Northern Gritstone and Octopus Titan VCT join Pencil Biosciences cap table
Published
Pencil Biosciences Limited is a Macclesfield-based biotechnology firm founded in 2018. The company develops a proprietary, synthetic, modular, non-CRISPR gene-editing and modulation platform for treating rare diseases and cancer.
The most significant change in the latest confirmation statement (period ending 24 May 2024) is the addition of Northern Gritstone Limited to the cap table with 28,336 Seed shares. Northern Gritstone is also a shareholder in Cytotrait Limited and Imperagen Limited. Octopus Titan VCT PLC also joined the company with 22,061 Seed shares. This investor also backs Perci Health Ltd and Raylo Holdings Limited.
Other new entrants include GM & Cheshire Life Sciences Fund LP, which now holds 13,708 shares, and The UK Innovation & Science Seed Fund LP with 11,519 shares. The latter is also a shareholder in Helix Technologies Limited. Martlet Capital Limited, an investor in Echion Technologies Ltd and Paragraf Limited, took a holding of 7,084 Seed shares. Octopus Future Generations VCT PLC also joined with 3,088 Seed shares. This entity is also a shareholder in Slamcore Limited and LabGenius Limited.
The arrival of multiple new investors may signal a recent round. During this period, Catapult Ventures Managers Ltd and Prism (General Partner) Ltd both exited the cap table, having previously held 3,663 ordinary shares each. O2H Nominees Ltd remains a shareholder with 1,221 shares.
Shareholder data
Source: Companies House confirmation statement (CS01) — period to , filed .
Changes in this confirmation statement
| Type | Shareholder | Shares | Change | Share classes |
|---|---|---|---|---|
| Exited | CATAPULT VENTURES MANAGERS LTD | 3,663 | — | ORDINARY SHARES 3,663 |
| Exited | PRISM (GENERAL PARTNER) LTD | 3,663 | — | ORDINARY SHARES 3,663 |
| New shareholder | NORTHERN GRITSTONE LIMITED | 28,336 | — | SEED 28,336 |
| New shareholder | OCTOPUS TITAN VCT PLC | 22,061 | — | SEED 22,061 |
| New shareholder | GM & CHESHIRE LIFE SCIENCES FUND LP | 13,708 | — | SEED 10,045 ORDINARY SHARES 3,663 |
| New shareholder | THE UK INNOVATION & SCIENCE SEED FUND LP | 11,519 | — | SEED 7,856 ORDINARY SHARES 3,663 |
| New shareholder | MARTLET CAPITAL LIMITED | 7,084 | — | SEED 7,084 |
| New shareholder | OCTOPUS FUTURE GENERATIONS VCT PLC | 3,088 | — | SEED 3,088 |
Current shareholders (11)
| Shareholder | Total shares | Share classes |
|---|---|---|
| NORTHERN GRITSTONE LIMITED | 28,336 | SEED 28,336 |
| OCTOPUS TITAN VCT PLC | 22,061 | SEED 22,061 |
| UK FF NOMINEES LIMITED | 14,023 | SEED 14,023 |
| GM & CHESHIRE LIFE SCIENCES FUND LP | 13,708 | ORDINARY SHARES 3,663 SEED 10,045 |
| THE UK INNOVATION & SCIENCE SEED FUND LP | 11,519 | ORDINARY SHARES 3,663 SEED 7,856 |
| OCTOPUS INVESTMENTS NOMINEES LIMITED | 10,272 | SEED 10,272 |
| MARTLET CAPITAL LIMITED | 7,084 | SEED 7,084 |
| OCTOPUS FUTURE GENERATIONS VCT PLC | 3,088 | SEED 3,088 |
| O2H NOMINEES LTD | 1,929 | ORDINARY SHARES 1,221 SEED 708 |
| SYNDICATE ROOM NOMINEES LTD | 800 | SEED 800 |
| SYNDICATE ROOM BBI NOMINEES LTD | 800 | SEED 800 |
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