Advanced Medical Solutions Grp PLC Director/PDMR Shareholding (2571A)

TIDMAMS

RNS Number : 2571A

Advanced Medical Solutions Grp PLC

22 May 2023

 
   22 May 2023 
 

Advanced Medical Solutions Group plc

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

Director/PDMR Shareholding

Winsford, UK: Advanced Medical Solutions Group plc (AIM: AMS), the world-leading specialist in tissue-healing technologies, announces that the Trust which manages the Share Incentive Plan ("SIP"), previously referred to as the Deferred Share Bonus Plan ("DSB"), on behalf of the employees of AMS has purchased ordinary shares of 5 pence each ("Ordinary Shares"), at a share price of 251.07p on behalf of Chris Meredith and Eddie Johnson, who are both Directors/PDMRs, as part of the SIP and, under the terms of the SIP, these shares will be held in trust on their behalf.

Following these transactions the beneficial ownership of Chris Meredith and Eddie Johnson are as follows:

 
 Director/PDMR       Date purchased    Shares purchased   Resultant   % of issued 
                                        (through SIP)      holding     share capital 
 Chris Meredith 
  Chief Executive 
  Officer            18 May 2023       13,859             1,774,021   0.82% 
                    ================  =================  ==========  =============== 
 Eddie Johnson 
  Chief Financial 
  Officer            18 May 2023       19,968             104,277     0.05% 
                    ================  =================  ==========  =============== 
 

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: Chief Executive Officer 
     --------------------------------------------------------------------- 
 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: 
           *    Purchase of Ordinary Shares as part of the Share 
                Incentive Plan on 18 May 2023 
     --------------------------------------------------------------------- 
 c)   Price(s) and volume(s): 
        Price(s)   Volume(s) 
        251.07p    13,859 
                  ---------- 
     --------------------------------------------------------------------- 
 d)   Aggregated information: 
       Aggregated volume: n/a 
       Aggregated price: n/a 
     --------------------------------------------------------------------- 
 e)   Date of the transaction: 18/05/2023 
     --------------------------------------------------------------------- 
 f)   Place of the transaction: London Stock Exchange (XLON) 
     --------------------------------------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name: Eddie Johnson 
     --------------------------------------------------------------------- 
 2.   Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status: Chief Financial Officer 
     --------------------------------------------------------------------- 
 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: 
           *    Purchase of Ordinary Shares as part of the Share 
                Incentive Plan on 18 May 2023 
     --------------------------------------------------------------------- 
 c)   Price(s) and volume(s): 
        Price(s)   Volume(s) 
        251.07p    19,968 
                  ---------- 
     --------------------------------------------------------------------- 
 d)   Aggregated information: 
       Aggregated volume: n/a 
       Aggregated price: n/a 
     --------------------------------------------------------------------- 
 e)   Date of the transaction: 18/05/2023 
     --------------------------------------------------------------------- 
 f)   Place of the transaction: London Stock Exchange (XLON) 
     --------------------------------------------------------------------- 
 

- Ends -

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

 
 Advanced Medical Solutions Group plc            Tel: [phone] 
                                                            545508 
 Chris Meredith, Chief Executive Officer 
  Eddie Johnson, Chief Financial Officer 
  Michael King, Investor Relations 
 
 Consilium Strategic Communications           Tel: [phone] 
                                                              5700 
 Matthew Neal / Lucy Featherstone          [e-mail] 
 
 Investec Bank PLC (NOMAD & Broker)           Tel: [phone] 
                                                              5970 
 Gary Clarence / David Anderson 
 
 HSBC Bank PLC (Broker)                        Tel: [phone] 
                                                              8888 
 Sam McLennan / Joe Weaving / Stephanie 
  Cornish 
 

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

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(R) , RESORBA(R) , LiquiBandFix8(R) and Seal-G(R) . AMS also supplies wound care dressings such as silver alginates, alginates and foams through its ActivHeal(R) 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, 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 www.admedsol.com .

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May 22, 2023 13:13 ET (17:13 GMT)