Business
PrimaryBid Offer
PrimaryBid Offer.
About this update from Oxford Biodynamics Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (\"UK MAR\").\nTHIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF OXFORD BIODYNAMICS PLC.\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.\nTHIS ANNOUNCEMENT AMOUNTS TO A FINANCIAL PROMOTION FOR THE PURPOSES OF SECTION 21 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (\"FSMA\") AND HAS BEEN APPROVED BY PRIMARYBID LIMITED WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (FRN 779021).\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA OR JAPAN.\n \n13 March 2024\n \nOXFORD BIODYNAMICS PLC\n(\"Oxford\" or the \"Company\")\nPrimaryBid Offer\n● Oxford BioDynamics PLC announces a conditional offer for subscription of new Ordinary Shares via PrimaryBid;\n● The Issue Price for the new Ordinary Shares is 9 pence per new Ordinary Share, representing a discount of approximately 21 per cent to the closing price of the Company's existing Ordinary Shares on 12 March 2024;\n● Investors can access the PrimaryBid Offer through PrimaryBid's website and on PrimaryBid's app;\n● Investors may also be able to take part through PrimaryBid's extensive network of retail brokers, wealth managers and investment platforms, (subject to such partners' participation), which includes AJ Bell, Hargreaves Lansdown and interactive investor;\n● Applications for new Ordinary Shares through these partners can be made from tax efficient savings vehicles such as ISAs or SIPPs, as well as General Investment Accounts (GIAs);\n● The PrimaryBid Offer is available to both existing shareholders and new investors;\n● The new Ordinary Shares to be issued pursuant to the PrimaryBid Offer, Subscriptions and the Placing will be sold at the Issue Price;\n● There is a minimum subscription ...