AnorMED announces CEO exercises options to acquire 350,000 common shares
28 Februar 2006 - 2:57AM
PR Newswire (US)
VANCOUVER, Feb. 27 /PRNewswire-FirstCall/ -- Dr. Michael Abrams,
CEO of AnorMED Inc. (AOM: TSX, AOM:AMEX), announced that he has
exercised previously granted options to purchase 350,000 common
shares of AnorMED. Dr. Abrams has exercised the options, with a
strike price of US$2.00, that would have expired January 9, 2007,
to purchase the common shares for the purposes of the upcoming
proxy vote at the Special Shareholder meeting. As a result of this
transaction Dr. Abrams holds 505,000 common shares, or
approximately 1.2% of the outstanding common shares of the Company
(after giving effect to the option exercise). The Special Meeting
of Shareholders will be held on April 11, 2006 in Vancouver, B.C.
The Company's proxy circular will be distributed to all AnorMED
shareholders in March 2006. AnorMED is a chemistry-based
biopharmaceutical company focused on the discovery, development and
commercialization of new therapeutic products in the areas of
hematology, HIV and oncology. The Company has a product in Phase
III development, a product in Phase II development and a research
program focused on a novel class of compounds that target specific
chemokine receptors known to be involved in a variety of diseases
including HIV. Additional information on AnorMED Inc. is available
on the Company's website http://www.anormed.com/. Note: Certain of
the statements contained in this press release may contain
forward-looking statements or forward-looking information within
the meaning of applicable securities laws, including the Ontario
Securities Act, Section 27A of the U.S. Securities Act of 1933 and
Section 21E of the U.S. Securities Exchange Act of 1934. Statements
or information regarding strategy, future operations, future
financial position, future revenues, projected costs, prospects and
plans and objectives of management are forward-looking statements.
The words "anticipates, "believes", "budgets", "could",
"estimates", "expects," "forecasts", "intends", "may", "plans",
"projects", "schedule", "should", "will", "would" and similar
expressions are intended to identify forward-looking statements or
information, although not all forward- looking statements or
information contain these identifying words. Plans, intentions or
expectations disclosed in any forward-looking statements or
information should not be read as guarantees of future results or
events, and will not necessarily be accurate indications of whether
or the times at or by which such results or events will be
achieved. Forward-looking statements or information involve known
and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of the Company, or
industry results, to be materially different from any future
results, performance or achievements expressed or implied by such
forward- looking statements or information. Investors are referred
to the discussion of such risks, uncertainties and other factors in
AnorMED's Final Short Form Prospectus dated December 1, 2005 filed
on SEDAR with Canadian securities regulatory authorities and in
Exhibit 99.1 to AnorMED's Report on Form 6-K filed with the U.S.
Securities and Exchange Commission on December 23, 2005. Except as
required by law, AnorMED expressly disclaims any intention and
undertakes no obligation to update any forward-looking statements
or information as conditions change. For further information: Dr.
Michael Abrams Elisabeth Whiting, M.Sc. President & CEO VP
Corporate Development & Communications Tel: 604-530-1057 Tel:
604-532-4667 E-mail: Cell: 604-763-4682 E-mail: DATASOURCE: AnorMED
Inc. CONTACT: Dr. Michael Abrams, President & CEO, Tel: (604)
530-1057, E-mail: ; Elisabeth Whiting, M.Sc., VP Corporate
Development & Communications, Tel: (604) 532-4667, Cell: (604)
763-4682, E-mail:
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