Major Interest in Shares

RNS Number : 8202O

Alliance Pharma PLC

05 July 2010

 



For immediate release

5 July 2010

 

ALLIANCE PHARMA PLC

("Alliance" or the "Company")

Major interest in shares

Alliance Pharma plc (AIM: APH), the speciality pharmaceutical company, was today informed that Nigel Wray purchased, on 2 July 2010, 1,900,000 ordinary shares of 1p each in the Company. 

Mr Wray's resultant shareholding is 27,969,995 ordinary shares, equivalent to 12.03% of the Company's issued share capital.

Mr Wray's ordinary shares are held as follows:

Nominee	Number of ordinary shares
Pershing Nominees Limited Smith & Williamson Nominees Limited Roy Nominees Limited	9,405,407 50,000 18,514,588

For further information:

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

Notes to editors:

About Alliance

Alliance, 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 products and owns or licenses the rights to more than 50 pharmaceutical products and continues to explore opportunities to expand the range.

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

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

 

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