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Director Dealings

23 Sep 2016 07:00

RNS Number : 6200K
Alliance Pharma PLC
23 September 2016
 

For immediate release

23 September 2016

 

ALLIANCE PHARMA PLC

("Alliance" or the "Company")

 

Director Dealings

 

Alliance Pharma plc (AIM: APH), the specialty pharmaceutical company, was notified on 22 September 2016 that, on the same day, John Dawson, Chief Executive Officer of the Company, sold 3,000,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 45.25 pence per share.

 

Following this transaction, Mr Dawson's total beneficial interest in the Company is 56,576,402 Ordinary Shares, representing approximately 12.0% of the Company's issued share capital.

 

 

For further information:

 

Alliance Pharma plc

+ 44 (0) 1249 466966

John Dawson, Chief Executive Officer

Andrew Franklin, Chief Financial Officer

Sarah Robinson, Company Secretary

www.alliancepharma.co.uk

 

Buchanan

+ 44 (0) 20 7466 5000

Mark Court / Sophie Cowles / Jane Glover

Numis Securities Limited

+ 44 (0) 20 7260 1000

Nominated Adviser: Michael Meade / Freddie Barnfield

Corporate Broking: James Black / Toby Adcock

 

Notes to editors:

 

About Alliance Pharma

Alliance, founded in 1998, is an international speciality pharmaceutical company based in Chippenham, Wiltshire, UK. The Company has sales in more than 100 countries worldwide via direct sales, joint ventures and a network of distributors. Alliance has a strong track record of acquiring the rights to established niche products and it currently owns or licenses the rights to approximately 90 pharmaceutical and consumer healthcare products. The Company continues to explore opportunities to expand its product portfolio.

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

 

 

ANNEX

 

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

John Dawson

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

 

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Alliance Pharma plc

b)

 

LEI

 

 

n/a

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

1p ordinary shares

 

ISIN: GB0031030819

 

b)

 

Nature of the transaction

 

 

Sale

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

45.25

3,000,000

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

Total of 3,000,000 shares at 45.25p

e)

 

Date of the transaction

 

 

22 September 2016

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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