PDMR Shareholding

RNS Number : 6515V
Advanced Medical Solutions Grp PLC
06 November 2017


 

6 November 2017

  Advanced Medical Solutions Group plc

(“AMS”, the “Company” or the “Group”)

 

  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 that the Board, following a recommendation from the Remuneration Committee, has granted new share options to the following PDMR under the Advanced Medical Solutions Long Term Incentive Plan (the ‘LTIP’) on 2 November 2017.  The vesting period of these options is subject to certain performance criteria over a three year period.

 

 

PDMR

Options prior to grant

Options granted

Resultant holding

Jeff Willis

122,594

9,308

 

131,902

 

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: Jeff Willis

2.

Reason for the notification

a)

Position/status: 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:

· Grant of 9,308 options under the Advanced Medical Solutions Long Term Incentive Plan on 2 November 2017

c)

Price(s) and volume(s):

Sale of shares:

Price(s)

Volume(s)

n/a

n/a

d)

Aggregated information: (Relates to those shares sold only)

Aggregated volume: n/a

Aggregated price: n/a

e)

Date of the transaction: 02/11/2017

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.

 


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

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