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American Depositary Receipts

American Depositary Receipts

An American Depositary Receipt (ADR) is a negotiable security that represents securities of a non-US company that trades in the U.S. financial markets.

Any non-U.S. company seeking to raise capital in the U.S. or increase its base of U.S. investors can issue ADRs.
ADRs are denominated and pay dividends in US dollars and can be traded like regular shares of stock.

How it works 

Tiziana Life Sciences ADRs represent ten Tiziana Life Sciences ordinary shares. They are listed on NASDAQ, under the symbol [TLSA].
Our ADRs are administered by our depositary bank J.P. Morgan Chase Bank, N.A. (J.P. Morgan).  A depositary bank is a bank in the U.S which oversees all the stock transfer and agency services in connection with a depositary receipt program.
Our ADR program is governed by the deposit agreement filed with the Securities and Exchange Commission (SEC), which is binding upon Tiziana Life Sciences, J.P. Morgan and ADR holders.

Key ADR information

Tiziana Life Sciences Ticker:

TLSA

Exchange:

NASDAQ

Ratio (ORD:DR)

10:1

Structure:

ADR

Type:

Level 3

Sponsored/Unsponsored:

Sponsored

CUSIP:

88875G101

DR ISIN:

US88875G1013

ORD SEDOL:

BKWNZY5

ORD ISIN:

GB00BKWNZY55

Depositary Bank:

J.P. Morgan Chase, N.A.

Local Currency:

GBP 

Status:

Active

Custodian Bank:

J.P. Morgan Chase Bank  (London)

URL: https://www.adr.com/Home?cusip=88875G101 

Our depositary bank

As our depositary bank, J.P. Morgan performs the following roles:

  • Records and maintains the register of ADR holders
  • Is the stock transfer agent
  • Distributes dividends in U.S. dollars
  • Facilitates the voting process for ADR holders at any company General Meeting, if permitted by the company and the deposit agreement
  • Issues and cancels ADRs
  • Can distribute company circulars and General Meetings documentation

For further details, see the deposit agreement.

 

Registered ADR holders and beneficial ADR holders

A registered holder is one whose name appears on the books of the depositary. The registered holder is considered the owner of record.
A beneficial holder is one whose holdings are registered in a name other than their own, such as the name of a broker, bank or nominee.
For holders whose ADRs are held through a nominee account (or ‘street name’), your nominee will occasionally receive company documents from J.P. Morgan. If you wish to receive these documents and exercise your vote through J.P. Morgan at General Meetings, you must make arrangements with your nominee.

Buy and sell ADRs

You can only buy and sell your ADRs through your broker.

Convert ordinary shares into ADRs

You can convert ordinary shares into ADRs through a broker or investment advisor, or directly through J.P. Morgan. Contact J.P. Morgan Bank’s broker services desk on +212 552 8926 or +1 212 552 8942

J.P. Morgan contact details

J.P. Morgan Chase Bank, N.A.
P.O. Box 64504
St. Paul, MN 55164-0504
Overnight Mail:
J.P. Morgan Chase Bank, N.A.
1110 Centre Pointe Curve, Suite 101
Mendota Heights, MN 55120-4100
Tel: +1 800 990 1135 (USA only) 
Tel: +1 651 453 2128 (International)
Email: J.P. Morgan.adr@eq-us.com
Website: www.adr.com/shareholder