Oxford Tech 3 VCT Oxford Technology 3 Vct Plc : Dividend Declaration
21 April 2016 - 4:02PM
UK Regulatory
TIDMOTT
Regulatory Announcement
For Immediate Release
21(st) April 2016
Oxford Technology 3 Venture Capital Trust Plc
Dividend of 15p per share
The Company announces that it will be paying an interim dividend of 15
pence on each ordinary share.
The ex-dividend date is 28(th) April 2016.
The record date for the dividend is 29(th) April 2016.
The payment date is 13(th) May 2016.
Following the 7p dividend paid on 19(th) February 2016 the Company has
now paid shareholders 22p in dividends following the sale of Telegesis.
In addition, supporting investments have been made in several portfolio
companies: GBP34k in Scancell, GBP50k in Immunobiology and GBP200k in
Plasma Antennas, as well as the Company exercising GBP425k worth of
warrants held in Ixaris.
The Board would like to remind shareholders that the size of the VCT is
relatively small - following the sale of Telegesis in November 2015, the
remaining portfolio is relatively concentrated. The Directors have
retained sufficient cash to provide the flexibility to support the
Company's remaining portfolio and to cover ongoing running costs of the
VCT.
Further information
Lucius Cary or Joanne Hoareau 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 3 VCT plc via Globenewswire
HUG#2005350
http://www.oxfordtechnology.com
(END) Dow Jones Newswires
April 21, 2016 02:02 ET (06:02 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
Oxford Technology 3 Vent... (LSE:OTT)
Historical Stock Chart
From Apr 2024 to May 2024
Oxford Technology 3 Vent... (LSE:OTT)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Oxford Technology 3 Venture Capital Trust Plc (London Stock Exchange): 0 recent articles
More Oxf.Tech 3 Vct News Articles