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Director/PDMR Shareholding

9 Jun 2017 07:00

RNS Number : 6058H
Advanced Medical Solutions Grp PLC
08 June 2017
 

9 June 2017

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 5 June 2017 that Angela Coates, the wife of Simon Coates who is a Senior Manager and PDMR, had sold 6,000 Ordinary Shares of 5p held in her name on 5 June 2017.

 

Following these transactions the beneficial ownership of Simon Coates is as follows:

 

PDMR

Holding prior to sale

Number of shares sold

Sale price (p)

Resultant holding

% of issued share capital

Simon Coates

79,481

6,000

287.25p

73,481

0.35%

 

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: Angela Coates (the wife of Simon Coates)

2.

Reason for the notification

a)

Position/status: PCA of a 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:

· Sale of 6,000 Ordinary Shares of 5p from shares held by Angela Coates in her own name

c)

Price(s) and volume(s):

Sale of shares:

Price(s)

Volume(s)

£2.8725

6,000

d)

Aggregated information: (Relates to those shares sold only)

Aggregated volume: 6,000

Aggregated price: £2.8725

e)

Date of the transaction: 05/06/2017

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 / Jonathan Birt / Matthew Neal / Hendrik Thys

AMS@consilium-comms.com

Investec Bank PLC (NOMAD & Broker)

Tel: +44 (0) 20 7597 5970

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 and wound care markets, focused on quality outcomes for patients and value for payors. AMS has a wide range of wound care products that include silver alginates, alginates, foams, tissue adhesives, sutures and haemostats, which it sells under white label as well as its own brand ActivHeal®, and surgical tissue adhesives, sutures and haemostats, which markets under its own brands; LiquiBand® and RESORBA®..

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 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
 
END
 
 
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