Net Asset Value
February 24 2022 - 8:30AM
Net Asset Value
Oxford Technology 2 VCT Plc – NAV
Update
Oxford Technology 2 VCT Plc (“OT2”) announces an
update to the unaudited Net Asset Value (“NAV”) of the Company from
the third quarter figures issued to 30 November 2021, based on
movements in its AIM quoted investments and an estimate of running
costs.
As at 23 February 2022 the NAV has fallen by 10%
from 34.9p to 31.5p.
This share price of both quoted stocks has
fallen - Arecor Therapeutics Plc (“Arecor”) (380p to 350p) and
Scancell Holdings Plc (“Scancell”) (20p to 13p).
The valuations of the other holdings have been
left unchanged for the purposes of this NAV update. Fuller
results for the 12 month period ending on 28 February 2022 will be
announced in due course.
Shareholders should note that for every 10p per
share change in Arecor’s bid price, the NAV moves by about 0.5p per
OT2 share.
The total number of ordinary shares in issue is
5,331,889.
This announcement contains inside information as
stipulated under the UK version of the Market Abuse Regulation No
596/2014 which is part of English Law by virtue of the European
(Withdrawal) Act 2018, as amended. Upon the publication of this
announcement via a Regulatory Information Service, this information
is now considered to be in the public domain.
24 February 2022
Enquiries: Lucius Cary Oxford Technology Management 01865
784466
LEI: 213800TXRQEIU31IP105
Oxford Technology 2 Vent... (LSE:OXH)
Historical Stock Chart
From Mar 2024 to Apr 2024
Oxford Technology 2 Vent... (LSE:OXH)
Historical Stock Chart
From Apr 2023 to Apr 2024