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Open Orphan proposed distribution in specie 7:11 am Open Orphan plc (LON:ORPH), a rapidly growing specialist pharmaceutical services clinical research organisation (CRO) and a world leader in vaccine and antiviral testing using human challenge clinical trials, has announced that, further to previous announcements, it proposes to make a distribution in specie of the entire issued share capital of its wholly-owned subsidiary Orph Pharma IP Company Limited to Poolbeg Pharma Limited, in return for the issue of new shares by Poolbeg to shareholders of Open Orphan on the register at close of business on 17 June 2021 (“Relevant Shareholders”). The approval of Open Orphan shareholders to such distribution in specie was granted at Open Orphan’s general meeting held on 29 April 2021.

Croft nomineesOpen orphanOrph pharmaPoolbeg pharma limitedRelevant shareholdersPoolbeg sharePoolbeg sharesCroft nominees limitedLock up periodLock up period croftதிறந்த ஆர்ஃபந்தொடர்புடையது பங்குதாரர்கள்பூட்டு மேலே காலம்