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.
- Forums
- ASX - By Stock
- DELISTING OUTCOME
Hi your correct as in the bold below, with regard to not getting...
Featured News
Add RGT (ASX) to my watchlist
(20min delay)
|
|||||
Last
53.5¢ |
Change
-0.005(0.93%) |
Mkt cap ! $25.89M |
Open | High | Low | Value | Volume |
51.0¢ | 53.5¢ | 46.0¢ | $43.89K | 90.60K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 36.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
57.5¢ | 214 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 0.360 |
1 | 2000 | 0.350 |
1 | 12000 | 0.340 |
1 | 1885 | 0.290 |
1 | 2200 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.575 | 214 | 1 |
0.580 | 5000 | 1 |
0.590 | 2000 | 1 |
0.650 | 45000 | 1 |
0.700 | 1368 | 1 |
Last trade - 13.02pm 03/10/2024 (20 minute delay) ? |
Featured News
RGT (ASX) Chart |