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Oxford Nanopore Ready to Go Public
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Execs at Woodford darling Oxford Nanopore set for bumper £160m payday
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British biotech firm Oxford Nanopore is set to use an anti-takeover structure in its stock market float later this year.
The business wants to be able to fend off foreign bidders and continue to be a UK success story.
Voting rights: Oxford Nanopore has asked for shareholder approval to give chief executive Gordon Sanghera (pictured) a golden share
It has asked for shareholder approval to give chief executive Gordon Sanghera a golden share which would allow him to veto any potential takeover for a period of up to three years.
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Oxford Nanopore bosses worth more than £70m after investment round
The company s DNA sequencing tools have been used to help track Covid-19 mutations during the pandemic
Gordon Sanghera, one of the founders of Oxford Nanopore
Credit: Nigel Chapman
The scientists behind Covid mutation tracking pioneer Oxford Nanopore are poised to crystallise fortunes of more than £70m as the company gears up for a multi-billion pound float in London.
Dr Gordon Sanghera, Dr Spike Willcocks and Professor Hagan Bayley, who founded the company by spinning out research from the University of Oxford, are each set to scoop major paydays when the company joins the London Stock Exchange later this year.
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