Holding(s) in Company

Jan 5, 2010

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

RNS Number : 0762F
Advanced Medical Solutions Grp PLC
05 January 2010
 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

  

ADVANCED MEDICAL SOLUTIONS GROUP PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

 X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

 

An event changing the breakdown of voting rights

 

Other (please specify):

  

 

3. Full name of person(s) subject to the notification obligation:

 

HARGREAVE HALE LIMITED

4. Full name of shareholder(s) (if different from 3.):

 DISCRETIONARY CLIENTS

5. Date of the transaction and date on which the threshold is crossed or reached:

 04 JANUARY 2010

6. Date on which issuer notified:

 05 JANUARY 2010

7. Threshold(s) that is/are crossed or reached:

 5%

  

8. Notified details:

A: Voting rights attached to shares

Class/type of

shares


if possible using

the ISIN CODE

Situation previous

to the triggering

transaction

Resulting situation after the triggering transaction

Number

of

Shares

Number

of

Voting

Rights

Number

of shares

Number of voting

rights

% of voting rights

Indirect

Direct

Indirect

Direct

Indirect

 GB0004536594

 7,037,750

 7,037,750

 7,737,750

 

 7,737,750

 

 5.3625%

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial

instrument

Expiration

date

Exercise/ 
Conversion 
Period

Number of voting

rights that may be

acquired if the

instrument is

exercised/ converted.

% of voting

rights

 

 

 

 

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial

instrument

Exercise 
price

Expiration 
date

Exercise/

Conversion 
period

Number of voting 
rights instrument 
refers to

% of voting rights

 

 

 

 

 

Nominal

Delta

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

 7,737,750

 5.3625%

9. Chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held, if applicable:

 

5,300,000 of these shares are unit trusts operated by Marlborough Fund Managers Ltd for who Hargreave Hale Ltd manages the portfolio of investments on a discretionary basis.  The remaining balance is held on behalf of other discretionary clients.

Proxy Voting:

10. Name of the proxy holder:

 

11. Number of voting rights proxy holder will cease to hold:

 

12. Date on which proxy holder will cease to hold voting rights:

 

13. Additional information:

 Holdings percentage based on TVR of 144,294,916

14. Contact name:

 David Clueit

15. Contact telephone number:

 01253 754739


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

END

 
 

HOLUVONRROAARAR

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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