EX-10.4



 Exhibit 10.4 

DWF: AF/CJM/2016677.5 
  





 
 2018 

DISPOSITION 
 by 

QUOTIENT BIOCAMPUS LIMITED 

in favour of 
 ROSLIN
ASSETS LIMITED 
 SUBJECTS: 5 James Hamilton Way, Milton Bridge, Penicuik EH26 0BF 

  
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 WE, QUOTIENT BIOCAMPUS LIMITED, a company incorporated under the Companies Acts in Scotland with Company Number
SC514165 and having our Registered Office at Douglas Building, Pentlands Science Park, Bush Loan, Penicuik, Midlothian EH26 0PL registered proprietors of the subjects and others hereinafter disponed IN CONSIDERATION of the sum of FOURTEEN MILLION
NINE HUNDRED AND FIFTY HUNDRED THOUSAND POUNDS (£14,950,000) STERLING paid to us by ROSLIN ASSETS LIMITED, a company incorporated under the Companies Acts in England and Wales with Company Number 10893348 and having their Registered Office at
5th Floor, Maybrook House, 40 Blackfriars Street, Manchester M3 2EG of which sum we hereby acknowledge receipt and discharge them HAVE SOLD and DO HEREBY DISPONE to and in favour of the said
Roslin Assets Limited and to their successors and assignees whomsoever heritably and irredeemably ALL and WHOLE that plot or area of ground together with the buildings and others erected thereon extending to 3.18 hectares or thereby known as and
forming 5 James Hamilton Way, Milton Bridge, Penicuik EH26 0BF (formerly known as Site 3, Biocampus, Roslin) being the subjects registered in the Land Register of Scotland under Title Number MID197810; WITH ENTRY as at 23 March 2018 subject to
(i) the Lease between Quotient Biocampus Limited and Alba Bioscience Limited dated 14 July 2017 and registered in the Land Register of Scotland under Title Number MID166779 and registered in the Books of Council and Session on
26 January 2018 as amended by Minute of Variation between Quotient Biocampus Limited and Alba Bioscience Limited dated 8 March 2018 and to be registered in the Land Register of Scotland and to be registered in the Books of Council and Session
and (ii) the Lease between Scottish Enterprise and SP Distribution PLC dated 15 and 16 March and 19 April 2017 and registered in the Land Register of Scotland under title number MID186976 (“the Leases”); and we grant
warrandice but excluding therefrom the Leases; And we undertake and agree that if and to the extent that by delivery of these presents to the said Roslin Assets Limited we are not, or are not fully, divested of our whole right, title and interest in
the subjects hereby disponed, the same shall be held by us following the delivery of these presents in trust for the sole benefit of the said Roslin Assets Limited but provided that our duties as trustee are purely to hold such title in trust for
the said Roslin 

  
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 Assets Limited and do not include any other duties of a trustee which would otherwise be implied by law: IN
WITNESS WHEREOF these presents consisting of this and the preceding page are executed as follows by the said Quotient Biocampus Limited as follows:- 
  

					
	 /s/ Andrew Gordon Robb
	 		 	 /s/ Roland Boyd

	Signature of Witness	 		 	Signature of Director / Authorised Signatory
			
	Andrew Gordon Robb	 		 	Roland Boyd
	Full name of above (print)	 		 	Full name of above (print)
			
	1 Peacock Avenue	 		 	23/3/2018
		 		 	Date of Signing
			
	Bonnyrigg	 		 	Penicuik
	Address	 		 	Place of Signing


  
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