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Oxford Technology is the specialist
in the start-up and early stage technology sector
Tax Shelter Report, Allenbridge

If you are looking for Oxford Technology Management or the OT(S)EIS fund, please click here.

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.

Oxford Technology VCT Plc (OT1) 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.

Oxford Technology 2 VCT Plc (OT2) 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.

Oxford Technology 3 VCT Plc (OT3) 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.

Oxford Technology 4 VCT Plc (OT4) 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 VCT 2 - Dividend Declaration

Following the receipt of the final proceeds from the sale of OC Robotics earlier in the financial year, the Directors of Oxford Technology 2 VCT Plc are today declaring an interim capital dividend of 1.5 pence per share for the year to 29 February 2020.


For more information, please consult the RNS using the following link:


OT2 RNS

Friday, Janury 24th, 2020

Oxford Technology VCTs - Quarterly Updates

The Oxford Technology VCTs have released their quarterly updates for the quarter ending 30 November 2019.


For more information, please consult the RNSs using the following links:


OT1 RNS

OT2 RNS

OT3 RNS

OT4 RNS

Thursday, December 12, 2019

Notification of Major Interest in Shares

A Notification of Major Interest in Shares was issued for OT3. To read the RNS, please follow this link:


OT3 RNS

Monday, December 9, 2019

Notification of Major Interest in Shares

A Notification of Major Interest in Shares was issued for OT1. To read the RNS, please follow this link:


OT1 RNS

Wednesday, October 16, 2019

Notification of Major Interest in Shares

A Notification of Major Interest in Shares was issued for OT1. To read the RNS, please follow this link:


OT1 RNS

Thursday, October 10, 2019

Earlier news stories »