Alere Inc. (NYSE: ALR), a global leader in enabling individuals to take charge of their health at home through the merger of rapid diagnostics and health management, announced today that it has made additional open market purchases of 2,091,764 shares of Axis-Shield stock, bringing its total current ownership position to 3,204,995 shares, or approximately 6.4%, of Axis-Shield's issued and outstanding ordinary share capital. The additional shares were purchased at a weighted average price per share of 458.12 pence, and at prices per share ranging from 444.75 pence to 460.00 pence. On August 5, Alere announced an offer to acquire all of the issued and to be issued share capital of Axis-Shield, whose shares are traded on the main market of the London Stock Exchange and on the Oslo Bors, for 460 pence per share
The complete announcement of the additional open market purchases was made through the Regulatory News Service of the London Stock Exchange pursuant to UK regulatory and legal requirements. A copy of the regulatory announcement can be found on the Alere website, http://www.alere.com, and the website of the London Stock Exchange, www.londonstockexchange.com.