Oxford Technology 2 VCT plc : 1st Quarter Results

Oxford Technology 2 VCT PLC

Update for the quarter ending 31 May 2018

Oxford Technology 2 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 32.4p.  This is an increase of 0.7p from the previously published NAV for the period ending 28 February 2018.

The total return to shareholders including previous dividends of 21.0p per share is now 53.4p per share.

During the quarter, a follow on investment was made in Immbio (£12k) and a new investment was made into Scancell (£150K). Details of both were included in the Company's Annual Report for the year end 28 February 2018.

The total number of ordinary shares in issue is 5,331,889.

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

Enquiries:
Lucius Cary, Oxford Technology Management
01865 784466

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Source: Oxford Technology 2 VCT plc via Globenewswire