Share Name Share Symbol Market Type Share ISIN Share Description
Oxford Technology Vent Cap Tst LSE:OXT London Ordinary Share GB0006640204 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 38.00p 33.00p 43.00p 38.00p 38.00p 38.00p 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 0.1 1.5 25.3 2.06

Oxford Technology Vent Cap Share Discussion Threads

Showing 26 to 48 of 50 messages
Chat Pages: 2  1
DateSubjectAuthorDiscuss
04/11/2014
16:08
£1,500 director buy puts 300k on to MC,I could buy 15k the other day at 59p
balcony
05/8/2014
08:35
ShareSoc's voting recommendations for the rescheduled AGMs:
timbo003
05/8/2014
08:33
New Proxy Forms for rescheduled AGM (for Oxford Tech 3 VCT)
timbo003
05/8/2014
07:49
Here's the remuneration policy referred to in the letter to OT3 shareholders, a couple of things to note. * See how the managers fee dwarfs that of the director's remuneration, exactly what is the manager doing to earn that sort of fee (£400K across the 4 VCTs with total assets of about £20M), now the fund is in run off? * See also what a total rip off the manager's performance fee is. All the manager has to do is return the original capital (£1/share) and then he pockets 15% of everything above that. That is not a performance fee, that is a fee for performing somewhat worse than cash in the bank.
timbo003
05/8/2014
07:47
See below my copy of the letter Lucius sent out to Oxford Tech 3 VCT shareholders on Friday (Oxford Tech VCT shareholders received a similar letter). It is not often a shareholder action group achieves such an unqualified success, we have got just about everything we asked for. All we want now is for HMRC to permanently revoke the decision to withdraw VCT status and for the new directors (vetted and approved buy ShareSoc) to sort out the mess. One other thing to note: A merger of the 4 VCTs is now on the agenda, a merged VCT may have to sell a few Scancell shares to get under the 15% holding threshold.
timbo003
31/7/2014
17:30
ShareSoc press release now out welcoming today's news: http://www.sharesoc.org/campaigns5.html http://oi62.tinypic.com/2gts13p.jpg" width="700" height="1100">
timbo003
31/7/2014
14:11
Link to today's today's announcements from Oxford Tech VCT and Oxford Tech 3 VCT, which together hold >5% of Scancell. http://www.investegate.co.uk/oxford-technology--oxt-/gnw/oxford-technology-vct-plc---directorate-change/20140731122818H5402/ http://www.investegate.co.uk/oxford-tech-3-vct--ott-/gnw/oxford-technology-3-vct-plc---directorate-change/20140731140857H5444/ Three new directors, including a Foolish one (good luck Tolmers!) The manager is stepping down from the Board on OT1 and OT3 (Did he jump before he was pushed? He was up for re-election on both OT1 and OT3 this year). No doubt there will be more news to follow shortly. Result! Give your self a pat on the back ShareSoc.
timbo003
21/7/2014
17:36
This email from ShareSoc went out to OT1 and OT3 shareholders earlier today: Update 21/7/2014: Roger Lawson, Deputy Chairman of ShareSoc, has sent a letter to Lucius Cary concerning the lax voting arrangements at the Oxford Technology VCTs. You can read it here: http://www.sharesoc.org/Cary%20Letter%202014-07-21.pdf We consider this an important matter so as to ensure that all shareholders in these companies get the opportunity to vote and are aware of the Annual General Meetings of these companies (now rescheduled to the 27th August). We understand that new Notices of the AGMs will be issued together with revised (i.e. replacement) proxy voting forms. We will reconsider our voting arrangements and give further advice on how to vote as soon as we see the new resolutions and any proposed changes (which of course we have been pushing for). More news will follow as more is publicly disclosed.
