Oxford Nanopore Stake Sale
IP Group Sells £21M Oxford Nanopore Stake to Increase Portfolio Flexibility
Anonymous
IP Group sold 10 million shares in Oxford Nanopore Technologies for about £21 million, while retaining a direct stake of roughly 70.8 million shares, or 7.23% of the company, valued at about £151.5 million. Funds managed by IP Group hold an additional 11.8 million shares. The sale gives IP Group more financial flexibility to allocate capital across its portfolio, while a 90-day lock-up applies to its remaining direct holding. The investor described Oxford Nanopore as a standout portfolio company and said it remains supportive of the business and its long-term prospects.
Key Points
1
IP Group was a founding investor in Oxford Nanopore, providing seed funding when the company was established in 2005 and backing it through its development and London listing.
2
IP Group said it was targeting more than £250 million in exit realisations by the end of 2027; it had generated £85.8 million in the first nine months of the year.
3
IP Group’s chief executive described the transaction as demonstrating the group’s ability to realise value from maturing portfolio companies while retaining exposure to their potential future growth.
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