13th Oct 2005 07:00
Advanced Medical Solutions Grp PLC13 October 2005 Lapse and issue of Executive Share Options Winsford UK: Advanced Medical Solutions, ("AMS" or the "Company"), the globalwoundcare technology company, announces that 750,000 and 375,000 share optionsheld by Don Evans, Chief Executive Officer, and Mary Tavener, Finance Director,respectively, have lapsed as a result of the Company's Share Options Schemeperformance conditions. Following the lapse of these share options, which represent 54.9 per cent. and55.6 per cent. of Don Evans' and Mary Tavener's total holding in share optionsin the Company, the Board granted 1,865,173 new share options to Don Evans and1,348,571 new share options to Mary Tavener under the Advanced Medical SolutionsLong Term Incentive Plan on 12 October 2005. As a consequence, Don Evans andMary Tavener now have an interest in 2,481,839 options and 1,648,571 options,respectively, representing 1.75 per cent. and 1.16 per cent. of the Company'sissued share capital. These new options will be priced at the average market price of 8.75p and aresubject to performance conditions over a three year period to vest. For further information, please contact: Advanced Medical Solutions Group plc Tel : +44 (0) 1606 545508 Don Evans, Chief ExecutiveMary Tavener, Finance Directorwww.admedsol.com Buchanan Communications Tel: +44 (0) 20 7466 5000 Mark Court, Mary-Jane Johnson This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Advanced Medical Solutions Group