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Oxford Nanopore Director Increases Stake with Share Purchase

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Oxford Nanopore Director Increases Stake with Share Purchase

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

Oxford Nanopore Technologies PLC announced that John O’Higgins, a Non-Executive Director, purchased 77,000 ordinary shares of the company at a price of £0.9717 per share. This transaction, disclosed under the UK Market Abuse Regulation, indicates a potential vote of confidence in the company’s prospects by a key member of its leadership team.

More about Oxford Nanopore Technologies PLC

Oxford Nanopore Technologies PLC operates in the biotechnology industry, specializing in the development and commercialization of nanopore sequencing technology. The company focuses on providing innovative solutions for DNA and RNA sequencing, catering to a wide range of scientific and clinical research markets.

YTD Price Performance: -24.61%

Average Trading Volume: 4,873,973

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £927.7M

For an in-depth examination of ONT stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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