Sphere Medical has 141,757,872 Ordinary Shares of nominal value £0.01 each in issue.


The Wales Life Sciences Investment Fund 25,000,000 17.64%

Woodford Patient Capital Trust Plc 23,125,000 16.31%

LSP Life Sciences Fund 10,904,000 7.69%

Ortho-Clinical Diagnostics 8,141,250 5.74%

Fidelity Worldwide Investments 6,264,649 4.42%

Octopus Investments 6,250,000 4.41%

Ruffer LLP 5,653,895 3.99%

Royal London Asset Management 5,624,185 3.97%

Herald Investment Management 4,711,965 3.32%





Should be an exciting year ahead with developments.
Anybody had a look at this company?

Quick update. Price has fallen with rest of general market. Interims on 22nd September where there may or may not be news on sales generation.

More interesting we had 2.8m of buys and sells yesterday which I'm betting is Woodford topping up again. No idea why he keeps topping up but assume he must be assured on it's future. He currently has 18.8% of the shares so this would take it over 20% if it's WPCT fund.

The seller is just as intrigued as there aren't many players with a chunk of shares that large to sell. I'll be glad when whoever it is finished as it appears to be holding the price back. Doesn't really matter though in a way as if Woodford keeps buying eventually the seller will run out.

Look for the RNS as confirmation in the next couple of days

Thanks CC.
But there are quite a few big investors in here and a few didn't take up their recent entitlements in the open offer so the seller could be from any number of holders....
Ortho recently declined to take up the world wide distribution rights which is fair enough as they are under new management and perhaps no longer interested in it.

I do recall Matthew Hall mentioning at the AGM, that there was one or two holders who expressed a willingness to exit as the company no longer met their investment criteria....
But like you, I am intrigued by the recent big trades.....
Hopefully more shall be revealed soon enough....

You may find this useful Ruth. Since I put this together about a month ago Woodford are now at 26,664,500 before yesterday's trades. It requires a little interpretation on some of the smaller holdings as these are only ever reported at particular points in time.
I've never seen an AIM stock like this so tightly held and bit by bit becoming more so.

Woodford RNS out today picking up another 3m shares. Now at 20.9%

Don't know where he got the shares from yet but the "free float" is getting smaller and smaller.

Price picked up a tiny bit today. Would be nice to think it's a permanent rise rather than the MM's taking advantage of PI's after the RNS

Peel Hunt have held close to 1 million shares and perhaps even more after the open offer.
He may have taken their position as they seem more freed up to make a market now...
Still no reflection in the share performance so far....
Have a good weekend...

New Welsh facility opened up........
Contract win in German teaching hospital.
Proxima 4 CE approval under current re view
Update at the end of this month.....full year 2015 results out.
Could be of interest...

Woodford still buying, I see....:-)

25% jump in SPHR..yesterday......
Woodford up to 26.5% now.....
Worth watching......

Woodford still buying...27% now..
Nice rise again today.....

I think there's only you and me on this one Ruth. Can't say it's my best trade at least my loss is now in the recoverable area.

Rumors circulating of a bid to which I give no credibility whatsoever.

To my mind the rise is something more to do with all the sellers who didn't believe in the product have now managed to sell their shares and are no longer competing with each other day after day pushing the price down endlessly.

Whoever sold 3.2m shares at 4.5p on the day of the Finals now looks a bit foolish

I agree.....
I have noted that some large trades went through late this afternoon....
I believe this has finally turned a corner.....I am grateful to Woodford fund coming on board, when they did...
Have a good weekend...and hopefully a better next week.

CC - some are watching :-)

😎👀 😀

Well my own feelings on the sudden rise is probably a speedier approval for the Proxima 4. I feel that would trigger an announcement on the WW distribution deal...which could be a good deal...if our main shareholders have any say in the matter now...
Good luck for the week a head...as well as those watching...
;-)

It's still going vertical - I guess there must be something driving it as we have buyers at these levels who seem more than willing to soak up the short term traders stock

Apparently an article running tomorrow in the Cambridge news. I'd be surprised if it says anything that's not already known

Are we due profit taking today after near 100% increase from recent lows?
Or will we continue on our merry way to 16p and last year's open offer price?

Woodford now up to 28%, which is interesting as he bought the last lot at 9.5p and therefore this lot must have been between 10 and 15. I'd suggest mostly 12.5 as we had alot of volume at this price yesterday.

The fact he's buying at 12.5p suggests... well based on today's trades and the price the MM are willing to give me for a volume hugely over NMS, suggests he's still collecting.

Top few holdings are:
Woodford 28.0%
Wales LS 17.6%
LSP 7.7%
OCD 5.7%
Octopus 4.4%
Ruffer 4.0%
RLAM 4.0%
Directors 0.8%

So that's 72.5%

According to recent records TDW,HL,Share Centre,Barclays most representing PI's have another 6.1%

I can name a few more below 3% but perhaps they've sold in the last few weeks. Parkway Tech had 2.4% as of 25.02, Opportunities EIS had 2.3% and City Financial 2.3%.

My point? The free float is becoming incredible tight and sooner the only shareholders left will be those too stubborn to sell as they are interested to see how this plays out.

Well I can be included in that group....
I noticed on another BB, that the CEO of SPHR is holding a presentation this week..organized by Share Magazine... We may begin to get some press.....
I have followed Woodford's investment strategy over the years and it would seem he positions himself to be the king maker......
So in that regard I view his buying as most positive indeed. He will not bid (himself) for the company but will be in prime position to decide the future as when he feels the time is right to sell.
I would imagine he may have had talks about the next evolutionary step of the company with other parties already.......

Nothing new there....