
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Ordinary Shares of 5p Identification code: GB0004536594
b)	Nature of the transactions: ·        Exercise of 38,450 shares from the Long Term Incentive Plan ·        Exercise of 2,993 shares from the Deferred Annual Bonus Plan ·        Award of 39 Dividend Shares from the Deferred Annual Bonus Plan ·        Exercise of 38,387 shares from the Deferred Share Bonus Plan ·        Sale of 32,810 Ordinary Shares of 5p
c)	Price(s) and volume(s): Sale of shares: Price(s) Volume(s) £3.12109 32,810
d)	Aggregated information: (Relates to those shares sold only) Aggregated volume: 32,810 Aggregated price: £3.12109
e)	Date of the transaction: 27/11/2017
f)	Place of the transaction: London Stock Exchange, AIM Market (XLON)

 

 

 

 

 

 

 

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Jeff Willis
2.	Reason for the notification
a)	Position/status: Senior Manager/PDMR
b)	Initial notification/Amendment: Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:   Advanced Medical Solutions Group plc
b)	LEI: 213800HJP6OWOSZI1L74
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Ordinary Shares of 5p Identification code: GB0004536594
b)	Nature of the transactions: ·        Exercise of 2,437 shares from the Deferred Annual Bonus Plan ·        Award of 32 Dividend Shares from the Deferred Annual Bonus Plan ·        Exercise of 5,617 shares from the Deferred Share Bonus Plan ·        Sale of 12,512 Ordinary Shares of 5p
c)	Price(s) and volume(s): Sale of shares: Price(s) Volume(s) £3.12109 12,512
d)	Aggregated information: (Relates to those shares sold only) Aggregated volume: 12,512 Aggregated price: £3.12109
e)	Date of the transaction: 27/11/2017
f)	Place of the transaction: London Stock Exchange, AIM Market (XLON)

 

-End –

 

 

 

 

 

 

 

 

 

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

 

Advanced Medical Solutions Group plc	Tel: +44 (0) 1606 545508
Chris Meredith, Chief Executive Officer Mary Tavener, Chief Financial Officer
Consilium Strategic Communications	Tel: +44 (0) 20 3709 5700
Mary-Jane Elliott / Matthew Neal / Philippa Gardner / Rosie Phillips	AMS@consilium-comms.com
Investec Bank PLC (NOMAD & Broker)	Tel: +44 (0) 20 7597 5970
Daniel Adams / Gary Clarence / Patrick Robb

 

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 75 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 Group has approximately 600 employees.  For more information, please see www.admedsol.com.