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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.

KID

The Oxford Technology 2 VCT KID documents are available here:

OT2 KID

OT1 KID

OT3 KID

OT4 KID

Oxford Technology VCTs 2024 Interim Results

The Oxford Technology 2 VCT 2024 Half Yearly Report is available here:

Unaudited Half Yearly Report

Results of AGM

All resolutions were passed. The results of the 2024 AGM can be seen here

AGM Results

The presentation can be found here

AGM Presentation

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:

Unaudited Half Yearly Report

Oxford Technology VCTs 2023 AGM

The Oxford Technology VCT 2023 AGM Presentation and Results are available here:

Presentation

Results

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

RNS Capital Reduction



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

OT1 Second General Meeting

OT3 Second General Meeting

OT4 Second General Meeting

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

OT2 Result of AGM RNS

OT1 s593 Valuation

OT3 s593 Valuation

OT4 s593 Valuation

Please find the Covering Letters, Circulars and Notices of General Meetings, Proposed New Articles, Prospectus and application pack below.

OT2 Prospectus

Edition Capital VCT Application Pack

OT1 Covering Letter

OT2 Covering Letter

OT3 Covering Letter

OT4 Covering Letter

OT1 Circular

OT2 Circular

OT3 Circular

OT4 Circular

Edition Capital VCT Key Information Document (KID)

OT2 Proposed New Articles

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

Proposed Merger RNS

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:

AGM VOTES

A set of Q&As have been prepared on the basis of questions asked before and during the two second shareholder presentations.

OT VCT Q&A

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

OT2 VCT Q1 2024 NAV

Oxford Technology 2 VCT Annual Report

OT2 VCT Annual Report 29 Feb 2024

Oxford Technology Q3 2023 NAV

OT2 VCT Q3 2023 NAV

Oxford Technology 2023 Interim Accounts

OT2 VCT 2023 Half Yearly Report

Oxford Technology Q1 2023 NAV

OT2 VCT Q1 2023 NAV

Oxford Technology VCT Annual Report

OT2 VCT Annual Report 28 Feb 2023

Oxford Technology VCTs - Updated NAVs

NAVs for 30 Nov 2022

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

OT2 Completion of Merger

OT3 Second General Meeting Results

OT4 Second General Meeting Results

Oxford Technology VCTs - Updated NAVs



OT1 NAV Update

OT2 NAV Update

OT3 NAV Update

OT4 NAV Update

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

OT2 Annual 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



OT2 Q3 2021

OT2 Q3 2021

OT3 Q3 2021

OT4 Q3 2021

Oxford Technology VCTs - Interims 2021

The Oxford Technology VCTs have announced the 2021 Interims



OT1 2021 Interims

OT2 2021 Interims

OT3 2021 Interims

OT4 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:



OT3 RNS

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:



OT2 RNS

OT3 RNS

OT4 RNS

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:



OT1 RNS

OT2 RNS

OT3 RNS

OT4 RNS

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:



OT1 RNS

OT2 RNS

OT3 RNS

OT4 RNS

Thursday, June 30th, 2021

Proposed New Articles

Proposed New Articles and Redline vs Old Articles

OT1 VCT Proposed Articles

OT2 VCT Proposed Articles

OT3 VCT Proposed Articles

OT4 VCT Proposed Articles

OT1 Articles Redline

OT2 Articles Redline

OT3 Articles Redline

OT4 Articles Redline

Wednesday, June 30th, 2021

VCT Annual Report and Accounts

The Annual Report and Accounts for OT1, OT2, OT3 and OT4 to 28th Feb 2021 are now available to download

OT1 VCT Accounts 20-21

OT2 VCT Accounts 20-21

OT3 VCT Accounts 20-21

OT4 VCT Accounts 20-21

Wednesday, June 30th, 2021

VCT Quarterly Updates

The Oxford Technology VCTs have made Third Quarter Results Announcements.



Please find the reports available below:



OT1 RNS

OT2 RNS

OT3 RNS

OT4 RNS

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:



OT1 Interim Statement 2020

OT2 Interim Statement 2020

OT3 Interim Statement 2020

OT4 Interim Statement 2020

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:



OT4 Dividend Declaration

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:



OT1 RNS

OT2 RNS

OT3 RNS

OT4 RNS

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:



OT1 VCT Accounts 19-20

OT2 VCT Accounts 19-20

OT3 VCT Accounts 19-20

OT4 VCT Accounts 19-20

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:



OT1 RNS

OT2 RNS

OT3 RNS

OT4 RNS

Thursday, May 21st, 2020

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