Pharming Group NV
The ADSs are expected to begin trading on Nasdaq on December 22, 2020 at $ 12.10 each
We have applied to list American Depositary Shares, or ADSs, each representing ten ordinary shares of Pharming Group N.V., on the Nasdaq Global Market, or Nasdaq, under the symbol “PHAR”. The ADSs are expected to begin trading on Nasdaq on December 22, 2020. Our ordinary shares are currently traded on Euronext Amsterdam under the symbol “PHARM”. The closing price of our ordinary shares on Euronext Amsterdam on November 20, 2020 was €1.018 per ordinary share, which is equivalent to a price of $1.21 per share based on the noon buying rate of the Federal Reserve Bank of New York on November 20, 2020, or $12.10 per ADS, after giving effect to the ratio of one ADS for every ten ordinary shares. We have appointed J.P. Morgan Chase Bank, N.A. to act as the depositary for the ADSs representing our ordinary shares, including the Registered Shares, as defined below.