Advanced Medical Solutions Grp PLC Director/PDMR and PCA Shareholding (4901E)

TIDMAMS

RNS Number : 4901E

Advanced Medical Solutions Grp PLC

18 July 2016

 
   18 July 2016 
 

Advanced Medical Solutions Group plc

("AMS", the "Company" or the "Group")

Director/PDMR and PCA Shareholding

Winsford, UK: Advanced Medical Solutions Group plc (AIM: AMS), a leading developer and manufacturer of advanced products for the global surgical and wound care markets, announces that it was notified on 14 July 2016 that Simon Coates, a Senior Manager and PDMR, had exercised 16,188 Ordinary Shares of 5p from the Deferred Share Bonus Plan, sold 5,768 shares from the total shares exercised (to satisfy income tax/National Insurance liabilities) and transferred 10,420 shares to Angela Coates (Simon Coates's wife). In addition Simon Coates transferred 10,000 shares held in his name to a nominee account.

AMS was also notified that Pieter van Hoof, a Senior Manager and PDMR, had exercised 25,000 Ordinary Shares of 5p from the Long-Term Investment Plan and sold 11,809 shares from the total shares exercised (to satisfy income tax/National Insurance liabilities).

The two notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide 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: Simon Coates 
---  ----------------------------------------------------------------------- 
 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 16,188 Ordinary Shares of 5p from the 
                  Deferred Share Bonus Plan; 
 
 
             *    Sale of 5,768 shares from the total shares exercised 
                  (to satisfy income tax/National Insurance 
                  liabilities); 
 
 
             *    Transfer of 10,420 shares to Angela Coates (Simon 
                  Coates's wife); and 
 
 
             *    Transfer of 10,000 shares to a nominee account. 
---  ----------------------------------------------------------------------- 
 c)   Price(s) and volume(s): 
       Exercise of Deferred Share Bonus Plan: Price(s)             Volume(s) 
       -------------------  ---------- 
        Nil consideration    16,188 
       -------------------  ---------- 
 
       Sale of shares: Price(s)       Volume(s) 
       -------------  ---------- 
        GBP1.983547    5,768 
       -------------  ---------- 
 
       Transfer to Angela Coates: Price(s)             Volume(s) 
       -------------------  ---------- 
        Nil consideration    10,420 
       -------------------  ---------- 
 
       Transfer to a nominee account: Price(s)             Volume(s) 
       -------------------  ---------- 
        Nil consideration    10,000 
       -------------------  ---------- 
---  ----------------------------------------------------------------------- 
 d)   Aggregated information: (Relates to those 
       shares sold only) 
       Aggregated volume: 5,768 
       Aggregated price: GBP1.983547 
---  ----------------------------------------------------------------------- 
 e)   Date of the transaction: 14/07/2016 
---  ----------------------------------------------------------------------- 
 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 transaction: 
             *    Exercise of 25,000 Ordinary Shares of 5p from the 
                  Long-Term Investment Plan; and 
 
 
             *    Sale of 11,809 shares from the total shares exercised 
                  (to satisfy income tax/National Insurance 
                  liabilities). 
---  ------------------------------------------------------------------ 
 c)   Price(s) and volume(s): 
       Exercise of options: Price(s)          Volume(s) 
       ----------------  ---------- 
        GBP1 total 
         consideration    25,000 
       ----------------  ---------- 
 
       Sale of shares: Price(s)       Volume(s) 
       -------------  ---------- 
        GBP1.983547    11,809 
       -------------  ---------- 
---  ------------------------------------------------------------------ 
 d)   Aggregated information: (relates to sale 
       shares only) 
       Aggregated volume: 11,809 
       Aggregated price: GBP1.983547 
---  ------------------------------------------------------------------ 
 e)   Date of the transaction: 14/07/2016 
---  ------------------------------------------------------------------ 
 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                   Tel: +44 (0) 
  plc                                                1606 545508 
 Chris Meredith, Chief Executive 
  Officer 
  Mary Tavener, Group Finance Director 
 
 Consilium Strategic Communications                 Tel: +44 (0) 
                                                    20 3709 5700 
 Mary-Jane Elliott / Jonathan            [e-mail] 
  Birt / Matthew Neal / Hendrik 
  Thys 
 
 Investec Bank PLC (NOMAD & Broker)                 Tel: +44 (0) 
                                                    20 7597 5970 
 Gary Clarence / Daniel Adams 
  / 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(R), LiquiBand(R) and RESORBA(R) 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 510 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

DSHLLFEVDRITLIR

(END) Dow Jones Newswires

July 18, 2016 09:57 ET (13:57 GMT)