Tiziana Life Sciences plc - ADS Ex-Dividend Date Scheduled for July 09, 2021
Tiziana Life Sciences (Nasdaq: TLSA) announced its ADS will trade ex-dividend from July 9, 2021. The non-cash dividend will consist of one Accustem Sciences Limited ADS, equivalent to two ordinary shares, for each TLSA ADS held. Payment of the dividend is scheduled for July 14, 2021. Shareholders who acquired TLSA ADS before the ex-dividend date are eligible for this dividend. For more details, refer to JP Morgan's notice.
- Non-cash dividend of Accustem Sciences Limited ADS enhances shareholder value.
- Encourages continued investment in TLSA by rewarding existing shareholders.
- None.
THIS ANNOUNCEMENT IS FOR US ADS HOLDERS ONLY
NEW YORK, July 08, 2021 (GLOBE NEWSWIRE) -- Tiziana Life Sciences plc (Nasdaq: TLSA) ("Tiziana" or the "Company"), a biotechnology company focused on innovative therapeutics for oncology, inflammation and infectious diseases, today announces that its American Depository Shares (“ADS”), trading under the ticker TLSA, will begin trading ex-dividend on July 09, 2021.
The non-cash dividend, in the form of an in-specie dividend of one Accustem Sciences Limited ADS (representing 2 ordinary shares in Accustem Sciences Limited) per TLSA ADS, is scheduled to be paid on July 14, 2021.
Shareholders who purchased TLSA prior to the ex-dividend date are eligible for the non-cash dividend.
Holders of TLSA should also refer to the notice published by JP Morgan, the ADR depositary bank which can be found at https://www.adr.com/drprofile/88875G101
| For further enquiries: United Kingdom: | |
| Tiziana Life Sciences plc Gabriele Cerrone, Chairman and founder | +44 (0)20 7495 2379 |
| United States: Investors: Dave Gentry, CEO RedChip Companies Inc. 1-800-RED-CHIP (733-2447) or 407-491-4498 dave@redchip.com |
FAQ
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