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Oxford Technology (OXT)


Thursday 31 July, 2014

Oxford Technology

Oxford Technology VCT plc : Directorate change

Oxford Technology VCT plc : Directorate change

For Immediate Release                                                        
31st July 2014


 Appointment of New Directors

Oxford Technology VCT Plc today announces the appointment of two new Directors.

Mr Alex Starling and Mr Richard Roth will join the Board of Oxford Technology VCT Plc with immediate effect.  Shareholders will be asked to confirm their election at the forthcoming AGM on 27th August 2014.

Mr Alex Starling runs an advisory business helping technology companies raise venture capital and thrive in competitive markets.  He is also a shareholder in several young growing companies. Alex is a Chartered Engineer and Member of the Institution of Mechanical Engineers, has a PhD in Engineering from Cambridge University and holds the ICAEW Diploma in Corporate Finance. 

Mr Richard Roth worked for two blue chip companies before he joined easyJet, and was one of the key executives that transformed the business from private company to household name. He has worked as CFO for an airline, and most recently worked as the Director of Performance Management and Turnaround for the Monarch Group. He has also had a number of consulting assignments, helping companies determine their strategy, and implementing business improvements.  He holds 10,000 shares in Oxford Technology VCT.

The current chairman Mr John Jackson today announces his retirement.  The Board would like to thank him for his many years of service and contribution to the VCT.   Alex Starling will take over as the new Chairman.

Mr Lucius Cary, Managing Director of Oxford Technology Management, the manager of the VCT will continue to attend Board Meetings but will resign as a Director at the AGM.

Further Enquiries
Lucius Cary on  01865 784466

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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 VCT plc via Globenewswire


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