If you are looking for Oxford Technology Management or the OT(S)EIS fund, please click here.
KID
The Oxford Technology 2 VCT KID documents are available here:
Oxford Technology VCTs 2024 Interim Results
The Oxford Technology 2 VCT 2024 Half Yearly Report is available here:
Results of AGM
All resolutions were passed. The results of the 2024 AGM can be seen here
The presentation can be found here
Oxford Technology 2 VCT - Annual Reports 23/24
Oxford Technology 2 VCT has its published Annual report
The Report which covers all four classes can be downloaded from the Latest News bar on the right.
Oxford Technology VCTs - Q3 NAV
Oxford Technology 2 VCT has published Q3 2023 NAVs
The RNS which covers all four classes can be downloaded from the Latest News bar on the right.
Oxford Technology VCTs 2023 Interim Results
The Oxford Technology VCT 2023 Half Yearly Report is available here:
Oxford Technology VCTs 2023 AGM
The Oxford Technology VCT 2023 AGM Presentation and Results are available here:
Oxford Technology VCTs - Q1 NAV
Oxford Technology 2 VCT has published Q1 2023 NAVs
The RNS which covers all four classes can be downloaded from the Latest News bar on the right.
Oxford Technology VCTs - Annual and 12 Month Interim Reports 22/23
Oxford Technology 2 VCT has published Annual and 12 Month Interim reports
The Report which covers all four classes can be downloaded from the Latest News bar on the right.
Oxford Technology VCTs - Updated NAV
The Oxford Technology VCTs have published updated NAVs to 30 Nov 2022
OT VCT - 49.9p per share
OT2 VCT - 26.0p per share
OT3 VCT - 38.6p per share
OT4 VCT - 29.1p per share
The RNS can be downloaded from the Latest News bar on the right.
The Oxford Technology VCTs have announced a reduction of the share capital
The Oxford Technology VCTs have announced the result of the Second General Meeting
The Oxford Technology VCTs will now merge into OT2 VCT Plc, with each of the old VCTs now being a class of OT2 VCT shares
The Oxford Technology VCTs have announced a proposed merger and Oxford Technology 2 VCT PLC has also launched an offer for a subscription of new Leisure Shares.
OT4 Result of General Meeting RNS
OT2 Result of General Meeting RNS
OT3 Result of General Meeting RNS
OT4 Result of General Meeting RNS
Please find the Covering Letters, Circulars and Notices of General Meetings, Proposed New Articles, Prospectus and application pack below.
Edition Capital VCT Application Pack
Edition Capital VCT Key Information Document (KID)
Oxford Technology VCTs - Updated NAV
The Oxford Technology VCTs have published updated NAVs to 17 May 2022
OT VCT - 42.6p per share
OT2 VCT - 32.3p per share
OT3 VCT - 42.2p per share
OT4 VCT - 40.8p per share
Oxford Technology VCTs - Annual and 12 Month Interim Reports 21/22
The Oxford Technology VCTs have published Annual and 12 Month Interim reports
The Reports can be downloaded from the Latest News bar on the right.
Oxford Technology VCTs - Proposed Merger - Change of Auditor - Change of Accounting date
The Oxford Technology VCTs have announced a proposed merger. The RNS can be read here
Oxford Technology VCTs - Q3 Results
The Oxford Technology VCTs have made Q3 Results Announcements .
The Q3 Results can be downloaded from the Latest News bar on the right.
Oxford Technology VCTs - Interims
The Oxford Technology VCTs have made Interim Announcements .
The Interims can be downloaded from the Latest News bar on the right.
The Oxford Technology VCTs AGM and Shareholder Presentations 2021
This year Oxford Technology VCTs held a live presentation on the 28th of July and online presentation on the 12th of August. These were followed on the 25th of August by an online meeting to consider only the formal business of the AGM.
The results of the AGM can be seen here:
A set of Q&As have been prepared on the basis of questions asked before and during the two second shareholder presentations.
The following presentations were made on the 28th of July.
Oxford Technology VCT Plc Strategy Presentation(OT1)
Oxford Technology 2 VCT Plc Strategy Presentation(OT2)
Oxford Technology 3 VCT Plc Strategy Presentation(OT3)
Oxford Technology 4 VCT Plc Strategy Presentation(OT4)
Oxford Technology Management Portfolio Presentation
A video presentation was made by Scancell and can be seen here
The Oxford Technology VCTs AGM 2020
The AGMs for the Oxford Technology VCTs were held virtually at 2pm on Thursday 9 July 2020.
All the resolutions (for each VCT) were passed on a poll. The presentation, which includes details of the proxy votes received in advance, can be viewed here.
The OT VCTs received some questions ahead of the AGM which we present together with answers to those questions here.
If have any further questions, please email vcts@oxfordtechnology.com
The Oxford Technology VCTs
VCTs were introduced by the UK Government in 1995 to encourage individuals to invest in UK smaller companies. This was achieved by offering VCT investors a series of tax benefits.
OT VCT was listed on the London Stock Exchange in April 1997. It raised £4.85m in 1997-98. Further top-up offers have raised an additional £245k.
OT2 VCT was listed on the London Stock Exchange in April 2000. It raised £6m in 2000-01. Further top-up offers have raised an additional £468k.
OT3 VCT was listed on the London Stock Exchange in 2002. It raised £5.4m in 2002-03. Further top-up offers have raised an additional £995k.
OT4 VCT was listed on the London Stock Exchange in 2004. It raised £10.2m. Further top-up offers have raised an additional £679k.
