Oxford Technology Oxford Technology Vct Plc : 3rd Quarter Results

 
TIDMOXT 
 
 
   Oxford Technology VCT PLC 
 
   Update for the quarter ending 30 November 2015 
 
   Oxford Technology VCT PLC presents its quarterly update for the period 
commencing 1 September 2015. 
 
   The Directors have recently reviewed the valuation of its portfolio as 
at 30 November 2015. 
 
   The unaudited net asset value per ordinary share as at 30 November 2015 
was 49.8p.  This is a fall of 18p from the previously published NAV for 
the period ending 31 August 2015 primarily due to the fall 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 
13.0p.  Following the period end, the Scancell share price has risen. 
Taking the bid price of 20.5p at close of trading on 6 January 2016, the 
effect of this rise has been to increase Scancell's contribution to NAV 
by 9.5p, increasing the VCT's NAV to 59.3p assuming no other changes. 
 
   The total number of ordinary shares in issue is 5,431,655. 
 
   7 January 2016 
 
   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 VCT plc via Globenewswire 
 
   HUG#1977488 
 
 
  http://www.oxfordtechnology.com/

(END) Dow Jones Newswires

January 07, 2016 12:30 ET (17:30 GMT)

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