Regulatory News


Oxford Technology VCT plc : Increase in value of the Company's holding in Scancell Holdings plc

Fri, 17th Aug 2012 18:51


For Immediate Release                                        17(th) August 2012

OXFORD TECHNOLOGY VCT PLC
(the "Company")

Increase in value of the Company's holding in Scancell Holdings plc

The Company holds 8,333,300 Ordinary Shares in Scancell Holdings plc
("Scancell"), an AiM listed company (SCLP). At the date of the Company's Interim
Management Statement, published on the 29(th) June 2012, the Company's holding
in Scancell was valued using the Bid Price as at 31(st) May 2012 of 9.25 pence
per share.

The Bid Price for Scancell shares has been rising and at 14.30 on 17(th) August
2012 was 32.75 pence per share. This values the Company's holding in Scancell at
£2.73m.
This change in value of the holding equates to an increase in the Company's Net
Asset Value per Share of 36.05 pence. However, the Directors caution that this
increase does not take into account any potential changes in the value of other
assets held by the Company since the last Interim Management Statement.

Investors should note that any further fluctuation in the price of Scancell
could have a further material effect on the Company's Net Asset Value.

17 August 2012

Further Enquiries

Lucius Cary on 01865 784466

This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Oxford Technology VCT plc via Thomson Reuters ONE
[HUG#1634820]





Back to Regulatory News


Sign up for Live Prices


Datafeed and UK data supplied by NETbuilder and Interactive Data. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.