Hi FT team,
Tiziana Life Sciences is likely to be undertaking a demerger next month after it’s been approved by shareholders.
They plan to allocate shares in the new company to existing shareholders of TILS and it will also be listed on the AIM.
I’d be very keen to hold shares in the new company, as StemPrintER is the primary reason I invested in TILS to begin with.
Is there an existing process in place for demergers?
Worse case scenario for me would be to receive cash in place of shares in the new company and then have to lobby for the new company to be added to FT.