Director/PDMR and PCA Shareholding.


    03 April 2024 00:00:45
  • Source: Sharecast
RNS Number : 0116J
Advanced Medical Solutions Grp PLC
02 April 2024
 

 

2 April 2024

            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 world-leading specialist in tissue-healing technologies, announces that it was notified on 28 March 2024 that on the same day Chris Meredith, who is a Director and PDMR, had sold 40,500 Ordinary Shares of 5p held on his behalf held in the name of Platform Securities Nominees Limited ("Nominee"), at a price of 196.15p per Ordinary Share.

 

On the same day, the Company was also informed that at the same time Individual Savings Accounts ("ISA's") held in the name of Chris Meredith purchased 5,160 Ordinary Shares of 5p, ISA's held in the name of Ingrid Meredith purchased 3,792 Ordinary Shares of 5p, ISA's in the name of Chris Meredith's PCA's purchased 26,472 Ordinary Shares of 5p and that Lifetime Individual Savings Accounts ("LISA's") held in the name of Chris Meredith's PCA's purchased 5,076 Ordinary Shares of 5p, all at a price of 196.2p per Ordinary Share.

 

The number of shares, and the beneficial ownership of the shares, held by Chris Meredith, Ingrid Meredith and his PCA's remains unchanged. These transactions are part of normalised tax planning.

 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: Chris Meredith

2.

Reason for the notification

a)

Position/status: Director

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 5,160 Ordinary Shares of 5p held in the name of the Nominee

·        Purchase of 5,160 Ordinary Shares of 5p into ISA's 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 196.15p per share

5,160

Purchase by ISA's at 196.2p per share

5,160

d)

Aggregated information: (Relates to those shares sold only)

Aggregated volume: 5,160

Aggregated price: 196.15p

e)

Date of the transaction: 28/03/2024

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

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 3,792 Ordinary Shares of 5p held in the name of the Nominee

·        Purchase of 3,792 Ordinary Shares of 5p into ISA's held in the name of Ingrid Meredith

c)

Price(s) and volume(s):

Sale of shares:

Price(s)

Volume(s)

Sale of shares from Nominee holding at 196.15p per share

3,792

Purchase by ISA's at 196.2p per share

3,792

d)

Aggregated information: (Relates to those shares sold only)

Aggregated volume: 3,792

Aggregated price: 196.15p

e)

Date of the transaction: 28/03/2024

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

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 26,472 Ordinary Shares of 5p held in the name of the Nominee

·        Purchase of 26,472 Ordinary Shares of 5p into ISA's held in the name of Chris Meredith's PCA's

c)

Price(s) and volume(s):

Sale of shares:

Price(s)

Volume(s)

Sale of shares from Nominee holding at 196.15p per share

26,472

Purchase by ISA's at 196.2p per share

26,472

d)

Aggregated information: (Relates to those shares sold only)

Aggregated volume: 26,472

Aggregated price: 196.15p

e)

Date of the transaction: 28/03/2024

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

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 5,076 Ordinary Shares of 5p held in the name of the Nominee

·        Purchase of 5,076 Ordinary Shares of 5p into LISA's held in the name of Chris Meredith's PCA's

c)

Price(s) and volume(s):

Sale of shares:

Price(s)

Volume(s)

Sale of shares from Nominee holding at 196.15p per share

5,076

Purchase by LISA's at 196.2p per share

5,076

d)

Aggregated information: (Relates to those shares sold only)

Aggregated volume: 5,076

Aggregated price: 196.15p

e)

Date of the transaction: 28/03/2024

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

Eddie Johnson, Chief Financial Officer

Michael King, Investor Relations



 

ICR Consilium

Tel: +44 (0) 20 3709 5700

Mary-Jane Elliott / Lucy Featherstone

AMS@consilium-comms.com



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 - 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®, 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, 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 900 employees. For more information, please see www.admedsol.com.

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