Woodford Investment Management Ltd

Q1 2018 13F Holdings Report, Restatement, Stock Holdings

Signature - Title
Chris Martin - Head of Compliance
Location
London, United Kingdom
Holdings as of
31 Mar 2018
Value $
$1,124,251,000
Num holdings
6
Filing time
09 Aug 2018, 16:02:10 UTC
Form type
13F-HR/A-1 - Restatement
Description
All US holdings of this investor are reported in this report. Top holdings included PRTA, ALKS, TBPH, BIIB, and EVFM.
Previous filing
Q4 2017 - 06 Jun 2018
Next filing
Q2 2018 - 09 Aug 2018
Sym Weight Trade Impact Company Class Share Change Activity Value Change $ Value $ * Price $ Shares Principal
Filing 2018 Q1 - Restatement compared to 2017 Q4 - Restatement by default. Changes are calculated vs the previous SEC filing.
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name Title City, State Date
Chris Martin Head of Compliance Oxford, United Kingdom 07 Aug 2018

This amendment is being filed to add an additional issuer (NuCana plc) and to reflect the following: With respect to Evofem Biosciences, Inc. ("Evofem"), the Reporting Manager, acting as agent for and on behalf of the funds it manages who own shares of Evofem common stock, par value $0.0001 per share ("Evofem Stock") (the "Funds"), has entered into a voting agreement with Evofem, obligating the Reporting Manager to cause each Fund to deliver to Evofem a duly executed irrevocable proxy. Each Fund, including LF Woodford Equity Income Fund and Woodford Patient Capital Trust, who are Other Included Managers whose holdings are separately included on the Information Table, has executed and delivered such proxy to Evofem. The proxy appoints any designee of Evofem as the sole and exclusive attorney and proxy of the Fund to represent the Fund and to vote at every meeting of the stockholders of Evofem (including any actions by written consent) with respect to all the shares of Evofem Stock owned by the Fund in excess of 19.5% of the then outstanding shares of Evofem Stock in the same proportion as the shares voted by all other stockholders (excluding the Fund) voting on or consenting to such matters. Accordingly, each Fund (as record holder of the shares) only has voting power with respect to the shares it beneficially owns up to and including that 19.5% threshold ("Threshold Shares"); the Reporting Manager shares voting power with respect to such Threshold Shares. Voting authority with respect to the Evofem Stock over which neither the Reporting Manager nor the Funds has voting power (because such 19.5% threshold has been exceeded) is reported as "none" in Column 8 of the Information Table. For purposes of this calculation, the total outstanding Evofem shares used was 17,763,340 shares of Evofem Stock outstanding as of February 9, 2018, as reported in Evofem's Annual Report on Form 10-K, filed with the SEC on February 26, 2018. Please refer to the Form of Voting Agreement, which is incorporated by reference to Exhibit 4.10 of Evofem's Registration Statement on Form S-4 (No. 333-221592) filed on November 15, 2017 and the Reporting Manager's Schedule 13G with respect to the Evofem Stock filed by the Reporting Manager on June 11, 2018, for more information.

Other Included Managers (5):

Num Name Location File Number
1 LF Woodford Equity Income Fund Oxford, United Kingdom 028-18455
2 Uk High Income Sjput Oxford, United Kingdom 028-18454
3 Net Distribution Bond Sjpuk Oxford, United Kingdom 028-18453
4 Woodford Patient Capital Trust Plc Oxford, United Kingdom 028-18456
5 Ex Uk Equity Sjpuk Oxford, United Kingdom 028-18750