FAQs: Migration of UK Shares
Information For Shareholders Regarding Migration of UK Shares
Holders of record of shares of Tiziana Life Sciences plc prior to the Company’s migration to Bermuda should refer to the below instructions regarding the process to receive their shares. Please contact Computershare with any questions regarding the process.
If you wish to transfer your shares to a U.S. bank or broker, follow the steps below:
- Send a copy of your DRS Statement to your broker.
- Your broker will set up what is known as a "DRS Profile" to sweep the shares from Computershare’s account based on the information in the DRS Statement.
- Overnight, the shares will automatically sweep out of the Computershare account to your broker.
- Your broker will internally allocate the shares to your personal account at that broker.
If you wish to transfer your shares to a non-U.S. bank or broker, follow the steps below:
- Send a copy of your DRS statement to your local broker and advise them that they need to set up a "DRS Profile" (and no other type of trade) to "pull" the shares from Computershare in the United States. This is a technical process but given the international nature of securities markets, your broker's settlement agent will understand the required process.
- The local broker then must interact with their operations team to properly instruct their U.S. clearing agent to set up a DRS Profile request on their behalf based on the information in the DRS Statement.
Note: The local broker should refer to their U.S. clearing agent for any guidance if they are not clear on the appropriate format of the instruction, as this part of the process is an internal matter. - The U.S. clearing agent will set up a DRS Profile to "pull" your shares from Computershare’s account based on the information in the DRS Statement.
- Overnight, your shares will automatically sweep out of the Computershare account to the U.S. clearing agent.
- The U.S. clearing agent will internally allocate your shares to the account of your local broker.
- Your local broker will internally allocate the shares to your personal account at your broker.
- Send a copy of the DRS Statement to your US clearing agent and advise them that a DRS Profile (and no other type of trade) should be set up to pull the shares from Computershare in the United States.
- You must interact internally with their operations team to properly instruct their U.S. clearing agent to set up a DRS Profile request on their behalf based on the information in the DRS Statement. This will generally include the customer registration name, Computershare account number, and total number of shares. You will need to communicate internally to their U.S. clearing agent for any guidance if they are not clear on the appropriate format of the instruction, as this part of the process is an internal matter.
- The U.S. clearing agent will set up a DRS Profile on behalf of the UK broker to sweep the shares from Computershare’s account based on the information in the DRS Statement.
- Overnight, the shares will automatically sweep out of the Computershare account to the U.S. clearing agent.
- The U.S. clearing agent will internally allocate the shares to the account of their customer, the UK broker
- You will then internally allocate the shares at their firm to the custody positions of their underlying customers upon receipt of the shares.
If you have not received your DRS Statement and you are a certified shareholder or a broker/nominee, please contact us on info@tizianalifesciences.com further assistance. Alternatively, you can contact Computershare directly.
TLSA shares will not show up in your account unless the broker has taken the appropriate action via the DTCC Clearing system.
If your shares are not showing in your account with your broker, please contact your broker directly.
You, together with your broker, should contact Computershare with any questions on transferring your shares. You can contact Computershare by:
Calling: +1 (877) 373-6374 (US, Canada, Puerto Rico) or +1 (781) 575-3100 (non-US);
Emailing: web.queries@computershare.com; or
Writing to: Computershare, PO Box 43006, Providence, RI 02940-3006 USA.
Broker hotline: 1-866-690-8162 (toll free) or 1-781-575-4019 (toll-for banks/brokers outside the US)
The website for investors to access the investor center is: www.computershare.com/investor
The telephone line for general shareholder inquiries is:
800-736-3001 (toll free)
781-575-311 (toll outside of US)