Conviction Life Sciences Company Limited Share Offer
This offer is now closed for applications through interactive investor
Update on IPO
Conviction Life Sciences Company Limited has decided not to proceed with its initial public offering due to current market uncertainty.
The Board has been encouraged by the interest shown to date, reflecting the Board's opinion of the compelling fundamental characteristics of the proposition. However, market conditions continue to be challenging and the Board, in consultation with the Investment Manager, has made this decision in light of the current outlook.
Subscription amounts are being re-credited to accounts (Tuesday 31 January 2023).
Key information
| Issue price per share: | 100 pence |
| Minimum investment: | £500 (multiples of £1 thereafter) |
| Stock ticker: | CLSC |
| SEDOL: | BMG9VJ0 |
Expected timetable
| Offer open: | 16Â November 2022 |
| Offer close: | 31 January 2023 (3pm)* |
| Result announced: | 1 February 2023 |
| Unconditional dealing starts: | 3 February 2023 (8am) |
* The Company has announced an extension to the timetable. These dates are subject to change.
This website is issued by, and is the sole responsibility of, Interactive Investor Services Limited. This website is an advertisement and not a Prospectus. Any application to participate in the Offer can and will only be made on the basis of the Prospectus, together with any supplements thereto.
Interactive Investor Services Limited uses the Conviction Life Sciences Company Limited Prospectus in accordance with the Company's consent and the conditions set out in the Conviction Life Sciences Company Limited Prospectus.
Investing in IPOs carries a high degree of risk. If you are unsure of the suitability of an investment please seek Financial Advice. You are not guaranteed to make a profit, the value of your investments can go down as well as up. You may not get back all the money you invest. Any notification of an IPO on our website is not an endorsement of the issue, nor is it solicitation for interest in the issue. Investment in the Company should not be regarded as short-term in nature. You should consider carefully all of the information set out in the Offer documents, including all the risks attached to investing in the Company before you apply.
"Conviction Life Sciences Company Limited" and the Conviction Life Sciences Company Limited logo are reproduced by kind permission of Conviction Life Sciences Company Limited. All rights reserved.
This announcement has been published by Interactive Investor Services Limited.
This announcement has been prepared and is the sole responsibility of Interactive Investor Services Limited of 201 Deansgate, Manchester, M3Â 3NW, which is an authorised person for the purposes of the Financial Services and Markets Act 2000.