RGT 0.93% 53.5¢ argent biopharma limited

Hi your correct as in the bold below, with regard to not getting...

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    Hi your correct as in the bold below, with regard to not getting equivalent of LSE shares why do you think that because A depository interest (DI) is a UK-registered security that allows non-UK shares to be traded and settled in the UK. It's a legal wrapper that's placed around another security, usually non-UK shares, and the DI is traded instead of the underlying security

    Voluntary Delisting From ASX
    Argent BioPharma Limited (ACN 119 122 477) (ASX: RGT) (Company or RGT) wishes to advise that the
    Australian Securities Exchange (ASX) has provided its formal approval for the Company to delist from the
    official list of the ASX (Official List), subject to compliance with the following conditions:
    (a) the Company sending a written or electronic communication in relation to the proposed delisting
    (the Communication) to all holders of ordinary shares (Shares) of the Company (Shareholders), and
    releasing an ASX announcement (in a form and substance satisfactory to ASX) setting out the
    following:
    (i) the nominated time and date at which the Company will be suspended and subsequently
    removed from the ASX official list and that:
    (A) if they wish to sell their Shares on ASX, they will need to do so before then; and
    (B) if they don’t, thereafter they will only be able to sell their depositary interests of the
    Company (Depositary Interests) on-market on the London Stock Exchange (LSE) after
    their Shares are converted to Depositary Interests;
    (ii) the steps they must take to request to convert their Shares to Depositary Interests that are
    able to be traded on LSE;

    (b) the removal of the Company from the ASX official list not taking place any earlier than one month
    after the Communication has been sent to Shareholders;
    (c) the Company applying for its securities to be suspended from quotation at least two (2) business
    days before its proposed removal date; and
    (d) the Company releasing the full terms of ASX’s decision to the market.

 
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