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Exercise of share options and Directors' dealings

6 Mar 2014 16:50

RNS Number : 7389B
Advanced Medical Solutions Grp PLC
06 March 2014
 



6 March 2014

 

Advanced Medical Solutions Group plc

("AMS" or the the "Company")

 

Exercise of share options and Directors' dealings

 

Winsford, UK:Advanced Medical Solutions Group plc (AIM:AMS), the global medical technology company, today announces that Chris Meredith, Chief Executive Officer, has today sold a total of 643,250 ordinary shares of 5p each ("Ordinary Shares") at 114 pence per share. These shares come from a combination of the exercise of certain share incentive schemes and existing Ordinary Shares. Separately, Mr Meredith's SIPP has today acquired 87,719 Ordinary Shares at 114 pence per share.

 

As a result of these transactions, Mr Meredith's beneficial interest in Ordinary Shares has increased from 1,142,275 to 1,182,938.

 

A summary of Mr Meredith's beneficial interest in Ordinary Shares and Ordinary Shares under incentive schemes is summarised in the table below.

 

 

Number prior to transaction

Number exercised

Shares sold

SIPP purchase

Resultant interest

Ordinary Shares

1,142,275

-

47,056

87,719

1,182,938

Long Term Incentive Plan

1,309,293

514,778

514,778

-

794,515

Deferred Share Bonus Plan

99,325

81,416

81,416

-

17,909

 

- End -

 

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

 

Advanced Medical Solutions Group plc

Tel: +44 (0) 1606 545508

Mary Tavener, Group Finance Director

Investec Bank PLC (NOMAD & Broker)

Tel: +44 (0) 20 7597 5970

Daniel Adams

 

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