Oxford Tech 2 VCT Oxford Technology 2 Vct Plc - 1st Quarter Results
03 July 2019 - 4:00PM
UK Regulatory
TIDMOXH
Oxford Technology 2 VCT Plc presents its quarterly update for the period
commencing 1 March 2019.
The Directors have recently reviewed the valuation of its entire
portfolio as at 31 May 2019.
The unaudited net asset value per ordinary share (NAV) as at 31 May 2019
was 30.8p. This represents a decrease of 0.6p from the net asset value
per ordinary share at 28 February 2019. Post the quarter end, OC
Robotics have announced the imminent release of funds in escrow of which
Oxford Technology 2 VCT Plc is to receive GBP327,500. As trailed in the
Company's Annual Report and Accounts for the year ended 28 February
2019, only half of this has been included in the current published NAV,
and hence this will increase the NAV by just over 3p per share.
The total return to shareholders including previous dividends of 21.0p
per share is now 51.8p per share.
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 31 May 2019 and the publication of this
statement which have had a material effect on the financial position of
the Company.
3 July 2019
Enquiries:
Lucius Cary, Oxford Technology Management
01865 784466
[rr1]I thought the NAV at 28feb19 was 31.4p? so surely this must say
0.6p?
(END) Dow Jones Newswires
July 03, 2019 02:00 ET (06:00 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Oxford Technology 2 Vent... (LSE:OXH)
Historical Stock Chart
From Apr 2024 to May 2024
Oxford Technology 2 Vent... (LSE:OXH)
Historical Stock Chart
From May 2023 to May 2024