RE: Posted to SEDI1 Jul 2023 09:26
43% down to 27% according to this press release.
Prior to the Recent Trading Activity, between March 27, 2023 and June 28, 2023, Anavio converted, in aggregate, 12 units of 2028 Bonds into 29,375,760 Common Shares and sold the resulting Common Shares in the public market. The weighted average price realized for all dispositions of Common Shares by Anavio between March 27, 2023 and June 29, 2023 was GBp 4.28 per Common Share, resulting in aggregate proceeds of c. GBP 1,059,875. Anavio's conversions of Bonds and subsequent sales of Common Shares during the period from March 27, 2023 to June 29, 2023, including the Recent Trading Activity, resulted in Anavio's aggregate ownership interest in the issued and outstanding Common Shares, calculated on a fully-diluted basis, decreasing from approximately 43.0% on March 27, 2023 to approximately 27.1% on June 29, 2023.