Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Oxford Technology 2 Venture Capital Trust Plc LSE:OXH London Ordinary Share GB0003105052 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 25.00 15.00 35.00 25.00 25.00 25.00 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -0.1 -1.2 - 1

Oxford Tech 2 VCT Notice Of Agm And Shareholder Presentations

22/07/2021 12:13pm

UK Regulatory (RNS & others)


Oxford Technology 2 Vent... (LSE:OXH)
Historical Stock Chart


From Jun 2021 to Jul 2021

Click Here for more Oxford Technology 2 Vent... Charts.
 
TIDMOXH 
 

Copies of the Annual Report and Accounts of the Company in respect of the financial period ended 28 February 2021 and the Notice of Annual General Meeting to be held on 25 August 2021, and Shareholder presentation meetings to be held on 28 July 2021 and 12 August 2021 have been posted to shareholders. Copies of the Annual Report and Proxy Forms are available on the www.oxfordtechnologyvcts.com website and the text of the accompanying letter sent out is copied below. Please sign up for the meetings at https://forms.gle/oTHUsj7dquSwpCug7

Dear Shareholder

I am pleased to announce that the Annual Accounts for the year ended 28 February 2021 are now available for download from www.oxfordtechnologyvct.com/vct2.html.

The Company's net asset value per share decreased by 3.0p per share from 27.8p at 29 February 2020 to 24.8p per share as at 28 February 2021. Compared to 29 February 2020, operating costs reduced the NAV per share by 1.2p during the period, with a further loss of 1.8p per share due to movements in the portfolio: reductions in the valuations of Select Technology and ImmBio only partially being offset by an increase in the value of Scancell.

As at the quarter end at 31 May 2021 the unaudited net asset value per share had increased to 27.2p. This incorporates the IPO share price of Arecor which floated on AIM on 3 June. The Directors have also reviewed the carrying values of the unquoted investments and these remain largely unchanged from their values at 28 February 2021.

After hosting last year's AGM via electronic means, we had hoped to return to full normality for this year's event, while also recognising the convenience of enabling virtual participation.

Having not had the chance to meet shareholders for over two years, we are therefore planning the following shareholder interactions to maximise the opportunity for shareholder involvement during the holiday period:

   -- Wednesday 28 July 2021 at 2pm: An informal shareholder meeting held in 
      person in Oxford, providing an opportunity for a face-to-face meeting 
      with shareholders. The agenda will include a presentation from OTM 
      followed by a shareholder Q&A to include future strategy. There will be 
      investee video presentations by Arecor, Scancell and Select. If you 
      intend to attend this session, please notify us in advance by email to 
      mailto:vcts@oxfordtechnology.com vcts@oxfordtechnology.com in case there 
      are changes to arrangements that need to be communicated at short notice. 
 
   -- Thursday 12 August 2021 at 10.30am: webinar -- a repeat of the above 
      shareholder event, but held online, and using chat/email facility for 
      shareholder Q&A. Details for how to register for this event will be on 
      the website: www.oxfordtechnologyvct.com. 

We will also put any of the investee company video presentations on the website.

   -- Wednesday 25 August 2021 at 10.30am: Virtual AGM. This will be a meeting 
      to consider the formal business of the AGM. All voting will be by poll 
      (i.e. not using a show of hands), so please ensure that you return your 
      proxy forms as soon as possible (and in any event by 10.30am on 23 August 
      2021) and / or register your votes with your broker if your shares are 
      held with nominees. It is strongly encouraged that you appoint the 
      Chairman of the AGM as your proxy to enable the orderly conduct of voting 
      at the AGM. Please refer to the Notice of AGM for further details 
      regarding lodging a proxy form. Please send in any questions you have, 
      and we will seek to answer them at the meeting and also put up a Q&A 
      section on the website. 

We hope shareholders will appreciate the flexibility being offered.

May we also take this opportunity to remind shareholders that it is legal requirement to declare if you are resident for tax purposes outside of the UK according to the Common Reporting Standards. If this does apply to you please contact us or the Registrars directly for the relevant links to self certification.

Yours sincerely,

Richard Roth

Chairman

 
 

(END) Dow Jones Newswires

July 22, 2021 07:13 ET (11:13 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year Oxford Technology 2 Vent... Chart

1 Year Oxford Technology 2 Vent... Chart

1 Month Oxford Technology 2 Vent... Chart

1 Month Oxford Technology 2 Vent... Chart
ADVFN Advertorial
Your Recent History
LSE
OXH
Oxford Tec..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

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

P: V:gb D:20210725 14:56:36