timbo003
01/7/2014
09:03
The ShareSoc Oxford Tech VCT Action Group has today issued a note on the Corporate Governance issues at the Oxford Tech VCTs with some recommendations on how they should be improved: http://www.sharesoc.org/campaigns5.html
timbo003
18/6/2014
17:56
See latest update from the Investors Chronicle which published online today, so presumably it will appear in the print edition on Friday: http://www.investorschronicle.co.uk/2014/06/18/funds-and-etfs/vcts-and-eiss/oxford-vcts-invite-shareholders-to-become-neds-YKJztBavdHEg1yO7VTbpFL/article.html
timbo003
15/6/2014
20:19
The ShareSoc OXTAG reaction to the invitation to fill out and return the proxy forms (also included in the letter) went out to shareholders via email today. Snail mail letters are due to be posted tomorrow. http://www.sharesoc.org/Proxy-Voting-Recommendations.pdf
timbo003
15/6/2014
17:52
This letter was sent to OT3 shareholders at the end of last week, OT1 shareholders also received one (which was very similar).
timbo003
10/6/2014
15:18
Date change for the Oxford Tech AGM (applies to all 4 VCTs) http://www.investegate.co.uk/oxford-technology--oxt-/gnw/oxford-technology-vct-plc---agm-statement/20140610153832H1781/ Which makes quite a lot of sense. The possible only downside is that they might not be able to line up all the speakers for the new date (Avid readers of the OXTAG updates, will have been aware that Scancell were down to give a presentation on the original date) Oxford Technology VCT Plc today announces that the Annual General Meeting has been rescheduled. It had been previously announced that it would be held on Wednesday 9(th) July. It will now be held at 12 noon on Wednesday 27(th) August. On 7(th) March VCT approval was withdrawn from OT1 and OT3. On 26(th) March Oxford Technology appealed against this decision. On 6(th) June HMRC set aside this decision. HMRC will now consider afresh whether it will be appropriate to withdraw VCT status from OT1 and OT3, and to assist their consideration of this matter they have invited Joseph Hage Aaronson LLP to make additional representations relating to the issue. We hope that the position will be clearer by the 27(th) August and this is the reason for the postponement.
timbo003
08/6/2014
22:40
OXTAG have now issued an update following Fridays news: http://www.sharesoc.org/campaigns5.html
timbo003
06/6/2014
13:27
Excellent news http://uk.advfn.com/news/UKREG/2014/article/62477783 http://uk.advfn.com/news/UKREG/2014/article/62477783 No idea what HMRC are going to do next, hopefully it will be to rescind the decision entirely, although there will almost certainly be conditions attached 6 June 2014 Oxford Technology VCT Plc: notice to shareholders: HMRC set aside decision of 7 March 2014 to withdraw VCT approval and will reconsider afresh the issue of withdrawal of VCT approval Following consideration of a legal opinion given on behalf of the Oxford VCTs by Graham Aaronson QC and Jonathan Bremner of Counsel, instructed by Joseph Hage Aaronson LLP, HMRC have today notified Joseph Hage Aaronson LLP that the decision dated 7 March 2014 to withdraw venture capital trust approval from Oxford Technology VCT Plc ("OT1") and Oxford Technology 3 VCT Plc ("OT3") has been set aside. HMRC will now consider afresh whether it will be appropriate to withdraw VCT status from OT1 and OT3, and to assist their consideration of this matter they have invited Joseph Hage Aaronson LLP to make additional representations relating to the issue. The effect of this is that the VCT status of OT1 and OT3 is, at the moment, to be treated as not having been withdrawn so that shareholders need not take any steps in relation to this matter. If, in the light of the further representations HMRC decide that VCT approval should not be withdrawn then that will conclude the matter so far as the shareholders' tax position is concerned. If, on the other hand, HMRC decide that such approval should be withdrawn, then shareholders will be notified accordingly and will need to consider what steps they should take.
