Member Info for Gist

Tiziana Life Sciences PLC

 

("Tiziana" or "the Company")

 

Notification of proposed admission to the Main Market and cancellation of trading on AIM

 

London, New York, 17 December 2020 - Tiziana Life Sciences plc (Nasdaq: TLSA / AIM: TILS) ("Tiziana" or the "Company"), a biotechnology company focused on innovative therapeutics for oncology, inflammation and infectious diseases, today announces it has applied to list its ordinary shares ("Ordinary Shares") on the standard listing segment of the Official List of the Financial Conduct Authority ("FCA") (the "Official List") and admission to trading on the London Stock Exchange plc's (the "London Stock Exchange") main market ("Main Market") for listed securities (together, "Admission"). The Board has taken this decision as it believes that a standard listing will afford Tiziana greater flexibility in pursuing its strategy as an international company.

Pursuant to AIM Rule 41 of the AIM Rules for Companies, the Company hereby gives notice of the intended cancellation of trading of its Ordinary Shares on the AIM market of the London Stock Exchange ("AIM").

Admission will be through an introduction of the existing Ordinary Shares.  The Company will not be issuing new shares in conjunction with the proposed Admission or the publication of the related prospectus.  It is expected that the Company will publish its prospectus in connection with Admission on 18 December 2020 and it is anticipated that the Ordinary Shares will be admitted to the Official List, commence trading on the Main Market and simultaneously trading will be cancelled on AIM on 21 January 2021 at 07:00 am (being at least 20 business days after this announcement).  The Company's shares will continue to be registered with their existing ISIN number GB00BKWNZY55 and SEDOL number BKWNZY5.  The Company's ticker symbol will continue to be TILS. The process has taken longer than expected due to circumstances beyond the control of the Company.  

The prospectus will, when issued, be made available on the Company's website at www.tizianalifesciences.com, and will be available for inspection at the offices of Orrick, Herrington & Sutcliffe (UK) LLP, 107 Cheapside, London, EC2V 6DN between the hours of 9.30 am and 5.30 pm on any Business Day (subject to current COVID restrictions).

The Company's existing shareholders should consult their own tax advisers as to the tax implications of the Company's proposed move to the Main Market.

Further announcements will be made in due course.

  

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The person who arranged for the release of this announcement on behalf of the Company was Dr Kunwar Shailubhai, Chief Executive Officer and Chief Scientific Officer of the Company.

Good decision Elon.

Price might move before then but I don't expect it to go crazy before the results of Q1 / Q2, I might be wrong.

It's one for the future in my opinion.

Was this on Twitter?

The truth is nothing is planned until Q1/ Q2 next year and if it's a good result, capital raise is required for production in 2023/2024, this is according to the company themself.

Nothing is going to happen over night and the share price might increase or decrease before then, my advice is if you have some funds you are happy to forget about for a while then this is the company for you.

By the way, I have taken my position and I am happy to keep the share until 2023/2024 with the hope I'll reap a big reward along the way.

GLA.

Good job professor1.

Hopefully we get an update from the company soon.

I've never seen a UK stock move over 1200% in a day, maybe someone can prove me wrong.

I followed Greenwich Life (didnt trade) today and the move was amazing, it did close at 900% though.

USA seems to be the place for pharmas.

I have a small position here and I've been following this board for a few weeks now, there seems to be talk of imminent decision on the Indian court case every week and this hasn't happened, while I hope it gets resolved soon there is the possibility we might get disappointed again. As it's been said the big rise in sp with no news might equate to big drops in sp later.

Fingers crossed we wont get disappointed, we get the news and we all make a nice profit from this.

GLA.

Judge Mental, I wont be dragged into any war of words with anyone.

Thanks sir and have a lovely day.

Not just HL, seems like all the big boys are in the same boat.

Burnbb, am waiting for the dust to settle.

I already sold out at AOGL for over 100% profit.

I will buy back here as it's a good investment for long term, I think its prudent to wait and see, my theory (not that I always follow it) is it's better to lose out on some gain than lose.your money.

GL

2 x 4m shares sales at 4p at 8.28am.

That's bad.

Well said Wes Sam, let see what happens when everyone can trade.

The sad thing is it's going down and maybe not been able to trade is a blessing in disguise for those that might have bought at a higher price, time will tell.

Am sure if anyone is looking at the trades so far, its nothing but sell, I haven't seen a single buy.

GL

Attis Oil & Gas Limited ("the Company")

Completion of Amalgamation with Helium One

 

The Company is pleased to announce that, further to its announcement of 25 November 2020, the Amalgamation with Helium One Global Ltd ("Helium One") has now completed and therefore the cancellation of Attis Ordinary Shares to trading on Aim will become effective as 7.00 a.m on 4 December 2020 as previously announced.  It is expected that Admission of the Helium One Shares to trading on AIM will become effective at 8.00am on 4 December 2020.

 

A copy of this announcement will be available on the Company's web site. For further information visit www.attisog.com or contact the following:

This is still a good company to invest in imo but it wont be the get rich quick share some people might be hoping for, it will require a long term hold to get the true reward.

All the best to everyone.

I did some more research and I came across the below, I assume its common knowledge but in case some people are not aware, seems like it wont be until at least 2023/2024 before they start producing and equity raise planned for 2022 if all the results are positive.

"Drill plans

“The listing now is to raise £5 million to mobilise the rotary lie detector,” Minchin said. The company plans to drill in the first or second quarter of 2021.

“It’s great in concept, we just need to make the discoveries. We’ve done all we can now.” The company expects to hold a resource of 138 billion cubic feet at the Rukwa project. “At $280 per mcf, that’s $36 billion.”

Helium One will drill three wells to a maximum depth of 1,200 metres. Each well should take a month to complete and the company is in negotiations with contractors. The company can make savings as a result of the downturn, Minchin noted.

Success at the first wells would see Helium One move into appraisal drilling and 3D seismic, in order to understand trap geology fully. “In 2022, we would be looking for equity for construction and then it would take around a year to build. We could be producing in 2023-24.”

The company would build the $50mn production plant from modular components. The company would export helium as a liquid in an ISO container, via Dar es Salaam."

https://www.energyvoice.com/oilandgas/africa/ep-africa/276757/helium-one-tanzania-aim/

Meant to say.

"I get your argument"

Wes Sam, I've only mentioned PRE once but I get arguments.

Not to sound like a deramper I'll end the conversation here and wish you all the best.

We all agree the company will deliver, our only difference is when to get in and if AOGL price now is a good or bad deal.

Wes Sam, you have a good argument.

Have you now thought of what happens after the rush? The possibility of the SP dropping? Am not saying it will, but just as its mentioned PRE with rare earth actually went below the IPO for some period before rising again.

Friday is almost here, we'll soon find out, all the best with your holdings and to everyone.

Argo, if its Halifax I would expect it to be done automatically, I would also expect them to contact you and let you know of the update.