RE: What does this mean21 Sep 2020 10:50
Well it means you have to convert to American Depository Shares if you want to continue to hold and sell when it makes sense to do so. (8 CREST shares to one ADS.)
You'll need to talk to your broker and check if they'll do that for you. If you have paper share certificates , I'd imagine contact your broker again.
If you just keep your current shares, you won't have a way to sell them because they won't be listed on AIM any more. To be honest, I don't blame the company. They are a US company now and NASDAQ is a better market which values early stage pharma companies much more fairly. But, VRP AIM holders are seriously inconvenienced now.
There is a deadline here: 20 business days. You can only convert to ADSs while VRP is still listed on AIM.