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Share Options

7 Dec 2015 07:00

RNS Number : 1204I
Alliance Pharma PLC
07 December 2015
 

7 December 2015

 

 

ALLIANCE PHARMA PLC

("Alliance" or the "Company")

 

Share Options

 

Alliance Pharma plc (AIM: APH), the speciality pharmaceutical company, announces that on 4th December 2015 it awarded 2,000,000 share options to Andrew Franklin, the Chief Financial Officer (the "Options"). The Options have an exercise price of 46.75p and vest on 4th December 2018 subject to the achievement of certain performance conditions. The Options represent 0.76% of the current issued ordinary share capital of the Company and will represent 0.43% of the enlarged issued share capital (assuming the maximum number of shares are issued under the Placing and Placing Option announced on 26th November 2015).

 

 

For further information:

 

Alliance Pharma plc

+ 44 (0) 1249 466966

John Dawson, Chief Executive

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: David Poutney / James Black

 

 

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 60 pharmaceutical products and continues to explore opportunities to expand the range.

 

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

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