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3rd Quarter Results

Released 07:00 17-Dec-2018

3rd Quarter Results

Oxford Technology VCT Plc

Update for the quarter ending 30 November 2018


Oxford Technology VCT Plc presents its quarterly update for the period commencing 1 September 2018. 

The Directors have recently reviewed the valuation of its entire portfolio as at 30 November 2018.

The unaudited net asset value per ordinary share (NAV) as at 30 November 2018 was 47.3p.  This is a fall of 3.7p from the previously published NAV for the period ending 31 August 2018. The fall in NAV is primarily due to a fall in the bid price of Scancell (11.5p to 7.8p). This was offset by a small increase in the value attributable to Select Technology.

The total return to shareholders including previous dividends of 55.0p per share is now 102.3p per share.

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 30 November 2018 and the publication of this statement which have had a material effect on the financial position of the Company.

17 December 2018

Enquiries:
Lucius Cary, Oxford Technology Management
01865 784466


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3rd Quarter Results - RNS