|Go to market news section|
Oxford Technology VCT PLC
Update for the quarter ending 31 May 2016
Oxford Technology VCT PLC presents its quarterly update for the period commencing 1 March 2016.
The Directors have recently reviewed the valuation of its entire portfolio as at the quarter ending 31 May 2016.
The unaudited net asset value per ordinary share as at 31 May 2016 was 62.2p. This is a rise of 1p from the previously published NAV for the year ending 29 February 2016.
The VCT's holding in Scancell Holdings Plc ("Scancell"), listed on AIM, is approximately 40% of the VCT's portfolio. The bid price of Scancell's shares used for the calculation of the VCT's net assets on 31 May 2016 was 18.5p.
The total number of ordinary shares in issue is 5,431,655.
The Directors are not aware of any other events or transactions which have taken place between 31 May 2016 and the publication of this statement which have had a material effect on the financial position of the Company.
8 July 2016
Lucius Cary, Oxford Technology Management
London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.
|©London Stock Exchange plc. All rights reserved|