Investment Strategy
All four of the Oxford Technology VCTs have built a balanced portfolio of qualifying investments with the following characteristics at the time of initial investment:
- Unlisted, UK based, science, technology and engineering businesses (investee companies Scancell Holdings Plc, Abzena Plc and MirriAd Advertising Plc have subsequently listed on AIM, and in 2015 Impact Applications was bought by AIM listed Castleton Technology Plc)
- Investments typically in the range of £100k to £500k, although a few investments outside this range have been contemplated
- Generally located within approximately 60 miles of Oxford so that the Company can be an active investor
The key feature of the Oxford Technology VCTs is that they focus on investing in early stage and start-up technology companies. Early stage companies are those which have received some initial sales. Start-up companies are those which are at an earlier stage; they will usually have already developed their initial product or service and be close to achieving their first sales.
The returns from such investments when successful can be highly attractive but the associated risks are high. It is intended that most of this risk will relate more to technical success or failure than to fluctuations in the major financial markets. As a result, the fund can act as a strong diversifier to a shareholder’s overall portfolio by providing exposure to a different risk / reward profile from mainstream markets.
All the Oxford Technology VCTs have been approved as VCTs by HMRC and continues to comply with all statutory requirements.
Companies’ objectives are to maximise shareholder value and so we continue to work with our investee companies to help them succeed and to seek exits as and when appropriate. The aim is to build shareholder value, providing investors with a modest ongoing yield and one-off payments as and when exits are achieved. Distributions to shareholders will be made via dividend payments or, if it is considered to be in shareholders’ interests, using other mechanisms such as buybacks (e.g. a tender offer).
Shareholder Scams
We have recently become aware that our shareholders receive unsolicited phone calls or correspondence concerning investment matters. These are usually from overseas based 'brokers' who target UK shareholders, offering to buy VCT shares off them at an inflated price in return for upfront payment. Alternatively, they may offer to sell shares that turn out to be worthless or non-existent.
Keep in mind that firms authorised by the FCA are unlikely to contact you out of the blue with an offer to buy or sell shares. You can check the Financial Services Register from www.fca.org.uk to see if the person and firm contacting you is authorised by the FCA.
For further information on share fraud and boiler room scams or to report a fraudulent call, please visit the FCA website at www.fca.org.uk/scamsmart
Latest News
Oxford Technology 2023 Interim Accounts
OT2 VCT 2024 Half Yearly Report
Oxford Technology Q1 2024 NAV
Oxford Technology 2 VCT Annual Report
OT2 VCT Annual Report 29 Feb 2024
Oxford Technology Q3 2023 NAV
Oxford Technology 2023 Interim Accounts
OT2 VCT 2023 Half Yearly Report
Oxford Technology Q1 2023 NAV
Oxford Technology VCT Annual Report
OT2 VCT Annual Report 28 Feb 2023
Oxford Technology VCTs - Updated NAVs
OT2 Interim Accounts
Click here to view OT2 Interim Accounts
Oxford Technology VCTs - Completion of Merger and Related Regulatory News
OT1 Second General Meeting Results
OT3 Second General Meeting Results
OT4 Second General Meeting Results
Oxford Technology VCTs - Updated NAVs
Oxford Technology VCTs - Annual and 12 month Interim Reports
The Oxford Technology VCTs have published Annual and 12 Month Interim Reports
OT 12 Month Interim Report 21-22
OT3 12 Month Interim Report 21-22
OT4 12 Month Interim Report 21-22
Oxford Technology VCTs - Q3 2021
The Oxford Technology VCTs have announced the 2021 Third Quarter Results
Oxford Technology VCTs - Interims 2021
The Oxford Technology VCTs have announced the 2021 Interims
Monday October 11th, 2021
Oxford Technology 3 VCTs - Dividend Declaration and Announcement of Share Buyback.
The Oxford Technology 3 VCT has declared a dividend and announced a share buyback.
For more information, please consult the RNS using the following links:
Thursday September 23th, 2021
Oxford Technology VCTs - 2, 3, 4. Effect of Arecor Shareprice on NAV
The Oxford Technology VCTs have made announcements
For more information, please consult the RNSs using the following links:
Friday September 24th, 2021
Oxford Technology VCTs - Strategy Updates
The Oxford Technology VCTs have made announcements regarding strategy and company operations
For more information, please consult the RNSs using the following links:
Thursday, June 30th, 2021
Oxford Technology VCTs - Quarterly Updates
The Oxford Technology VCTs have made First Quarter Results Announcements.
For more information, please consult the RNSs using the following links:
Thursday, June 30th, 2021
Proposed New Articles
Proposed New Articles and Redline vs Old Articles
Wednesday, June 30th, 2021VCT Annual Report and Accounts
The Annual Report and Accounts for OT1, OT2, OT3 and OT4 to 28th Feb 2021 are now available to download
Wednesday, June 30th, 2021VCT Quarterly Updates
The Oxford Technology VCTs have made Third Quarter Results Announcements.
Please find the reports available below:
Friday, 18th December, 2020
VCT Half-yearly Reports
On 9th October 2020, all four Oxford Technology VCTs released Half-yearly Reports:
Please find the reports available below:
Friday, 9th October, 2020
Oxford Technology 4 VCT - Dividend Declaration
The Oxford Technology 4 VCT has announced an interim dividend.
For more information, please consult the RNS using the following links:
Monday, July 6th, 2020
Oxford Technology VCTs - Quarterly Updates
The Oxford Technology VCTs have made First Quarter Results Announcements.
For more information, please consult the RNSs using the following links:
Thursday, May 21st, 2020
VCT Annual Report and Accounts
The Annual Report and Accounts for OT1, OT2, OT3 and OT4 to 29th Feb 2020 are now available to download:
Thursday, May 21st, 2020
Oxford Technology VCTs - Annual Accounts 29 February 2020 RNS announcement
The Oxford Technology VCTs have released their Annual Accounts for the year ending 29 February 2020.
For more information, please consult the RNSs using the following links:
Thursday, May 21st, 2020