TIDMOXH 
 
   The Board notes that on 3 June 2021 Arecor Therapeutics plc ("Arecor"), 
one of Oxford Technology 2 VCT Plc's ("OT2") investee companies, floated 
on AIM raising GBP20m via a placing at 226p per Arecor share. The 
flotation was a success and the Arecor bid price at close had risen to 
238p per Arecor share. 
 
   The most recently published unaudited net asset value (NAV) for OT2 at 
30 November 2020 was 24.5p per share. 
 
   Compared to this last published OT2 NAV, the impact of the Arecor 
flotation in isolation is an increase in the OT2 NAV of GBP219k, or 4.1p 
per OT2 share. 
 
   Further detail -- including an updated OT2 NAV as at 28 February 2021 
and 31 May 2021 -- will be available in the annual report which is 
expected to be released towards the end of this month. 
 
   For further information contact: 
 
   Oxford Technology Management 
 
   Lucius Cary 
 
   01865 784466 
 
 
 
 

(END) Dow Jones Newswires

June 07, 2021 02:00 ET (06:00 GMT)

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