Mystery shareholder shuffle at Woodford-backed Oxford Nanopore - Part 3

Saturday, 22 June 2019, 9:57 am

So, the mystery surrounding the shareholding shuffle at Oxford Nanopore Technologies might not actually be a mystery after all!

Back in March it emerged, according to the venerable Financial Times, that after Oxford Nanopore told Woodford of its floatation plans the fund manager was able to sell his 2.15 million shares back to the company, which were cancelled and then reissued as new securities.

This was done to make sure his fund didn't go above the 10pc threshold of unquoted investments...

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