On a corporate action affecting ordinary shares of Virgin Galactic Holdings, Inc. (SPCE)

On April 29, 2024, Virgin Galactic Holdings, Inc. proposed reverse stock split at a ratio ranging from any whole number between 1-for-2 and 1-for-20. Reverse Split will effect if stockholders vote to approve it on the 2024 Annual Meeting of Shareholders to be held on June 12, 2024. For more details, please, refer to the company’s website.

ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.