Full Press Release Details
2019 - Tiziana Life Sciences plc ("Tiziana", AIM: TILS, NASDAQ: TLSA), announces a ratio change to its sponsored Level
I American Depositary Receipt ("ADR") programme.
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 |
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
For further information, please contact:
| JPMorgan Service Centre | ADR Settlements |
| 001 800-990-1135 | 001 302-552-0230 |
| 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 |