Oxford BioMedica : Repayment of Debt Facility

Oxford Biomedica

Repayment of Debt Facility

Oxford, UK - 28 June 2019:Oxford Biomedica plc (LSE:OXB) ('OXB' or 'the Group'), a leading gene and cell therapy group, announces that, further to the announcement of 28 May in relation to Novo Holdings' strategic investment in the Group and, in accordance with the stated use of proceeds from the transaction, Oxford Biomedica has now repaid in full its debt facility with Oaktree Capital Management.

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Enquiries:
Oxford Biomedica plc John Dawson, Chief Executive Officer Stuart Paynter, Chief Financial Officer Catherine Isted, Head of Corporate Development & IR Sarah MacLeod, Head of Communications	T: [phone] T: [phone] T: [phone] / E: [e-mail] T: [phone] / E: [e-mail]
Consilium Strategic Communications Mary-Jane Elliott/Matthew Neal	T: [phone]

About Oxford Biomedica

Oxford Biomedica (LSE:OXB) is a leading gene and cell therapy group focused on developing life changing treatments for serious diseases. Oxford Biomedica and its subsidiaries (the 'Group') have built a sector leading lentiviral vector delivery platform (LentiVector^®), which the Group leverages to develop in vivo and ex vivo products both in-house and with partners. The Group has created a valuable proprietary portfolio of gene and cell therapy product candidates in the areas of oncology, ophthalmology and CNS disorders. The Group has also entered into a number of partnerships, including with Novartis, Sanofi, Axovant Gene Therapies, Orchard Therapeutics, Boehringer Ingelheim, the UK Cystic Fibrosis Gene Therapy Consortium and Imperial Innovations, through which it has long-term economic interests in other potential gene and cell therapy products. Oxford Biomedica is based across several locations in Oxfordshire, UK and employs more than 430 people. Further information is available atwww.oxb.com