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 February, 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 February 28, 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  

February 1, 2023

     10,347        251.59p        256.00p        247.00p  

February 2, 2023

     8,053        255.94p        265.00p        249.50p  

February 3, 2023

     5,042        262.88p        265.00p        261.00p  

February 6, 2023

     10,587        260.55p        265.00p        258.00p  

February 7, 2023

     10,824        253.92p        261.00p        249.00p  

February 8, 2023

     10,549        248.18p        255.00p        244.50p  

February 9, 2023

     10,356        252.51p        255.50p        248.00p  

February 10, 2023

     10,153        241.67p        247.00p        238.50p  

February 13, 2023

     10,308        237.28p        240.00p        235.00p  

February 14, 2023

     10,499        233.06p        235.50p        230.00p  

February 15, 2023

     9,522        234.34p        237.50p        231.00p  

February 16, 2023

     10,386        232.49p        235.50p        230.00p  

February 17, 2023

     10,713        232.91p        234.00p        230.50p  

February 20, 2023

     10,728        228.38p        232.00p        227.00p  


February 21, 2023

     10,196        229.42p        232.50p        223.00p  

February 22, 2023

     10,344        218.21p        222.00p        215.50p  

February 23, 2023

     10,788        217.65p        219.50p        216.00p  

February 24, 2023

     11,729        223.91p        226.50p        218.50p  

February 27, 2023

     11,631        224.64p        227.00p        218.50p  

February 28, 2023

     12,113        227.22p        229.00p        225.50p  

During the month ended February 28, 2023, the Company repurchased an aggregate of 204,868 Ordinary Shares. As of February 28, 2023, the Company’s issued share capital was 289,468,159 shares, 10,807,414 of which were held in treasury, resulting in total voting rights in the Company of 278,660,745 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:

February 1, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4661879.html

February 2, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4663341.html

February 3, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4664663.html

February 6, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4666154.html

February 7, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4667560.html

February 8, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4669020.html

February 9, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4670406.html

February 10, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4671750.html

February 13, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4673189.html

February 14, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4674642.html

February 15, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4675976.html

February 16, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4677518.html

February 17, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4678907.html

February 20, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4680373.html

February 21, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4681594.html

February 22, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4683029.html

February 23, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4684454.html

February 24, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4685861.html

February 27, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4687469.html

February 28, 2023: https://data.fca.org.uk/artefacts/NSM/RNS/4689464.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: March 2, 2023   By:  

/s/ Daphne Zohar

    Name:   Daphne Zohar
    Title:   Chief Executive Officer