Telix ADSs Commence Trading on Nasdaq
November 13 2024 - 3:28PM
Telix Pharmaceuticals Limited (ASX: TLX; Nasdaq: TLX, Telix, the
Company) announces that its American Depository Shares (ADSs) have
commenced trading on the Nasdaq Global Select Market (Nasdaq) under
the ticker symbol ‘TLX’.
The Company continues to have its primary
listing on ASX, with the Nasdaq listing of ADSs expected to
complement the Company’s ASX listing.
Each ADS represents one fully paid ordinary
share of the Company. Telix has not issued any new shares as part
of the Nasdaq listing. Initial trading of ADSs may be limited as
existing shareholders take time to transition their TLX shares to
ADSs.
JPMorgan Chase Bank. N.A. has been appointed as
the depositary, custodian and registrar for the ADS program.
Dr. Christian Behrenbruch, Managing Director and
Group Chief Executive Officer, Telix, said, “Listing on Nasdaq is
an important milestone and one that will facilitate streamlined
access to Telix shares for a significant portion of our workforce,
and U.S. and global investors. It is an appropriate step given the
growth trajectory of company, leadership position in
radiopharmaceuticals and expanding footprint in North America.”
This announcement does not constitute an offer
to sell or the solicitation of an offer to buy securities in any
jurisdiction, and shall not constitute an offer, solicitation or
sale in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of that jurisdiction.
About Telix
Pharmaceuticals Limited
Telix is a biopharmaceutical company focused on
the development and commercialisation of therapeutic and diagnostic
radiopharmaceuticals and associated medical devices. Telix is
headquartered in Melbourne, Australia, with international
operations in the United States, Europe (Belgium and Switzerland),
and Japan. Telix is developing a portfolio of clinical and
commercial stage products that aims to address significant unmet
medical needs in oncology and rare diseases. Telix is listed on the
Australian Securities Exchange (ASX: TLX) and the Nasdaq Global
Select Market (Nasdaq: TLX).
Telix Investor
Relations
Australia
Ms. Kyahn Williamson Telix Pharmaceuticals
Limited SVP Investor Relations and Corporate
Communications Email: kyahn.williamson@telixpharma.com
United States
Lisa Wilson In-Site
Communications Email: lwilson@insitecony.com
This announcement has been authorised for release by the Telix
Pharmaceuticals Limited Board of Directors.
Legal Notices
You should read this announcement together with
our risk factors, as disclosed in our most recently filed reports
with the Australian Securities Exchange (ASX), U.S. Securities and
Exchange Commission (SEC), including our registration statement on
Form 20-F filed with the SEC, or on our website.
The information contained in this announcement
is not intended to be an offer for subscription, invitation or
recommendation with respect to securities of Telix Pharmaceuticals
Limited (Telix) in any jurisdiction, including the United States.
The information and opinions contained in this announcement are
subject to change without notification. To the maximum extent
permitted by law, Telix disclaims any obligation or undertaking to
update or revise any information or opinions contained in this
announcement, including any forward-looking statements (as referred
to below), whether as a result of new information, future
developments, a change in expectations or assumptions, or
otherwise. No representation or warranty, express or implied, is
made in relation to the accuracy or completeness of the information
contained or opinions expressed in the course of this
announcement.
This announcement may contain forward-looking
statements, including within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995, that relate to
anticipated future events, financial performance, plans, strategies
or business developments. Forward-looking statements can generally
be identified by the use of words such as “may”, “expect”,
“intend”, “plan”, “estimate”, “anticipate”, “believe”, “outlook”,
“forecast” and “guidance”, or the negative of these words or other
similar terms or expressions. Forward-looking statements involve
known and unknown risks, uncertainties and other factors that may
cause our actual results, levels of activity, performance or
achievements to differ materially from any future results, levels
of activity, performance or achievements expressed or implied by
these forward-looking statements. Forward-looking statements are
based on Telix’s good-faith assumptions as to the financial,
market, regulatory and other risks and considerations that exist
and affect Telix’s business and operations in the future and there
can be no assurance that any of the assumptions will prove to be
correct. In the context of Telix’s business, forward-looking
statements may include, but are not limited to, statements about:
the anticipated benefits of Telix’s listing on Nasdaq; the
initiation, timing, progress and results of Telix’s preclinical and
clinical trials, and Telix’s research and development programs;
Telix’s ability to advance product candidates into, enrol and
successfully complete, clinical studies, including multi-national
clinical trials; the timing or likelihood of regulatory filings and
approvals for Telix’s product candidates, manufacturing activities
and product marketing activities; Telix’s sales, marketing and
distribution and manufacturing capabilities and strategies; the
commercialisation of Telix’s product candidates, if or when they
have been approved; Telix’s ability to obtain an adequate supply of
raw materials at reasonable costs for its products and product
candidates; estimates of Telix’s expenses, future revenues and
capital requirements; Telix’s financial performance; developments
relating to Telix’s competitors and industry; and the pricing and
reimbursement of Telix’s product candidates, if and after they have
been approved. Telix’s actual results, performance or achievements
may be materially different from those which may be expressed or
implied by such statements, and the differences may be adverse.
Accordingly, you should not place undue reliance on these
forward-looking statements.
©2024 Telix Pharmaceuticals Limited. The Telix
Pharmaceuticals® name and logo are trademarks of Telix
Pharmaceuticals Limited and its affiliates – all rights
reserved.
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