PDMR Shareholding

Sep 16, 2013

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

RNS Number : 0888O
Advanced Medical Solutions Grp PLC
16 September 2013
 



16 September 2013

 

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

Exercise of share options and Directors’ dealings

 

Advanced Medical Solutions Group plc (AIM:AMS), the global medical technology company, today announces that following the successful achievement of certain performance criteria, the following options from certain share incentive schemes have been exercised as outlined below.

To cover in part the exercise cost and the tax payable on this exercise Mary Tavener, Finance Director, has sold Ordinary Shares of 5p each on 13 September 2013 as detailed below.

Long Term Incentive Plan (LTIP)  

Director

No. of LTIPs prior to exercise

LTIPs exercised

Ordinary shares sold

LTIPs after exercise

Mary Tavener, Finance Director

530,049

168,969

168,969

361,080

Deferred Share Bonus Plan (DSB)

Director

No. of DSBs prior to exercise

DSBs exercised

Ordinary shares sold

DSBs after exercise

Mary Tavener, Finance Director

135,488

118,422

118,422

17,066

In addition, Mary Tavener has sold 315,559 ordinary shares of 5p each.

As a result of these transactions Mary Tavener’s beneficial interest in the Company has decreased from 2,088,601 shares to 1,773,042 shares.

Director

Holding prior to exercise

Number of shares exercised

Number of shares sold

Sale Price(p)

Resultant holding

% of issued share capital

Mary Tavener Finance Director

2,088,601

287,391

602,950

85.056p

1,773,042

0.86

For further information:

Advanced Medical Solutions Group plc

Mary Tavener, Group Finance Director +44 (0) 1606 545 508

Investec (NOMAD)

Daniel Adams +44 (0) 20 7597 5970

END


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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