Following the publication of a Prospectus on April 17, 2019, and final approval by the UK Listing Authority, the Company’s common shares were admitted to the Standard Segment of the Official List of the Financial Conduct Authority, and to trading on the Main Market of the London Stock Exchange (“LSE”) on April 25, 2019 under the ticker symbol VLU.
On April 28, 2022, Valeura announced that it had entered into various agreements to acquire certain assets offshore Thailand. The acquisition constitutes a reverse takeover for the purposes of the Listing Rules of the UK’s regulator, the Financial Conduct Authority, and the Company has requested, in accordance with the Listing Rules, that the listing of the Company’s common shares on the Official List and trading in the Shares on the LSE should be cancelled with effect from 8:00 a.m. UK time on or about July 14, 2022.
The Company’s management continues to believe a listing on a London stock exchange will support Valeura’s long-term strategy and can provide greater access to international investors. Valeura intends to continue to evaluate the merits of re-listing in London and will update shareholders in due course.
The Company’s shares continue to trade on the Toronto Stock Exchange under the ticker symbol VLE. UK-based shareholders are advised to consult the Company’s Share Information web page for information on transferring their interests from the UK to Canada.
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