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An announcement from Oxford Nanopore Technologies PLC ( (GB:ONT) ) is now available.
Oxford Nanopore Technologies has issued 266,645 new ordinary shares following the exercise of employee share options and the operation of certain remuneration schemes. The newly issued shares have been admitted to the UK Financial Conduct Authority’s Official List and to trading on the London Stock Exchange under the company’s existing block admission facility.
Following this issuance, Oxford Nanopore’s total issued share capital stands at 967,364,692 ordinary shares, with no shares held in treasury. The updated share count sets the new baseline for investors’ voting-right calculations and regulatory disclosure thresholds under the FCA’s transparency rules, while leaving capacity to issue over five million additional shares under the 2021 block admission.
The most recent analyst rating on (GB:ONT) stock is a Hold with a £102.00 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 is a UK‑listed company operating in the life sciences and genomics industry. It develops and commercialises nanopore-based DNA and RNA sequencing technologies, serving research, clinical, and industrial markets via its listing on the London Stock Exchange’s main market.
Average Trading Volume: 1,776,755
Technical Sentiment Signal: Sell
Current Market Cap: £1.07B
See more insights into ONT stock on TipRanks’ Stock Analysis page.