Oxford Technology Proposals Regarding The Sub-division And Reclassification Of Share Capital
26 August 2021 - 1:30AM
UK Regulatory
TIDMOXT
Oxford Technology VCT Plc
25 August 2021
This announcement is made by Oxford Technology VCT Plc (the
"Company") in connection with proposals by the Company to effect a
share restructuring (to subdivide the existing ordinary shares of
10p each in the share capital of the Company into ordinary shares
of 1p each and deferred shares of 9p each (the "Share
Restructuring").
The Board is pleased to announce that at the annual general
meeting of the Company held on 25 August 2021, resolution 13 as set
out in the notice of annual general meeting attached to annual
report and accounts of the Company for the year ended 28 February
2021 (such resolutions being proposed in connection with various
changes to the articles of association and the Share Restructuring)
were duly passed.
The Board announces that the Share Restructuring has now been
effected and that the Company's issued share capital is 5,431,655
ordinary shares of 1p each and 5,431,655deferred shares of 9p each.
The deferred shares will not be listed and will be purchased by the
Company for cancellation shortly. The Share Restructuring does not
impact the value of shareholders' holdings.
Enquiries:
Lucius Cary on 01865 784466
(END) Dow Jones Newswires
August 25, 2021 11:30 ET (15:30 GMT)
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