Oxford Nano(wi) Share News (ONT)

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; arvindbhunjun@alliancenews.com

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