Company: IMCR
Filing Date: 2025-03-17
Form Type: 424B7
Source: 0001140361-25-008917
Chunk: 9

Company: Immunocore Holdings plc
Filing Date: 2025-03-17
Form: 424B7
Chunk 9
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 reported sale price of our ADSs has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which we provide notice of optional redemption at a redemption price equal to 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid interest to, but excluding, the optional redemption date. However, we may not redeem less than all of the outstanding notes at our option unless at least $100.0 million aggregate principal amount of notes are outstanding and not called for such redemption as of the time we send the related notice of optional redemption.

No “sinking fund” is provided for the notes, which means that we are not required to redeem or retire the notes periodically. See the section titled “Description of Notes—Optional Redemption.”

#### Tax Redemption
If, as a result of certain changes in the law of any Relevant Tax Jurisdiction (as defined in “Description of Notes—Additional Amounts”) we would be required to pay Additional Amounts on the notes, we may redeem the notes in whole, but not in part, at a tax redemption price of 100% of the aggregate principal amount thereof, plus accrued and unpaid interest to, but excluding, the tax redemption date and all Additional Amounts (as defined in “Description of Notes”), if any, which otherwise would be payable to the date of tax redemption. Upon us giving notice of a tax redemption, a holder may elect not to have its notes redeemed, in which case the holder would not be entitled to receive any Additional Amounts with respect to its notes after the tax redemption date. See “Description of Notes—Tax Redemption.”

#### Additional Amounts
If any deduction or withholding for, or on account of, any Taxes imposed by any Relevant Tax Jurisdiction will at any time be required to be made from any Relevant Payments under or with respect to the notes (each of the foregoing capitalized terms as defined in “Description of Notes—Additional Amounts”), subject to certain exceptions, we will pay such Additional Amounts as may be necessary in order that the net amounts received in respect of such Relevant Payments by each holder after such withholding or deduction

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(including any such deduction or withholding in respect of Additional Amounts) will equal the respective amounts which would have