timbo003
28/5/2014
16:35
Some coverage in Investors Chronicle, worth a read http://www.investorschronicle.co.uk/2014/05/28/funds-and-etfs/vcts-and-eiss/oxford-technology-vct-boards-face-shareholder-action-OtJrwYCtcNKV3UMzsr21jI/article.html
timbo003
24/5/2014
15:55
See the meeting report from Tuesday's OXTAG meeting for shareholders of Oxford Technology 1 and 3 VCTs Meeting report: http://www.sharesoc.org/OXTAG-Meeting-Report.pdf Campaign web page: http://www.sharesoc.org/campaigns5.html
timbo003
07/5/2014
19:20
From Oxford Tech website as no RNS announcement hxxp://www.oxfordtechnology.com/ OT1 & OT3's appeal against HMRC withdrawal of VCT approval – Update At the meeting held 28 April between HMRC and Oxford Technology and its legal advisers, it was agreed that certain detailed arguments in support of the VCTs' appeal would be submitted in writing to HMRC, who will consider them as urgently as possible. It is expected that these detailed arguments will be provided to HMRC before the end of this week.
127tolmers
23/4/2014
07:08
From Oxford Tech website as no RNS announcement hxxp://www.oxfordtechnology.com/ OT1 & OT3's appeal against HMRC withdrawal of VCT approval – Next Steps On 26 March 2014 OT1 and OT3 appealed against HMRC's withdrawal of VCT approval. The appeal will be led by Graham Aaronson QC of Joseph Hage Aaronson LLP. The statutory appeal process requires that the appeal is first made to HMRC. In the event that the matter cannot be resolved at that initial stage, provision is then made for a review by HMRC of its decision and, if the outcome of the review is not favourable, an appeal to the First-tier Tribunal (Tax Chamber), which is independent of HMRC. HMRC has helpfully offered to meet to discuss the appeals process and any request for re-approval with Oxford Technology directly. Oxford Technology has accepted this offer and it will therefore be engaging in a dialogue with HMRC in order to determine whether this matter can be resolved by agreement. To this end a meeting has been scheduled for 28 April 2014 between HMRC and Oxford Technology. If resolution cannot be reached via agreement, the further avenues of review and appeal will thereafter be explored. If it is necessary to pursue the appeal process to the First-tier Tribunal, the likely timescale for such a hearing is in the region of 9 to 14 months from the lodging of the appeal with the Tribunal. Individuals who have invested in OT1 and OT3 should, as previously indicated, seek their own personal financial advice from their stockbroker, bank manager, solicitor, accountant, fund manager or other independent financial adviser who specialises in advising on the acquisition or disposal of shares in order that they may ascertain the implications associated with the Company losing its VCT approval and take appropriate action. Further announcements will be made to keep shareholders fully informed of developments.
127tolmers
15/4/2014
18:31
Some progress to report for the Oxford Technology VCTs Action Group. Over the last two weeks, the Action Group has written to all shareholders in Oxford Tech VCT and Oxford Tech 3 VCT, inviting them to sign up at the Action Group web page. This notice was sent out today by email to all shareholders who have registered with the action group If you are a shareholder in Oxford technology VCT or Oxford techology 3 VCT, you can register here, if you haven't already done so: http://www.sharesoc.org/campaigns5.html
timbo003
27/3/2014
15:04
Good to see an appeal properly launched today by Oxford 1 & 3; see RNSs
127tolmers
21/3/2014
19:04
FT article setting out HMRC position and the possible basis for appeal http://www.ft.com/cms/s/0/eb896fb8-ae8d-11e3-8e41-00144feab7de.html#axzz2wcodKxYw
timbo003
21/3/2014
16:01
Here is an extremely helpful guide (just published) on the implications of withdrawal of VCT status for private investors from the AIC http://www.theaic.co.uk/sites/default/files/hidden-files/AICConsumerGuideVCTApprovalWithdrawalMar14.pdf
timbo003
Chat Pages: 2  1
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:34 V: D:20161209 13:29:02