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ONT — Oxford Nanopore Technologies News Story

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UK's Oxford Nanopore falls as Novo Holdings sells 5% stake at discount

BUZZ-UK's Oxford Nanopore falls as Novo Holdings sells 5% stake at discount

** Shares of Oxford Nanopore Technologies ONT.L fall 7.2% to 160.7p

** Novo Holdings sells 49 million Oxford Nanopore shares for £74 million ($100.15 million), representing roughly 5% of the company's share capital

** The shares are priced at 152 pence each, representing a 12.3% discount to Oxford Nanopore's previous close

** Including session's losses, ONT up 25% YTD




($1 = 0.7389 pounds)


(Reporting by Atharva Singh in Bengaluru)

((Atharva.singh@thomsonreuters.com))

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