More than two million ordinary shares in Advanced Medical Solutions Group changed hands through Investec Bank Plc on a single trading day, underscoring active market interest in the company amid a live takeover situation.
Investec (INVP.L, INL.JO) purchased 961,532 ordinary shares in Advanced Medical Solutions Group (AMS.L) on 9th November 2026, while simultaneously selling 1,251,492 shares, generating a net disposal position across the session.
The bank was acting in its capacity as an exempt principal trader with recognised intermediary status, dealing on behalf of clients rather than for its own proprietary book under Rule 8.5 of the Takeover Code.
What makes the disclosure particularly notable is Investec’s dual role in the situation, serving as both financial adviser and joint broker to Advanced Medical Solutions Group Plc itself.
That relationship requires the bank to file public dealing disclosures with a Regulatory Information Service whenever it trades in relevant securities connected to the offer, ensuring full transparency for market participants.
Purchase prices for the 961,532 shares ranged between 282.5p and 283p per unit, a tight band suggesting orderly market conditions during the session on 9th November 2026.
The 1,251,492 shares sold carried a similarly narrow price range, with the lowest transaction recorded at 282.75p and the highest matching the purchase ceiling at 283p per unit.
No derivative activity accompanied the share trades, with the filing confirming that cash-settled instruments, stock-settled derivatives, and options all recorded no transactions for the period.
Investec also confirmed there were no indemnity arrangements, option agreements, or any formal or informal understandings relating to voting rights or future acquisitions tied to the disclosed dealings.
The disclosure was filed on 10th November 2026, the day after the trades were executed, in line with the timeline required under the Takeover Panel’s dealing disclosure framework.
Contact for the filing was listed as Abhishek Gawde, reachable via an India-based telephone number, reflecting Investec’s internationally distributed compliance operations.
The Takeover Panel’s Market Surveillance Unit remains available to advise market participants on disclosure obligations under Rule 8 of the Code, which governs transparency during offer periods.
