6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of April, 2023

Commission File Number 001-39670

 

 

PURETECH HEALTH PLC

(Translation of registrant’s name into English)

 

 

6 Tide Street, Suite 400

Boston, Massachusetts 02210

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☒            Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

 

 

 


INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

On May 9, 2022, PureTech Health plc (LSE: PRTC, Nasdaq: PRTC) (the “Company”) announced the commencement of a $50 million share repurchase program (the “Program”) of its ordinary shares of one pence each (“Ordinary Shares”). The Company plans to execute the Program in two equal tranches, the first of which was completed on October 26, 2022. In respect of each of the two tranches, PureTech entered into an irrevocable non-discretionary instruction with Jefferies International Limited (“Jefferies”) in relation to the purchase by Jefferies of Ordinary Shares for an aggregate consideration (excluding expenses) of no greater than $25 million and the simultaneous on-sale of such Ordinary Shares by Jefferies to PureTech. Jefferies makes its trading decisions in relation to the Ordinary Shares independently of, and uninfluenced by, the Company. Purchases may continue during any close period to which the Company is subject. Any purchase of Ordinary Shares under the second tranche of the Program are carried out on the London Stock Exchange and any other UK recognized investment exchange which may be agreed, in accordance with pre-set parameters and in accordance with, and subject to limits, including those limits related to daily volume and price, prescribed by the Company’s general authority to repurchase Ordinary Shares granted by its shareholders at its most recent annual general meeting on June 15, 2022, Chapter 12 of the Financial Conduct Authority’s UK Listing Rules, Article 5(1) of Regulation (EU) No. 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018) and Commission Delegated Regulation (EU) 2016/1052 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018). All Ordinary Shares repurchased under the Program will be held in treasury.

During the month ended April 30, 2023, the Company had the following daily purchases of its own Ordinary Shares under the Program through Jefferies:

 

Date

 

Ordinary Shares
Repurchased

 

Volume Weighted

Average Price Paid

per Ordinary Share

 

Highest Price Paid

 

Lowest Price Paid

April 3, 2023   10,482   221.83p   223.50p   219.50p
April 4, 2023   10,293   219.70p   221.50p   218.00p
April 5, 2023   10,403   217.24p   220.00p   213.00p
April 6, 2023   9,887   219.62p   221.00p   218.00p
April 11, 2023   10,076   222.44p   224.00p   219.00p
April 12, 2023   10,584   219.31p   225.50p   216.00p
April 13, 2023   10,410   217.91p   219.00p   216.00p
April 14, 2023   9,667   219.87p   222.50p   218.00p
April 17, 2023   8,712   219.90p   222.00p   218.50p
April 18, 2023   8,380   221.50p   223.50p   217.00p
April 19, 2023   8,067   215.78p   218.00p   211.50p
April 20, 2023   8,614   205.27p   210.00p   202.50p
April 21, 2023   8,522   213.19p   217.00p   208.00p
April 24, 2023   8,537   214.13p   217.50p   211.50p
April 25, 2023   8,355   215.06p   218.50p   210.00p


April 26, 2023   7,954   210.26p   212.50p   208.00p
April 27, 2023   7,937   211.54p   214.50p   208.00p
April 28, 2023   8,263   208.66p   203.00p   213.00p

During the month ended April 30, 2023, the Company repurchased an aggregate of 165,143 Ordinary Shares. As of April 30, 2023, the Company’s issued share capital was 289,468,159 shares, 11,195,573 of which were held in treasury, resulting in total voting rights in the Company of 278,272,586 shares. To view the details of the individual transactions, please paste the following URL(s) into the address bar of your browser with respect to each individual date of repurchase under the Program:

April 3, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4727519.html

April 4, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4729148.html

April 5, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4730772.html

April 6, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4732344.html

April 11, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4734159.html

April 12, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4735684.html

April 13, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4737201.html

April 14, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4738607.html

April 17, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4740218.html

April 18, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4741941.html

April 19, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4743461.html

April 20, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4745113.html

April 21, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4746586.html

April 24, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4748164.html

April 25, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4749761.html

April 26, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4751521.html

April 27, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4753091.html

April 28, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4754883.html


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  PURETECH HEALTH PLC
Date: May 3, 2023   By:  

/s/ Daphne Zohar

    Name:   Daphne Zohar
    Title:   Chief Executive Officer