Director/PDMR and PCA Shareholding

RNS Number : 3734U

Advanced Medical Solutions Grp PLC

27 March 2023

 

27 March 2023

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 23 March 2023 that on the same day Chris Meredith, who is a Director and PDMR, had sold 35,900 Ordinary Shares of 5p held on his behalf and 8,200 Ordinary Shares of 5p held on behalf of Ingrid Meredith, a PCA of Chris Meredith, both in the name of Platform Securities Nominees Limited ("Nominee"), at a price of 225.5p 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 8,800 Ordinary Shares of 5p, ISA's held in the name of Ingrid Meredith purchased 8,200 Ordinary Shares of 5p, ISA's in the name of Chris Meredith's PCA'spurchased22,700Ordinary Shares of 5p and that Lifetime Individual Savings Accounts ("LISA's") held in the name of Chris Meredith's PCA's purchased 4,400 Ordinary Shares of 5p, all at a price of 225.6p 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 8,800 Ordinary Shares of 5p held in the name of the Nominee · Purchase of 8,800 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 225.5p per share	8,800
		Purchase by ISA's at 225.6p per share	8,800
d)	Aggregated information: (Relates to those shares sold only) Aggregated volume: 8,800 Aggregated price: 225.5p
e)	Date of the transaction: 23/03/2023
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 22,700 Ordinary Shares of 5p held in the name of the Nominee

	· Purchase of 22,700 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 225.5p per share	22,700
		Purchase by ISA's at 225.6p per share	22,700
d)	Aggregated information: (Relates to those shares sold only) Aggregated volume: 22,700 Aggregated price: 225.5p
e)	Date of the transaction: 23/03/2023
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 4,400 Ordinary Shares of 5p held in the name of the Nominee · Purchase of 4,400 Ordinary Shares of 5p into a 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 225.5p per share	4,400
		Purchase by LISA's at 225.6p per share	4,400
d)	Aggregated information: (Relates to those shares sold only) Aggregated volume: 4,400 Aggregated price: 225.5p
e)	Date of the transaction: 23/03/2023
f)	Place of the transaction: London Stock Exchange, AIM Market (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Ingrid Meredith
2.	Reason for the notification
a)	Position/status: PCA to Chris Meredith, 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 8,200 Ordinary Shares of 5p held in the name of the Ingrid Meredith · Purchase of 8,200 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 225.5p per share	8,200
		Purchase by ISA's at 225.6p per share	8,200
d)	Aggregated information: (Relates to those shares sold only) Aggregated volume: 8,200 Aggregated price: 225.5p
e)	Date of the transaction: 23/03/2023
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: [phone] Chris Meredith, Chief Executive Officer

Eddie Johnson, Chief Financial Officer Michael King, Investor Relations

Consilium Strategic Communications  Tel: [phone] Matthew Neal / Lucy Featherstone  [e-mail]

Investec Bank PLC (NOMAD & Broker)  Tel: [phone] Gary Clarence / David Anderson

HSBC Bank PLC (Broker)  Tel: [phone]

Sam McLennan / Joe Weaving / Stephanie Cornish

About Advanced Medical Solutions Group plc - seewww.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 800 employees. For more information, please see www.admedsol.com.

 

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