TIDMOTT 
 
 
   Oxford Technology 3 VCT PLC 
 
   Update for the quarter ending 31 May 2015 
 
   Oxford Technology 3 VCT PLC presents its quarterly update for the period 
commencing 1 March 2015. 
 
   The Directors have recently reviewed the valuation of its entire 
portfolio as at the quarter ending 31 May 2015. 
 
   The unaudited net asset value per ordinary share as at 31 May 2015 was 
103.3p.  This is a rise of 7.7p from the previously published NAV for 
the year ending 28 February 2015 due to an increase in the price of 
Scancell Holdings Plc's shares quoted on AIM.  The bid price of 
Scancell's shares used for the calculation of the End of Period NAV was 
35.25p.  The valuation of Telegesis has also been increased due to its 
rising sales performance. 
 
   The total number of ordinary shares in issue is 6,785,233. 
 
   In June 2015 the Company sold 58,000 shares in Abzena at a price of 86p. 
The Company retains 190,541 shares. 
 
   A number of changes relating to new management and performance fee 
arrangements, a Common Board and the self-managed structure were 
announced with the results for the year to 28 February 2015.   The 
previous performance fee accrual of GBP95k at the year end has been 
reversed following these revised threshold arrangements.  A new accrual 
of GBP12k has been made. 
 
   The Directors are not aware of any other events or transactions which 
have taken place between 31 May 2015 and the publication of this 
statement which have had a material effect on the financial position of 
the Company. 
 
   16 July 2015 
 
   Enquiries: 
 
   Lucius Cary, Oxford Technology Management 
 
   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#1939460 
 
 
  http://www.oxfordtechnology.com
Oxford Technology 3 Vent... (LSE:OTT)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Oxford Technology 3 Vent... Charts.
Oxford Technology 3 Vent... (LSE:OTT)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Oxford Technology 3 Vent... Charts.