Oxford Technology 4 VCT plc : 1st Quarter Results
Oxford Technology 4 VCT PLC
Update for the quarter ending 31 May 2018
Oxford Technology 4 VCT PLC presents its quarterly update for the period commencing 1 March 2018.
The Directors have recently reviewed the valuation of its entire portfolio as at 31 May 2018.
The unaudited net asset value per ordinary share as at 31 May 2018 was 48.0p. This is an increase of 2.1p from the previously published NAV for the period ending 28 February 2018. The increase in NAV was primarily due to the Castleton bid price increasing from 68.5p to 82.5p.
The total return to shareholders including previous dividends of 37.0p per share is now 85.0p per share.
During the quarter, a sale of Castleton shares was made (£150K) as well as follow on investments in Immbio (£57k) and ZuvaSyntha (£30k). Post the quarter end, a further sale of Castleton shares was made (£9k).
The total number of ordinary shares in issue is 11,516,946.
The Directors are not aware of any other events or transactions which have taken place between 31 May 2018 and the publication of this statement which have had a material effect on the financial position of the Company.
27 June 2018
Lucius Cary, Oxford Technology Management
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Oxford Technology 4 VCT plc via Globenewswire
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Oxford Technology 4 VCT plc : 1st Quarter Results - RNS