Exercise of Options

RNS Number : 7377D

Alliance Pharma PLC

08 December 2009

 



For Immediate Release                                                                                       8 December 2009

ALLIANCE PHARMA PLC

("Alliance" or "the Company")

Exercise of Options

Alliance Pharma plc (AIM: APH), the speciality pharmaceutical company, announces that following the exercise of options on 7 December 2009, application has been made by Alliance for a further 57,625 ordinary shares of 1 pence each in the Company ("Ordinary Shares") to be admitted to trading AIM. 

It is expected that these new Ordinary Shares, which will rank pari passu in all respects with the existing Ordinary Shares, will be admitted to trading on 11 December 2009.

Following the exercise of these options, Alliance will have 193,319,398 Ordinary Shares in issue.

For further information: 

Alliance Pharma plc	+ 44 (0) 1249 466966
John Dawson, Chief Executive
Richard Wright, Finance Director
www.alliancepharma.co.uk
Buchanan Communications	+ 44 (0) 20 7466 5000
Mark Court / Stasa Filiplic / Jennie Spivey
Numis Securities Limited	+ 44 (0) 20 7260 1000
Nominated Adviser: Michael Meade / Brent Nabbs
Corporate Broking: David Poutney / James Serjeant

Notes to editors

About Alliance Pharma

Alliance Pharma, founded in 1998, is an AIM listed speciality pharmaceutical company based in Chippenham, Wiltshire, UK. The company has a strong track record of acquiring the rights to established niche brands and owns, or licenses, the rights to 37 branded pharmaceutical products and continues to explore opportunities to expand the range.

Alliance Pharma's products are prescribed in the treatment of a wide range of conditions and include brands used in the treatment of dermatological conditions, in childbirth, in the prevention of heart disease, in Parkinson's disease, in nutrition and in nasal infections. Alliance Pharma's sales are mainly prescription driven. Its products are distributed to hospitals directly and to pharmaceutical wholesalers, which service both hospital and retail pharmacies with their prescription requirements.

Alliance Pharma joined the AIM market of the London Stock Exchange in December 2003 and trades under the symbol APH.

 

END

 

 

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