Summit Therapeutics plc Aim Delisting Reminder
February 11 2020 - 5:00AM
UK Regulatory
TIDMSUMM
Summit Therapeutics plc
("Summit Therapeutics" or the "Company")
AIM Delisting Reminder
Oxford, UK, and Cambridge, MA, US, 11 February 2020 - Summit
Therapeutics (AIM: SUMM, NASDAQ: SMMT), a leader in antibiotic
innovation, issues a reminder that, as previously announced and pursuant
to AIM Rule 41, the Company's ordinary shares of one penny nominal value
("Ordinary Shares") will cease to be admitted to trading on AIM at 7.00
am on 24 February 2020. Accordingly, the final day of trading on AIM of
the Company's Ordinary Shares will be 21 February 2020.
The Company's American Depositary Shares ("ADSs") will remain listed on
the Nasdaq Global Market and all public trading of shares in the Company
after that date will take place on that exchange; one ADS is represented
by five Ordinary Shares. Thereafter, Ordinary Shares will continue to be
capable of being held and transferred in certificated form, but there
will be no public market in the UK on which the shareholders of the
Company will be able to trade Ordinary Shares.
Shareholder are able to convert Ordinary Shares into ADSs and by doing,
are able to trade such ADSs on Nasdaq. Further information can be found
on the Company's website at
https://www.globenewswire.com/Tracker?data=AGgU9xWMPIIp2PyRKw9V14P5mZd4Rhd7ifPIIOQKOkqYsiTzpWQNNJ3pipCN_IZwnoAKie-x49moRt6rzXwcL765pSaaolZu4Xi5rrnYI1TseBdhW28O8cVOYH3l7s777v1nYFbI87QK58Pjdam0rF03FPcG_WPuMvLbskTVwpA=
https://www.summitplc.com/investors/investor-centre/ under the heading
"AIM Delisting FAQs".
About Summit Therapeutics
Summit Therapeutics is a leader in antibiotic innovation. Our new
mechanism antibiotics are designed to become the new standards of care
for the benefit of patients and create value for payors and healthcare
providers. We are currently developing new mechanism antibiotics to
treat infections caused by C. difficile, Enterobacteriaceae and N.
gonorrhoeae, and are using our proprietary Discuva Platform to expand
our pipeline. For more information, visit www.summitplc.com and follow
us on Twitter @summitplc.
For more information, please contact:
Summit
Glyn Edwards / Richard Pye (UK office) Tel: 44 (0)1235 443 951
Michelle Avery (US office) +1 617 225 4455
Cairn Financial Advisers LLP (Nominated Adviser) Tel: +44 (0)20 7213 0880
Liam Murray / Tony Rawlinson / Ludovico Lazzaretti
-END-
(END) Dow Jones Newswires
February 11, 2020 05:00 ET (10:00 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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