OKYO Pharma Limited ADS Program collapse
May 19 2023 - 2:00AM
RNS Non-Regulatory
TIDMOKYO
OKYO Pharma Limited
19 May 2023
OKYO PHARMA LIMITED
ADS Program collapse - Commencement of trading of new ordinary
shares on The Nasdaq Capital Market
LONDON and NEW YORK, May 19, 2023 -- OKYO Pharma Limited (LSE:
OKYO; NASDAQ: OKYO) hereby announces that following the
implementation of the share capital consolidation and collapse of
its ADS program, it is expected that new OKYO ordinary shares will
be listed on The Nasdaq Capital Market with effect from the opening
of business in New York on Monday May, 22, 2023.
OKYO has been listed on The Nasdaq Capital Market via an ADS
since May 17 2022. OYKO announced its intention to delist from the
London Stock Exchange plc on April 2, 2023 and on May 3, 2023
shareholders passed the necessary resolutions to consolidate its
existing ordinary shares by a 65 into 1 reverse split (thereby
matching the current ADS ratio of 65 ordinary shares comprised in
each ADS). Each new OKYO ordinary share will accordingly represent
65 of the old ordinary shares and be equal to one ADS.
The CUSIP for the new OKYO ordinary shares is G6724L116 and the
ISIN is GG00BMFG5F62.
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END
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May 19, 2023 03:00 ET (07:00 GMT)
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