TIDMAMS

RNS Number : 6473V

Advanced Medical Solutions Grp PLC

19 April 2016

19 April 2016

Advanced Medical Solutions Group plc

("AMS" or the "Group")

Directors' Shareholdings

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 the Board, following a recommendation from the Remuneration Committee, has granted new share options to the following Directors under the Advanced Medical Solutions Long Term Incentive Plan (the 'LTIP') on 18 April 2016. The vesting period of these options is subject to certain performance criteria over a three year period.

 
 Director            Options prior   Options granted   Resultant 
                      to grant                          holding 
==================  ==============  ================  ========== 
 Chris Meredith 
  Chief Executive 
  Officer            938,439         143,553           1,081,992 
==================  ==============  ================  ========== 
 Mary Tavener 
  Chief Financial 
  Officer            568,155         111,050           679,205 
==================  ==============  ================  ==========

Advanced Medical Solutions Group plc also announces that on 18 April 2016, the Board, following a recommendation from the Remuneration Committee, granted new share options to the following Directors under the Advanced Medical Solutions Deferred Annual Bonus Plan (the '2014 DAB').

This award is in respect of the part of their bonus that the Directors are compulsorily required to defer for the 2015 financial year. These options vest at the end of three years.

 
 Director            Options prior   Options granted   Resultant 
                      to grant                          holding 
==================  ==============  ================  ========== 
 Chris Meredith 
  Chief Executive 
  Officer            49,580          32,638            82,218 
==================  ==============  ================  ========== 
 Mary Tavener 
  Chief Financial 
  Officer            36,538          21,332            57,870 
==================  ==============  ================  ========== 
 
   -     Ends -

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

 
 Advanced Medical Solutions Group         Tel: +44 (0) 
  plc                                      1606 545508 
 Chris Meredith, Chief Executive 
  Officer 
  Mary Tavener, Group Finance Director 
 
 Consilium Strategic Communications       Tel: +44 (0) 
                                          20 3709 5700 
 Mary-Jane Elliott / Jonathan 
  Birt / Matthew Neal / Hendrik 
  Thys 
 
 Investec Bank PLC (NOMAD & Broker)       Tel: +44 (0) 
                                          20 7597 5970 
 Gary Clarence / Daniel Adams 
  / Patrick Robb

About Advanced Medical Solutions Group plc

AMS is a world-leading independent developer and manufacturer of innovative and technologically advanced products for the global surgical, wound care and wound closure markets, focused on quality outcomes for patients and value for payors. AMS has a wide range of products that include silver alginates, alginates, foams, tissue adhesives, sutures and haemostats, which it markets under its brands; ActivHeal(R), LiquiBand(R) and RESORBA(R) as well as supplying under white label.

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 510 employees. For more information please see www.admedsol.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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April 19, 2016 05:58 ET (09:58 GMT)

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