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Allergy Therapeutics (AGY): Hong Kong dual listing

This situation live

AGY Allergy Therapeutics

£285m · 4.5p · −58% since the first step
12.1p 4.5p Now 4.5p · 23 Oct +13% −11% −23% −32% +10% Dec ’25Jan ’26FebMarAprMayJunJulAugSepOct
19 Jan 2026 · Still exploring potential dual primary listing · −11% until the next step while it continues to explore a potential dual primary listing on the Hong Kong Stock Exchange
31 Mar 2026 · Still exploring dual primary listing · −23% until the next step - Company continues to explore potential dual primary listing on Hong Kong Stock Exchange
Project milestones
Hong Kong dual listing
Still exploring; no timetable
Every step · 6
  1. 12 Dec 2025 Announced 6 Nov 2025; expected first half 2026 – The Potential Equity Raise would be carried out ahead of the potential dual listing of the Company's shares on the Hong Kong Stock Exchange, which was... ↗
  2. 19 Jan 2026 Still exploring potential dual primary listing – while it continues to explore a potential dual primary listing on the Hong Kong Stock Exchange ↗
  3. 31 Mar 2026 Still exploring dual primary listing – - Company continues to explore potential dual primary listing on Hong Kong Stock Exchange ↗
  4. 15 Jun 2026 Still exploring; CFO awarded LTIP for workload – in recognition of the significantly higher level of corporate activity as the Company continues to explore the potential dual primary listing of its... ↗
  5. 28 Jul 2026 Still exploring; Executive Chairman appointed to lead – particularly as the Group continues to explore a potential dual primary listing on The Stock Exchange of Hong Kong Limited, alongside its existing listing on AIM. ↗
  6. 29 Jul 2026 Still exploring; no timetable – The Group continues to explore a potential dual primary listing on The Hong Kong Stock Exchange. ↗

What is happening

Allergy Therapeutics: Hong Kong dual listing – Still exploring; no timetable. ['Still exploring; no timetable']

In short
The company began exploring a dual primary listing on HKEX in December 2025. Helge Weiner-Trapness was appointed Executive Chairman on 28 July 2026 to lead it. The 29 July 2026 update says the Group continues to explore it, with no timetable or decision.
Announced
12 Dec 2025 · Announced 6 Nov 2025; expected first half 2026
Latest
29 Jul 2026 · Still exploring; no timetable
Status
Continuing to explore dual primary listing on HKEX
Award reason
CFO LTIP award recognises significantly higher level of corporate activity
Timetable
None stated
Leadership
Helge Weiner-Trapness appointed Executive Chairman on 28 July 2026
Stated benefits
Access to key new markets, expansion into Asia, platform to develop R&D capabilities
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Also at Allergy Therapeutics 2 open
Project milestonesVLP Peanut PROTECT trial – Still exploring; no timetable Dilutive fundraisePotential equity raise – No raise; debt funded, cash £24.2m Allergy Therapeutics – company page →

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