Today, May 27, is the last day of trading in IRLAB’s share before share split
IRLAB announces that today, Monday May 27, 2019, is the last day of trading in the company’s share before the share split. Tomorrow, Tuesday May 28, 2019, is the first day of trading in the share after the split. This means that the share price will reflect the effect of the split from May 28, 2019.
The terms for the split are a 5:1 split where each current share (1) is divided into five (5) shares of the same kind. For more information regarding the split, see the previous press release ”IRLAB announces share split” from May 17, 2019. The share split was resolved at IRLAB Therapeutics AB’s Annual General Meeting on April 25, 2019.
The split of the company's shares takes place automatically via Euroclear Sweden AB and shareholders do not need to take any action.