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Oxford Technology (OXT)


Tuesday 05 August, 2014

Oxford Technology

Oxford Technology VCT plc : HMRC Announcement

Oxford Technology VCT plc : HMRC Announcement

For Immediate Release
5th August 2014


Oxford Technology VCT Plc have received a carefully considered response from HMRC on the question of withdrawal of VCT approval from OT1 and OT3, following representations made by Joseph Hage Aaronson LLP in June 2014.

HMRC are reserving their position and have indicated that changes are required if VCT status is to be retained.  They have indicated a period of 40 days to see if the requirements can be complied with.

The Board of OTVCT and their advisors are giving urgent consideration to the requirements with a view to complying with them within that time scale.

Further Enquires
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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