Exercise of share options and Directors' dealings

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

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

Advanced Medical Solutions Group plc	Tel: [phone]
Mary Tavener, Group Finance Director
Investec Bank PLC (NOMAD & Broker)	Tel: [phone]
Daniel Adams

 

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