TIDMTILS

RNS Number : 6279R

Tiziana Life Sciences PLC

30 October 2019

Tiziana Life Sciences plc

Change to ADS ratio

London, 30 October 2019 - Tiziana Life Sciences plc ("Tiziana", AIM: TILS, NASDAQ: TLSA), announces a ratio change to its sponsored Level I American Depositary Receipt ("ADR") programme.

The former ratio of ten (10) ordinary shares to one (1) American Depositary Share ("ADS") has been changed to five (5) ordinary shares per one (1) ADS effective on 29 October 2019. There will be no change to the underlying ordinary shares.

 
 ADR record date:             21 October 2019 
 ADR payment date:            28 October 2019 
 ADR effective date:          29 October 2019 
 Symbol:                      TLSA 
 Traded:                      NASDAQ 
 CUSIP:                       88875G101 
 Old Ratio:                   1 ADR: 10 ordinary Shares 
 New Ratio:                   1 ADR: 5 ordinary Shares 
 Underlying ISIN:             GB00BKWNZY55 
 Country of incorporation:    United Kingdom 
 Depositary:                  J.P. Morgan Chase Bank, 
                               N.A. 
 Custodian:                   J.P. Morgan Chase Bank, 
                               London 
 

To effect this change, ADR holders will receive one (1) additional ADR for every one (1) ADR held as of 21 October 2019, the ADR record date. Existing ADRs will continue to be valid and will not have to be exchanged for new ADRs. In connection with this change, the register held by JPMorgan has been closed for issuances and cancellations from the close of business 21 October 2019 and will reopen on 31 October 2019.

For further information, please contact:

   JPMorgan Service Centre     ADR Settlements 
   001 800-990-1135                   001 302-552-0230 

Contacts:

 
Tiziana Life Sciences plc 
 Gabriele Cerrone, Chairman and founder   +44 (0)20 7495 2379 
 
Cairn Financial Advisers LLP (Nominated 
 adviser) 
 Liam Murray / Jo Turner                  +44 (0)20 7213 0883 
 
Shore Capital (Nominated brokers) 
 Antonio Bossi                            +44 (0)20 7408 4050 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCEAEEEDASNFFF

(END) Dow Jones Newswires

October 30, 2019 06:31 ET (10:31 GMT)

Tiziana Life Sciences (LSE:TILS)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024 Haga Click aquí para más Gráficas Tiziana Life Sciences.
Tiziana Life Sciences (LSE:TILS)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024 Haga Click aquí para más Gráficas Tiziana Life Sciences.