Indivior To Delist From LSE, Citing US Revenue Dominance And Higher Nasdaq Liquidity In Move To Streamline Operations

Author: Benzinga Newsdesk | June 02, 2025 02:05am

In further consideration of Indivior's listing structure, the Board now believes that the London Delisting will be beneficial for the following reasons:

• Fully aligns with Indivior's most attractive and valuable opportunity set – U.S. SUBLOCADE;
• Better reflects the Company's geographic net revenue profile; over 80% of net revenue is generated from the U.S.;
• Eliminates the cost and complexity of maintaining a secondary listing;
• Recognizes that liquidity on Nasdaq now far outweighs liquidity on the LSE; as of May 27th, trading on the Nasdaq now accounts for approximately 75% of total trading volume across both exchanges over the last 30 days;
• Takes account of the location of most holders of Ordinary Shares by value; over 70% are now held by shareholders located in the U.S.; and
• Permits timing of material news announcements that aligns with the Company's U.S. peer set.

Posted In: INDV