2nd Sep 2015 07:00
TyraTech, Inc.
("TyraTech" or the "Company")
Migration of shares and new restricted DI line
TyraTech, Inc. (AIM: TYR and TYRU), a life sciences company focusing on nature-derived insect and parasite control products, announces that following its announcement on 6 August 2015, 24,231,656 common shares in the Company on its existing restricted "TYR" trading line (the "Existing Restricted Line") have migrated to its unrestricted trading line "TYRU" (the "Migration").
In addition, 114,344,566 common shares in the Company have been transferred from the Existing Restricted Line onto the new Regulation (EU) No. 909/2014 compliant restricted line (the "New Restricted DI Line") (the "Transfer"). No shares remain on the Existing Restricted Line following the completion of the Transfer and as of 1 September 2015 the Existing Restricted Line ceased trading.
Following completion of the Migration and Transfer, the Company will continue to have a total of 262,333,111 common shares admitted to AIM (excluding those shares admitted and not allotted under the blocklisting announced on 25 February 2011), of which 114,344,566 will trade under the symbol "TYR" in a restricted manner as permitted by Regulation S of the US Securities Act of 1993 (the "Securities Act") and 147,988,545 will trade under the symbol "TYRU" in an unrestricted manner pursuant to an exemption provided under the Securities Act. CREST settlement will now be available for trades in "TYR" shares for those shareholders who have dematerialised their shares. The Company holds 1,084,413 common shares in treasury and these treasury shares have been transferred onto the New Restricted DI Line.
TyraTech Inc.Alan Reade, Non-Executive ChairmanBruno Jactel, Chief Executive Officer
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Tel: +1 919 415 4340
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SPARK Advisory Partners Limited, Nominated Adviser Matt Davis / Mark Brady
| Tel: +44203 368 3551 Tel: +44203 368 3552
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Allenby Capital Limited , Joint BrokerChris Crawford |
Tel: +44 20 3328 5656 |
Whitman Howard Limited, Joint BrokerRanald Mc-Gregor Smith / Niall Devins |
Tel: +44 20 7659 1240
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Walbrook, Financial PR and IRNick Rome /Guy McDougall |
Tel: +44 20 7933 8790 |
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