PureTech Health (PRTC)

Sector:

Pharma and Biotech

Index:

FTSE 250

223.00p
   
  • Change Today:
      1.50p
  • 52 Week High: 241.50p
  • 52 Week Low: 140.40p
  • Currency: UK Pounds
  • Shares Issued: 270.41m
  • Volume: 234,705
  • Market Cap: £603.02m

Puretech Health confirms possible tie-up with Nektar Therapeutics

By Michele Maatouk

Date: Friday 07 Oct 2022

LONDON (ShareCast) - (Sharecast News) - PureTech Health said on Friday that it has exchanged indicative, non-binding proposals with US biopharmaceutical company Nektar Therapeutics regarding a possible combination.
Responding to press speculation a day earlier, PureTech said that it remains in discussions with Nektar about the proposal.

There can be no certainty that any firm offer will be made, nor as to the terms of any such offer, it said, adding that a further announcement will be made as and when appropriate.

Under UK takeover rules, Nektar has until 1700 BST on 3 November to either announce a firm intention to make an offer for the company or walk away.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

PRTC Market Data

Currency UK Pounds
Share Price 223.00p
Change Today 1.50p
% Change 0.68 %
52 Week High 241.50p
52 Week Low 140.40p
Volume 234,705
Shares Issued 270.41m
Market Cap £603.02m

PRTC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
19% below the market average19% below the market average19% below the market average19% below the market average19% below the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Price Trend
69.99% above the market average69.99% above the market average69.99% above the market average69.99% above the market average69.99% above the market average
92.73% above the sector average92.73% above the sector average92.73% above the sector average92.73% above the sector average92.73% above the sector average
Income Not Available
Growth
67.21% below the market average67.21% below the market average67.21% below the market average67.21% below the market average67.21% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PRTC Dividends

No dividends found

Trades for 09-May-2024

Time Volume / Share Price
17:00 12,715 @ 218.75p
16:35 115,709 @ 223.00p
16:35 1,384 @ 223.00p
16:35 1,478 @ 223.00p
16:35 3,069 @ 223.00p

PRTC Key Personnel

CEO Bharatt Chowrira

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