6-K
Table of Contents

 

 

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 May, 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):  ☐

 

 

 


Table of Contents

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 May 31, 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

May 2, 2023

   42,582    220.39p    221.00p    214.50p

May 3, 2023

   43,654    221.77p    223.00p    217.50p

May 4, 2023

   44,605    219.27p    221.00p    217.00p

May 5, 2023

   45,533    221.20p    222.50p    216.00p

May 9, 2023

   45,308    218.91p    220.50p    215.50p

May 10, 2023

   44,142    218.42p    221.00p    216.50p

May 12, 2023

   44,819    209.20p    212.50p    205.50p

May 15, 2023

   42,513    209.21p    212.00p    205.00p

May 16, 2023

   43,463    211.87p    214.00p    209.00p

May 17, 2023

   42,840    208.81p    212.50p    205.00p

May 18, 2023

   43,750    212.54p    215.50p    209.50p

May 19, 2023

   40,608    205.70p    209.50p    202.00p

May 22, 2023

   44,193    211.49p    213.50p    210.00p

May 23, 2023

   14,984    218.35p    218.50p    216.00p

May 24, 2023

   36,656    219.40p    220.00p    217.00p

May 25, 2023

   35,978    223.47p    223.50p    223.00p

May 26, 2023

   44,760    224.64p    227.50p    221.50p

May 30, 2023

   45,710    227.85p    229.50p    225.50p

May 31, 2023

   44,541    226.15p    232.50p    219.00p


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During the month ended May 31, 2023, the Company repurchased an aggregate of 790,639 Ordinary Shares. As of May 31, 2023, the Company’s issued share capital was 289,468,159 shares, 11,855,861 of which were held in treasury, resulting in total voting rights in the Company of 277,612,298 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:

May 2, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4757165.html

May 3, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4758625.html

May 4, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4760265.html

May 5, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4761879.html

May 9, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4763904.html

May 10, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4765493.html

May 12, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4768545.html

May 15, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4770108.html

May 16, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4771614.html

May 17, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4773250.html

May 18, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4774857.html

May 19, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4776281.html

May 22, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4777902.html

May 23, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4779519.html

May 24, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4781004.html

May 25, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4782591.html

May 26, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4784108.html

May 30, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4786157.html

May 31, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4787720.html


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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: June 2, 2023   By:  

/s/ Daphne Zohar

    Name:   Daphne Zohar
    Title:   Chief Executive Officer