Oxford Tech 2 VCT Oxford Technology 2 Vct Plc - 3rd Quarter Results

 
TIDMOXH 
 
 
   Oxford Technology 2 VCT Plc presents its quarterly update for the 3 
month period commencing 1 September 2019. 
 
   The Directors have recently reviewed the valuation of its entire 
portfolio as at 30 November 2019, the make-up of which did not change 
during the quarter. 
 
   The unaudited net asset value per ordinary share as at 30 November 2019 
was 30.7p. This represents a decrease of 2.1p from the net asset value 
per ordinary share at 31 August 2019. This decrease is attributable to a 
decrease in the valuation of Orthogem and a drop in the share price of 
Scancell (6.8p to 4.8p). These have been partially offset by an uplift 
in value of Arecor to reflect good overall progress. 
 
   The total return to shareholders including previous dividends of 21.0p 
per share is now 51.7p per share. 
 
   As reported at the half-year, the Directors continue to review the 
possibility to pay a small dividend before the end of February 2020. 
 
   The total number of ordinary shares in issue is 5,331,889. 
 
   The Directors are not aware of any other events or transactions which 
have taken place between 30 November 2019 and the publication of this 
statement which have had a material effect on the financial position of 
the Company. 
 
   12 December 2019 
 
   Enquiries: 
 
   Lucius Cary, Oxford Technology Management 
 
   01865 784466 
 
 
 
 
 
 

(END) Dow Jones Newswires

December 12, 2019 02:00 ET (07:00 GMT)

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