Clinical Development Programme

RNS Number : 8186I
Advanced Medical Solutions Grp PLC
06 April 2020


6 April 2020

  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), the surgical and advanced wound care specialist company, announces that it was notified on 3 April 2020 that on the same day Chris Meredith, who is a Director and PDMR, had sold 10,000 Ordinary Shares of 5p held on his behalf and 7,500 Ordinary Shares of 5p held on behalf of his PCAs in the name of Platform Securities Nominees Limited (“Nominee”) at a price of 235p per Ordinary Share.

 

The Company was also informed that at the same time Individual Savings Accounts (“ISAs”) held in the name of Chris Meredith purchased 4,500 Ordinary Shares of 5p at a price of 235p per Ordinary Share, ISAs held in the name of Chris Meredith’s PCAs purchased 4,500 Ordinary Shares of 5p at a price of 235p per Ordinary Share, and that Lifetime Individual Savings Accounts (“LISAs”) held in the name of Chris Meredith’s PCAs purchased 8,500 Ordinary Shares of 5p at a price of 235p per Ordinary Share. 

 

The number of shares, and the beneficial ownership of the shares, held by Chris Meredith and his PCAs remains unchanged. These transactions are part of normal tax planning.

 

The transactions are summarised below:

 

 

Director

Number of Ordinary Shares sold from Nominee

Price per Ordinary Share sold

Number of Ordinary Shares purchased by ISAs

Price paid per Ordinary Share by ISAs

Number of Ordinary Shares purchased by ISAs

Price paid per Ordinary Share by ISAs

Number of Ordinary Shares purchased by LISAs

Price paid per Ordinary Share by LISAs

Chris Meredith

4,500

235p

4,500

235p

Chris Meredith

4,500

235p

4,500

235p

Chris Meredith

8,500

235p

8,500

235p

 

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: Director/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:

· Sale of 4,500 Ordinary Shares of 5p held in the name of the Nominee

· Purchase of 4,500 Ordinary Shares of 5p by an ISA held in the name of Chris Meredith

c)

Price(s) and volume(s):

Sale of shares:

Price(s)

Volume(s)

Sale of shares from Nominee holding at 235p per share

4,500

Purchase by ISA at 235p per share

4,500

d)

Aggregated information: (Relates to those shares sold only)

Aggregated volume: 4,500

Aggregated price: 235p

e)

Date of the transaction: 03/04/2020

f)

Place of the transaction: London Stock Exchange, AIM Market (XLON)

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: Chris Meredith

2.

Reason for the notification

a)

Position/status: Director/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:

· Sale of 4,500 Ordinary Shares of 5p held in the name of the Nominee

· Purchase of 4,500 Ordinary Shares of 5p into ISAs held in the name of Chris Meredith’s PCAs

c)

Price(s) and volume(s):

Sale of shares:

Price(s)

Volume(s)

Sale of shares from Nominee holding at 235p per share

4,500

Purchase by ISA’s at 235p per share

4,500

d)

Aggregated information: (Relates to those shares sold only)

Aggregated volume: 4,500

Aggregated price: 235p

e)

Date of the transaction: 03/04/2020

f)

Place of the transaction: London Stock Exchange, AIM Market (XLON)

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: Chris Meredith

2.

Reason for the notification

a)

Position/status: Director/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:

· Sale of 8,500 Ordinary Shares of 5p held in the name of the Nominee

· Purchase of 8,500 Ordinary Shares of 5p into a LISAs held in the name of Chris Meredith’s PCAs

c)

Price(s) and volume(s):

Sale of shares:

Price(s)

Volume(s)

Sale of shares from Nominee holding at 235p per share

8,500

Purchase by LISAs at 235p per share

8,500

d)

Aggregated information: (Relates to those shares sold only)

Aggregated volume: 8,500

Aggregated price: 235p

e)

Date of the transaction: 03/04/2020

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 and woundcare markets, focused on quality outcomes for patients and value for payers. AMS has a wide range of surgical products including tissue adhesives, sutures, haemostats, and internal fixation devices, which it markets under its brands LiquiBand®, RESORBA®, and LiquiBand® Fix8TM. AMS also supplies wound care dressings such as silver alginates, alginates and foams through its ActivHeal® brand as well as under white label. In 2019, the Group made two acquisitions: Sealantis, an Israeli medical device company with a patent-protected sealant technology platform; and Biomatlante, an established developer and manufacturer of innovative surgical biomaterial technologies based in France.

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, Germany, France and Israel. Established in 1991, the Group has more than 700 employees. For more information, please see www.admedsol.com.


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