Oxford Technology

Oxford Technology VCT plc : 1st Quarter Results

Oxford Technology VCT plc : 1st Quarter Results

Oxford Technology VCT PLC

Interim Management Statement
For the six months commencing 1 March 2013

Oxford Technology VCT PLC presents its interim management statement for the period commencing 1 March 2013, as required by the UK Listing Authority's Disclosure and Transparency Rule 4.3.

The Directors reviewed the valuation of its entire portfolio at a Board meeting on 3 July 2013.

The unaudited net asset value per ordinary share as at 31 May 2013 was 76.2p.  This is a rise of 2p from the year end at 28 February 2013 due to the increasing price of Scancell Plc's ("Scancell") shares quoted on AIM.  

The total number of ordinary shares in issue is 5,431,655.

During the quarter no new investments were made.  The company paid a dividend of 10p per share on 3rd May from the sale of part of the Company's holding in Scancell Ltd.

The Directors are not aware of any other events or transactions which have taken place between 28 February 2013 and the publication of this statement which have had a material effect on the financial position of the Company.

3 July 2013

Lucius Cary, Oxford Technology Management
01865 784466

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Oxford Technology VCT plc via Thomson Reuters ONE