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| Allotment | Filed | Share Class | Round Size | Round Type |
|---|---|---|---|---|
2023-12-21 | £3.0M |
| Shareholder | Share class | Shares | Holding |
|---|---|---|---|
| STEVEN ANDREW CHANCE | ORDINARY | 232,800 | 18.7% |
| 8888888888888888888888 | 8888888888 | 8888888 | 88888 |
| 88888888888888888888888888 | 8888888888 | 8888888 | 88888 |
| 888888888888888888 | 8888888888 | 888888 | 8888 |
| 8888888888888 | 88888888 | 888888 | 8888 |
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Capital raised per employee divides the equity OXFORD BRAIN DIAGNOSTICS LTD raised in the last six months by the headcount in its most recent filed accounts. It is a rough read on how capital-intensive the business is: a high figure means the company is raising a lot relative to the number of people it employs, which is typical of hardware, biotech and other research-heavy businesses. Headcount comes from annual accounts and so lags the funding date, often by a year or more.
A share class is a category of shares carrying its own rights over voting, dividends and what happens to the money if the company is sold or wound up. UK companies typically issue Ordinary shares to founders and employees, then create a new Preferred class at each funding round, giving investors priority on proceeds ahead of the Ordinary holders. OXFORD BRAIN DIAGNOSTICS LTD has 2 distinct classes on file at Companies House; the rights attached to each are reproduced below as filed.
THE SHARES HAVE ATTACHED TO THEM FULL VOTING, DIVIDEND AND CAPITAL DISTRIBUTION (INCLUDING ON WINDING UP) RIGHTS; THEY DO NOT CONFER ANY RIGHTS OF REDEMPTION.
A. VOTING RIGHTS: THE SHARES HAVE FULL VOTING RIGHTS; B. DIVIDEND RIGHTS: THE SHARES HAVE RIGHTS TO RECEIVE A FIXED CUMULATIVE DIVIDEND AT A NON- COMPOUNDING RATE OF 5%; C. LIQUIDATION RIGHTS: THE SHARES HAVE PREFERENTIAL RIGHTS ON LIQUIDATION OR A RETURN OF CAPITAL TO RECEIVE A 1X NON- PARTICIPATING LIQUIDATION PREFERENCE; D. REDEMPTION RIGHTS: THE SHARES ARE NON-REDEEMABLE.
These are the directors and secretaries who have left OXFORD BRAIN DIAGNOSTICS LTD. A resignation is filed with Companies House on form TM01 and the date below is the date the officer's appointment ended, not the date it was filed. Departures matter for reading a company's history: a founder leaving shortly after a funding round, or several directors resigning at once, is often the visible trace of a change of control or a restructure.
| 8888888888888 | 88888888 | 888888 | 8888 |
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