17 Jul 2020 11:44
The following amendment has been made to the 'Issue of Equity' announcement released today at 07:00 under RNS No 3272T.
The expected admission date has changed from '8:00 a.m. on 20 July 2020' to '8:00 a.m. on 22 July 2020'.
All other details remain unchanged. The full amended text is shown below.
LEI: 549300Q7EXQQH6KF7Z84
17 July 2020
RTW Venture Fund Limited
(the "Company")
ISSUE OF EQUITY
On 16 July 2020, the Company issued 642,300 new ordinary shares of no par value each at a price of US$1.44 per share; these shares rank pari passu with the existing ordinary shares in issue. The issue price equates to a premium to the net asset value per share at the time of the transaction.
As a result of this issue, the total number of ordinary shares in issue now stands at 179,023,298 and the total number of voting rights in the Company is 179,023,298 There are no shares held in treasury.
The above figure of 179,023,298 may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
The Company confirms that application for admission will be made to London Stock Exchange plc and it is expected that admission will occur at 8:00 a.m. on 22 July 2020.
For further information, please contact:
RTW Investments, LP Stephanie Sirota, Chief Business OfficerAlexandra Taracanova, PhD, Director of Investor Relations Julia Enright, Business Development Associate
| +1 (646) 343 9280 |
J.P. Morgan Cazenove William Simmonds Oliver Kenyon James Bouverat (Sales)
| +44 (0)20 7742 4000 |
Ocorian Administration (Guernsey) Limited Kevin Smith | +44 (0) 1481 742 642 |
About RTW Venture Fund Limited:
RTW Venture Fund Limited (LSE: RTW) is an investment fund focused on identifying transformative assets with high growth potential across the biopharmaceutical and medical technology sectors. Driven by a long-term approach to support innovative businesses, RTW Venture Fund invests in companies developing next-generation therapies and technologies that can significantly improve patients' lives.
RTW Venture Fund Limited is managed by RTW Investments, LP, a leading US healthcare investment firm with deep scientific expertise and a strong track record of supporting companies developing life-changing therapies.
Visit the RTW website at www.rtwfunds.com for more information.
Rtw Biotech (RTW)