London Stock Exchange welcomes Oxford Nanopore Technologies plc to the Main Market
London Stock Exchange welcomes Oxford Nanopore Technologies plc to the Main Market of the London Stock Exchange. Founded in 2005 by Gordon Sanghera, Spike Willcocks and Professor Hagan Bayley, Oxford Nanopore has developed a new generation of nanopore-based sensing technology.
Oxford Nanopore’s long term goal is to bring the widest benefits to society through enabling the analysis of anything, by anyone, anywhere. Oxford Nanopore’s sequencing devices are already used by scientists in more than 100 countries around the world across a breadth of research areas — from solving problems in human health and food production, to tackling climate change and antimicrobial resistance.
The Company, which is headquartered in Oxford and has a team of approximately 700 staff globally, has raised gross proceeds of £350 million at a placing price of 425 pence per share. The Offer also comprised approximately 41 million existing Shares sold by existing Shareholders, equating to a total Offer size of c.£524 million.
The investment will be used to support continued innovation, growth, and working towards the goal of enabling the analysis of anything, by anyone, anywhere.