Capital Reconstruction

Advanced Medical Solutions Grp PLC 23 July 2007 For immediate release 23 July 2007 Advanced Medical Solutions Group plc ('AMS' or 'the Company') Capital Reconstruction Reduction of the Company's share capital by the cancellation of its Deferred Shares of 5p each and the cancellation of the Company's share premium account Winsford, UK: Advanced Medical Solutions Group plc (AIM: AMS), the global medical technology company today announces further progress in its Capital Reconstruction that will enable it to pay a dividend in the future should the Board make a recommendation to do so. Further to the announcement of 6 June 2007, the Company announces that the High Court of Justice confirmed the reduction of the Company's share capital by the cancellation of its Deferred Shares of 5p each and the cancellation of the Company's share premium account on 4 July 2007. The reduction and cancellation became effective on 6 July 2007 on the registration by the Registrar of Companies of the court order and of the minute approved by the court setting out the particulars of the Company's share capital as altered by that order by certificate given by the Registrar on 16 July 2007. -- ENDS -- For further information, please contact: Advanced Medical Solutions Group plc +44 (0) 01606 545508 Don Evans (Chief Executive Officer) Mary Tavener (Group Finance Director) www.admedsol.com Buchanan Communications +44 (0) 020 7466 5000 Mark Court/Mary-Jane Johnson Notes to Editors: Advanced Medical Solutions is a UK based company developing and providing leading edge technology to the $15 billion global woundcare market. Founded in 1991 and quoted on AIM, the Company is focused on the design, development, manufacture and sale of advanced woundcare dressings and products for closing wounds and sealing tissue. AMS provides a full range of advanced woundcare products for sale in hospital, nursing home and community care markets. The main indications are for chronic wounds such as ulcers and pressure sores. These products pioneer the concept of moist wound healing to allow wounds to heal faster and with less pain and scarring if they remain moist. They protect the wound, deal with tissue fluids and provide an optimal environment for healing to occur. AMS' resources ensure a unique position as a vertically integrated 'one stop shop' to provide all categories of moist wound healing products. The Company has the capability to move a product from design and development through to production and delivery ready for distribution into customer markets. The acquisition of MedLogic in 2002 has brought AMS products based upon cyanoacrylate adhesive technology which allow the closure of wounds following trauma or surgical incisions, or seal skin to protect against breakdown or wound infection. These products address the emerging tissue adhesives and sealants segment of the wound closure market. AMS' technology and products currently serve the majority of the key global markets and strategic partners. This information is provided by RNS The company news service from the London Stock Exchange
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