16th Sep 2013 13:20
LONDON (Alliance News) - Alliance Pharma PLC Monday said it has applied for 3,728,567 additional shares to be listed on AIM after the company received conversion requests in respect of GBP783,000 of the company's 8% convertible unsecured loan stock.
The pharmaceutical company said it expects the shares to commence trading on September 20.
Alliance Pharma said it would have 255,452,193 ordinary shares and GBP1.8 million of 8% convertible unsecured loan stock in issue following the listing.
Alliance Pharma shares were Monday quoted at 35.75 pence each, up 0.25 pence, or 0.7%.
By Samuel Agini; [email protected]; @samuelagini
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