REG - Argent Biopharma Ltd - ASX Delisting Update

Argent BioPharmaAnnouncement

23/09/2024 07:30

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RNS Number : 2047F  Argent Biopharma Limited  23 September 2024

 

23 September 2024

 

Argent BioPharma Ltd.

(Argent BioPharma or the Company)

 

Delisting Update

 

Argent BioPharma, an innovative multidisciplinary drug discovery company
within the biopharmaceutical sector, provides the following update regarding
its proposed delisting from the Australian Securities Exchange (ASX).

 

The Company wishes to remind shareholders that it will be holding a
shareholder vote at 4:00 PM (AWST) on Tuesday, 1 October 2024, at Suite 1, 295
Rokeby Road, Subiaco WA 6008 to allow shareholders to vote (amongst other
things) on its proposed delisting from the ASX. Any proposed delisting from
the ASX is conditional on, amongst other things, shareholder approval.

 

To remain eligible to be listed on the London Stock Exchange's Main Market and
the Financial Conduct Authority's (FCA) Official List in the event of a
delisting from the ASX, application must be made to, and approved by, the FCA
to transfer the Company's listing category on the Official List in accordance
with the UK Listing Rules (Application). The Company is currently listed on
the equity shares (international commercial companies secondary listing)
category of the FCA's Official List, but prior to any delisting from ASX, the
Company intends to apply to move its listing to the equity shares (commercial
companies) category (ESCC) of the FCA's Official List. There are a number of
prerequisites and eligibility requirements that will need to be met for an
Application to be approved, one being the appointment of a Sponsor, and
following any such transfer the Company would be subject to additional
disclosure and corporate governance obligations. There can be no guarantee
whether or when an Application to transfer listing category will be approved,
in which case there is no guarantee that the Company will delist from the ASX,
notwithstanding whether shareholder approval is given. The Company will not
delist from the ASX without such approval of the Application to transfer to
the ESCC.

 

 

-Ends-

 

 

Authorised for release by the board of directors, for further information
please contact:

 

 Argent BioPharma                                             Argent BioPharma

 Roby Zomer                                                   Rowan Harland

 CEO & Managing Director                                      Company Secretary

 +61 8 6555 2950                                              +61 8 6555 2950

 info@argentbiopharma.com (mailto:info@argentbiopharma.com)   info@argentbiopharma.co (mailto:info@argentbiopharma.co.uk) m

 

 

About Argent BioPharma

 

Argent BioPharma Limited (the "Company") (ASX: RGT; LSE: RGT; OTCQB: RGTLF) an
innovative multidisciplinary drug development Company within the
biopharmaceutical sector.  The Company focuses on multidisciplinary methods
with Nanotechnology, developing multi-target therapies for comprehensive
disease management, especially concerning the central nervous system ("CNS")
and Immunology treatments.

 

Follow us through our social media channels:

LinkedIn: Argent BioPharma

Twitter: @ArgentBioPharma

Facebook: Argent BioPharma

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