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IN BRIEF: Oxford Nanopore nets GBP78.6 million from IPO over-allotment

4th Oct 2021 18:52

Oxford Nanopore Technologies PLC - genomics firm specialising in DNA sequencing and provider of rapid Covid-19 tests - Citigroup Global Markets Ltd exercises over-allotment option on 18.5 million shares from initial public offering at 425 pence each. Company is expected to receive GBP78.6 million in gross proceeds.

Current stock price: 600.15p, up 41% from IPO price

By Arvind Bhunjun; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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