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Friday, September 18, 2020

Equity Corporate Actions Alert #2020 - 166
Information Regarding the Redomestication via Scheme of Arrangement for Summit Therapeutics plc ADS (SMMT)

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  • Industry Announcement

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Shareholders of Summit Therapeutics plc approved a re-domestication from the UK to Delaware, USA via a Scheme of Arrangement. As a result, each American Depositary Share of Summit Therapeutics plc (SMMT) will be converted into one (1) share of Common Stock of the newly formed Delaware corporation, Summit Therapeutics Inc. The ticker symbol will remain SMMT.

The details are as follows:

Current Company Name/Description: Summit Therapeutics plc American Depositary Shares
New Company Name/Description: Summit Therapeutics Inc. Common Stock
Current CUSIP: 86627R102
New CUSIP: 86627T108
Symbol: SMMT
Ratio of Exchange: One (1) share of Common Stock for each ADS held.
Marketplace Effective Date: Monday, September 21, 2020

If you would like to register as a market maker in SMMT, contact Nasdaq Trading Services at +1 212 231 5100.

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