Block Listing Application

OXB

Block Listing Application

Oxford, UK - 21 October 2024: OXB (LSE: OXB), a quality and innovation-led cell and gene therapy CDMO, today announces that  application has been made to the Financial Conduct Authority and the London Stock Exchange Exchange for admission to the (i) the Equity Shares (Commercial Companies) ("ESCC") category of the Official List and (ii) to trading on the London Stock Exchange for a block listing of 800,000 ordinary shares of 50 pence each in the capital of the company (the "Ordinary Shares"), 500,000 of which will be issued from time to time pursuant to the OXB Long Term Incentive Plan (LTIP), and 300,000 of which will be issued from time to time pursuant to the OXB Deferred Bonus Plan (DBP).

The Ordinary Shares are being reserved under a block listing and will be issued from time to time pursuant to the following schemes:

·      OXB Long Term Incentive Plan (LTIP) (500,000 Ordinary Shares); and

·      OXB Deferred Bonus Plan (DBP) (300,000 Ordinary Shares).

It is expected that admission to the Official List and the London Stock Exchange of the New Ordinary Shares will become effective on 24 October 2024. The New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares in issue.

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About OXB

OXB (LSE: OXB) is a quality and innovation-led contract development and manufacturing organisation (CDMO) in cell and gene therapy with a mission to enable its clients to deliver life changing therapies to patients around the world.

One of the original pioneers in cell and gene therapy, OXB has more than 25 years of experience in viral vectors; the driving force behind the majority of cell and gene therapies. OXB collaborates with some of the world's most innovative pharmaceutical and biotechnology companies, providing viral vector development and manufacturing expertise in lentivirus, adeno-associated virus (AAV), adenovirus and other viral vector types. OXB's world-class capabilities span from early stage development to commercialisation. These capabilities are supported by robust quality-assurance systems, analytical methods and depth of regulatory expertise.

OXB offers a vast number of unique technologies for viral vector manufacturing, including a 4th generation lentiviral vector system (the Tetravecta™ system), dual plasmid system for AAV production, suspension and perfusion process using process enhancers and stable producer and packaging cell lines.

OXB, a FTSE4Good constituent, is headquartered in Oxford, UK. It has bioprocessing and manufacturing facilities across Oxfordshire, UK, Lyon and Strasbourg, France and near Boston, MA, US. Learn more at www.oxb.com, and follow us on LinkedIn and YouTube.