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Oxford Nanopore Technologies PLC ( (GB:ONT) ) has issued an announcement.
Oxford Nanopore Technologies has applied for a new block admission of 50,000,000 ordinary shares to be admitted to trading on the London Stock Exchange’s main market. The new shares will rank equally with existing ordinary shares and are expected to be admitted on 30 March 2026.
These shares will be issued over time under a range of employee share option, long-term incentive, deferred bonus, share incentive, and employee stock purchase plans. The move expands on an existing block admission and underlines the company’s ongoing use of equity-based remuneration to incentivise and retain staff without an immediate dilutive capital raise.
The most recent analyst rating on (GB:ONT) stock is a Buy with a £1.72 price target. To see the full list of analyst forecasts on Oxford Nanopore Technologies PLC stock, see the GB:ONT Stock Forecast page.
Spark’s Take on ONT Stock
According to Spark, TipRanks’ AI Analyst, ONT is a Neutral.
The score is held back primarily by weak financial performance—large ongoing losses and continued cash burn—despite improving revenue growth and solid gross margins. Technicals also detract due to a clear downtrend (below major moving averages and negative MACD). Offsetting factors include constructive earnings-call guidance with margin/OpEx discipline and a credible longer-term breakeven timeline, plus a relatively low-leverage balance sheet.
To see Spark’s full report on ONT stock, click here.
More about Oxford Nanopore Technologies PLC
Oxford Nanopore Technologies plc operates in the biotechnology and life sciences sector, focusing on nanopore-based DNA and RNA sequencing technologies. The company provides sequencing platforms and related tools used in research, clinical, and applied markets, and is listed on the London Stock Exchange’s main market for listed securities.
Average Trading Volume: 1,708,697
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.18B
See more insights into ONT stock on TipRanks’ Stock Analysis page.