Oxford Tech 2 VCT Oxford Technology 2 Vct Plc - 3rd Quarter Results
12 Dicembre 2019 - 08:00AM
UK Regulatory
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)
Copyright (c) 2019 Dow Jones & Company, Inc.
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