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BURNING ROCK BIOTECH LIMITED – Proposed Direct Listing on the London Stock Exchange and Publication of Registration Document
21 October 2022
Neither this announcement, nor something contained herein, nor something contained within the registration doc (the “Registration Document”) referred to herein shall type the premise of, or be relied upon in reference to, any supply or dedication in anyway in any jurisdiction. Investors shouldn’t subscribe for or buy any securities referred to on this announcement or within the Registration Document besides solely on the premise of the data contained in a prospectus in its closing type (along with any supplementary prospectus, if related, the “Prospectus”), together with the chance elements set out therein which may be revealed sooner or later in reference to the attainable admission of the Company’s American depositary shares (the “ADSs”) to the usual itemizing section of the Official List of the FCA and to buying and selling on the Main Market of London Stock Exchange plc (the “London Stock Exchange”) by means of a direct itemizing.
A replica of any Prospectus will, if revealed by the Company, be submitted to the FCA’s National Storage Mechanism and be out there for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and made out there on the Company’s web site at http://ir.brbiotech.com topic to sure entry restrictions.
LONDON, Oct. 21, 2022 (GLOBE NEWSWIRE) — Burning Rock Biotech Limited (NASDAQ: BNR, the “Company” or “Burning Rock”), an organization specializing in the appliance of subsequent era sequencing (NGS) expertise within the area of precision oncology, publicizes that, additional to its press launch on 21 June 2022, it has utilized for admission of the ADSs to the usual itemizing section of the Official List of the FCA and to buying and selling on the primary market of the London Stock Exchange (the “LSE”) by means of a direct itemizing (the “Direct Listing”).
Burning Rock has ready a registration doc in reference to the Direct Listing, which has been authorized by the FCA. A replica of the registration doc has been submitted to the National Storage Mechanism of the FCA and shall be out there for inspection on the following hyperlink: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
A replica of the Registration Document can even be out there on-line on the Company’s web site at http://ir.brbiotech.com.
Should the Direct Listing proceed, Burning Rock’s ADSs are anticipated to proceed to be listed and traded on the Nasdaq Global Market, with these ADSs being full fungible with the ADSs listed on the LSE. Custodial and depositary hyperlinks shall be established between Euroclear, Clearstream and DTC to facilitate the cross-market transfers of the ADSs related to secondary market buying and selling.
About Burning Rock
Burning Rock Biotech Limited (NASDAQ: BNR), whose mission is to protect life by way of science, focuses on the appliance of subsequent era sequencing (NGS) expertise within the area of precision oncology. Its business consists of i) NGS-based remedy choice testing for late-stage most cancers sufferers, and ii) most cancers early detection, which has moved past proof-of-concept R&D into the medical validation stage.
For extra details about Burning Rock, please go to: www.brbiotech.com.
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Important Legal Information
The data contained on this announcement is for background functions solely and doesn’t purport to be full or full, nor does this announcement represent or type half of any invitation or inducement to interact in funding exercise. No reliance could also be positioned by any particular person for any objective on the data contained on this announcement or its accuracy, equity or completeness. The contents of this announcement are to not be construed as authorized, monetary or tax recommendation.
This announcement shouldn’t be for launch, publication or distribution, immediately or not directly, in or into Australia, Canada, South Africa or Japan or in some other jurisdiction the place, or to any particular person to whom, to take action would represent a violation of relevant regulation or regulation.
These supplies don’t represent or type half of any supply or invitation to promote or subject, or any solicitation of any supply to buy or subscribe for, any ADSs or some other securities, nor shall it (or any half of it), or the very fact of its distribution, type the premise of, or be relied on in reference to, any contract subsequently.
This announcement could embrace forward-looking statements, that are primarily based on present expectations and projections about future occasions. These statements could embrace, with out limitation, any statements preceded by, adopted by or together with phrases similar to “target”, “believe”, “expect”, “aim”, “intend”, “may”, “anticipate”, “estimate”, “plan”, “project”, “will”, “can have”, “likely”, “should”, “would”, “could” and some other phrases and phrases of related that means or the unfavourable thereof. These forward-looking statements are topic to dangers, uncertainties and assumptions about Burning Rock and its subsidiaries. In mild of these dangers, uncertainties and assumptions, the occasions within the forward-looking statements could not happen. Past efficiency can’t be relied upon as a information to future efficiency and shouldn’t be taken as a illustration that traits or actions underlying previous efficiency will proceed sooner or later. No illustration or guarantee is made or shall be made that any forward-looking assertion will come to cross. The forward-looking statements on this announcement communicate solely as on the date of this announcement.
Burning Rock expressly disclaims any obligation or endeavor to replace, overview or revise any forward-looking statements contained on this announcement and disclaims any obligation to replace its view of any dangers or uncertainties described herein or to publicly announce the outcomes of any revisions to the forward-looking statements made on this announcement, whether or not in consequence of new data, future developments or in any other case, besides as required by regulation.
The data on this announcement is topic to alter. Persons viewing this announcement ought to make sure that they totally perceive and settle for the dangers which shall be set out within the Prospectus, if revealed.
Unless in any other case indicated, market, trade and aggressive place information are estimates (and accordingly, approximate) and ought to be handled with warning. Such data has not been audited or independently verified, nor has the Group ascertained the underlying financial assumptions relied upon therein. Certain information on this announcement, together with monetary, statistical, and working data has been rounded. As a end result of the rounding, the totals of information introduced on this announcement could differ barely from the precise arithmetic totals of such information.
For the avoidance of doubt, the contents of the Company’s web site should not integrated by reference into, and don’t type half of, this announcement.
