TyraTech, Inc. Migration of Shares (0291G)
May 31 2013 - 6:43AM
UK Regulatory
TIDMTYR TIDMTYRU
RNS Number : 0291G
TyraTech, Inc.
31 May 2013
31 May 2013
TYRATECH, INC.
("TyraTech" or the "Company")
Migration of Shares
TyraTech, Inc. (AIM: TYR and TYRU), a natural life sciences
company, announces that 24,122,360 common shares in the Company on
its restricted "TYR" trading line have now migrated to its
unrestricted trading line "TYRU".
Following the migration of these shares, the Company will
continue to have a total of 168,776,305 common shares admitted to
AIM (excluding those shares admitted and not allotted under the
blocklisting announced on 25 February 2011), of which 117,352,576
will continue to trade under the symbol "TYR" in a restricted
manner as permitted by Regulation S of the U.S. Securities Act of
1993 (the "Securities Act") and 51,423,729 will trade under the
symbol "TYRU" in an unrestricted manner pursuant to an exemption
provided under the Securities Act. CREST settlement will not be
available for trades in "TYR" shares.
In addition, the Company holds 1,084,413 common shares in
treasury.
Where there is sufficient demand from shareholders with eligible
shares to transfer shares from the restricted to the unrestricted
line of trading, the Company may look to carry out further share
migrations. In order to participate in such migrations,
shareholders should complete the Letter of Transmittal (for
eligible shareholders with restricted shares) and return it with
their current restricted share certificates to the Company's
transfer agent (Computershare Investor Services (Jersey) Limited,
Queensway House, Hilgrove Street, St Helier, Jersey, JE1 1ES).
The Letter of Transmittal is available on the Company's website,
www.tyratech.com. Also available on the website is a
dematerialisation form for shareholders with unrestricted paper
shares who wish to transfer to CREST.
Shares will only be migrated to the unrestricted line if they
are eligible to do so. Further details regarding eligibility can be
found in the Letter of Transmittal.
For further information please contact:
TyraTech Inc.
Alan Reade, Executive Chairman
Tel: +1 919 415 4310
Bruno Jactel, Chief Executive Officer
Tel: +1 919 415 4340
N+1 Singer, Nominated Adviser and Joint Broker
Aubrey Powell / Alex Wright
Tel: +44 20 7496 3000
First Columbus LLP, Joint Broker
Chris Crawford
Tel: +44 20 3002 2070
Walbrook, Financial PR and IR
Bob Huxford/ Paul Cornelius
Tel + 44 20 7933 8792
This information is provided by RNS
The company news service from the London Stock Exchange
END
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