Transcu

Transcu has requested the suspension of trading in the shares of the Company pending further announcements. Notably, the Company has entered into discussions with an underwriter to underwrite a rights issue and/or placement to fund its on-going research and development expenditure and other business operating costs, and to address its current liquidity situation. As a precaution, the Board has requested suspension of trading of its shares pending finalization of the terms of the underwriting.