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Oxford Nanopore Technologies Announces Voting Rights Change

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Oxford Nanopore Technologies Announces Voting Rights Change

Oxford Nanopore Technologies PLC ( (GB:ONT) ) has issued an announcement.

Oxford Nanopore Technologies PLC has announced a change in its voting rights structure following an acquisition by EIT Oxford Holdings, LLC, which now holds 8.0191% of the voting rights. This adjustment in ownership could impact the company’s governance and influence stakeholder interests, particularly through its ultimate controlling person, Lawrence J. Ellison, as it reflects a strategic position in the company’s operations.

More about Oxford Nanopore Technologies PLC

Oxford Nanopore Technologies PLC operates in the biotechnology industry, focusing on the development and commercialization of nanopore-based technologies and products for DNA and RNA sequencing. Their market focus includes scientific research, clinical diagnostics, and other industries requiring comprehensive genetic analysis.

YTD Price Performance: 13.20%

Average Trading Volume: 3,262,610

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £1.39B

For detailed information about ONT stock, go to TipRanks’ Stock Analysis page.

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