Further information regarding the offer to purchase shares by Redmile Group LLC

20 Aug 2020

Further information regarding the offer to purchase shares by Redmile Group LLC

In order to clarify apparent confusion caused by action notices disseminated by some brokers, please see below a link to the letter to remaining shareholders from Redmile Group LLC (“Redmile”) sent on 27 May 2020 following the closing of the offer on 30 April 2020.

We would stress that the purpose of this letter was to set out the right under the Companies Act for shareholders to require Redmile to purchase their remaining shares at the offer price of 15.5p if they (the shareholder) so wishes.

It does not confer, nor is there, any right for Redmile to make a compulsory purchase of any shares from current shareholders.

Click Here to Download the Letter