Oxford (OXM) shares surged 5.02% during Friday's intraday trading session, following news of a significant change in the company's shareholder structure. The stock's impressive rally comes as Briarwood Chase, a notable investment firm, has reportedly increased its stake in Oxford BioMedica PLC.

The announcement of Briarwood Chase's increased investment appears to have sparked investor enthusiasm, driving up demand for Oxford's shares. This move by a prominent investor could be interpreted as a vote of confidence in the company's future prospects, potentially explaining the sharp uptick in stock price.

While specific details about the extent of Briarwood Chase's increased stake were not immediately available, the market's strong positive reaction suggests that investors view this development as a bullish signal. As trading continues, market participants will likely be watching closely for any further information about this change in ownership and its potential implications for Oxford's strategic direction.