Woodford's hopes of exiting Oxford Nanopore begin to fade

Beleaguered manager hit with latest holdings setback

Beth Brearley
clock • 1 min read

Neil Woodford is unlikely to be able to offload one of his largest unlisted holdings, commentators have warned.

It is thought the manager will struggle to exit life sciences company Oxford Nanopore either through floating on the stock exchange or as part of a private debt raising fundraising before the end of the year due to the sluggish IPO market, sources told The Telegraph. RC Brown picks up third purchase in Woodford fire sale The shuttered Woodford Equity Income fund (WEIF) is slated to reopen in December but this is dependent on the manager raising the necessary levels of cash, while the Woodford Patient Capital trust is facing a debt deadline. The board of WPCT is hoping to extend a ...

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