OXF Oxford Technology 4 Venture Capital Trust Plc

 
TIDMOXF 
 
 
   Following yesterday's release of the audited results of the Company for 
the year ended 29 February 2020, the Board wishes to draw the attention 
of shareholders to the following section of the 'First Quarter Results 
Announcement' section of the Chairman's Statement, reproduced verbatim 
from the Annual Accounts document and yesterday's RNS: 
 
   "First Quarter Results Announcement 
 
   As mentioned in the overview section above, the Directors estimate that 
the NAV per share is an unaudited 34.3p as of mid-May. 
 
   At this time, and unless there are reasons to suggest conditions are not 
similar at the end of May 2020, we do not currently intend to issue a 
NAV as at 31 May 2020, and will update the market further with our half 
year results to the end of August 2020. We do not currently consider 
that publishing this quarterly result will add any value to shareholders, 
and not doing so will save some costs". 
 
   The Board considers that the NAV per share of 34.3p remains a materially 
accurate unaudited valuation as of 20 May 2020, a drop of 5% from the 
audited valuation of 36.1p per share as at 29 February 2020.  The 
unaudited valuation of 34.3p per share was calculated using the closing 
bid prices of Castleton Technologies plc of 93p per share, and of 
MirriAd  Advertising of 14.5p per share on 14 May 2020. 
 
   Further information: 
 
 
 
   Lucius Cary or Andrea Mica 01865 784466 
 
 
 
 

(END) Dow Jones Newswires

May 21, 2020 02:00 ET (06:00 GMT)

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