RE: latest from TILS24 Dec 2021 08:57
Have written to Interactive investor this morning hopefully get a response from them soon.
Good morning,
You may be aware that Tiziana life sciences formerly U.K. listed have moved to a US listing. They have been delisted in the U.K. and quiet for a long time on what is happening with the transfer of shares to U.K. holders. They have since released this shareholder information pasted below.
If you wish to transfer your shares to a U.S. bank or broker, follow the steps below:
Send a copy of your DRS Statement to your broker.
Your broker will set up what is known as a "DRS Profile" to sweep the shares from Computershare’s account based on the information in the DRS Statement.
Overnight, the shares will automatically sweep out of the Computershare account to your broker.
Your broker will internally allocate the shares to your personal account at that broker.
If you wish to transfer your shares to a non-U.S. bank or broker, follow the steps below:
Send a copy of your DRS statement to your local broker and advise them that they need to set up a "DRS Profile" (and no other type of trade) to "pull" the shares from Computershare in the United States. This is a technical process but given the international nature of securities markets, your broker's settlement agent will understand the required process.
The local broker then must interact with their operations team to properly instruct their U.S. clearing agent to set up a DRS Profile request on their behalf based on the information in the DRS Statement.
Note: The local broker should refer to their U.S. clearing agent for any guidance if they are not clear on the appropriate format of the instruction, as this part of the process is an internal matter.
The U.S. clearing agent will set up a DRS Profile to "pull" your shares from Computershare’s account based on the information in the DRS Statement.
Overnight, your shares will automatically sweep out of the Computershare account to the U.S. clearing agent.
The U.S. clearing agent will internally allocate your shares to the account of your local broker.
Your local broker will internally allocate the shares to your personal account at your broker.
I haven’t received this DRS statement have you received this on my behalf? They add that if you have not received the DRS statement you can do the below:
If you have not received your DRS Statement and you are a certified shareholder or a broker/nominee, please contact us on info@tizianalifesciences.com further assistance. Alternatively, you can contact Computershare directly.
I assume there will be other holders of Tiziana asking the same question in the coming days and weeks. Would you be able to have a look into getting my shares transferred over so I can trade them again.
Thanks for your help