Oxford VCT2 Jun 2026 15:21
"OXFORD - Oxford Technology 2 VCT Plc reported its unaudited net asset value per share for the three-month period ending May 31, 2026, according to a press release statement.
The OT1 share class increased 24.1% to 51.0 pence per share from 41.1 pence on February 28, 2026. The OT3 share class rose 27.1% to 24.0 pence from 18.9 pence. The OT2 share class gained 10.1% to 19.4 pence from 17.6 pence. The OT4 share class declined 3.9% to 19.6 pence from 20.4 pence.
The company attributed the changes primarily to movements in two AIM-quoted holdings. Scancell Holdings Plc shares increased from 13.3 pence on February 28, 2026 to 23.5 pence on May 31, 2026, briefly reaching approximately 28 pence on May 19, 2026. This benefited the OT1 and OT3 share classes, which hold the majority of Scancell shares.
The company sold 900,000 Scancell shares during the quarter for liquidity purposes, representing just over 8% of its total holding as of February 28, 2026. Sales occurred at multiples between 1.7 and 4.4 times original cost. The company retains nearly 10 million Scancell shares across its share classes."