26 May 2009 13:50
For Immediate Release
26 May 2009
OXFORD TECHNOLOGY VCT PLC
ALLOTMENT OF NEW SHARES
RETIREMENT OF SIR MARTIN WOOD
The Board is delighted to announce the allotment and issue of 229,943 new ordinary shares of 10 pence each ("New Shares").
The New Shares were allotted at a price of 40p per New Share.
The Company's total issued share capital now comprises 5,291,075 shares of 10 pence each ("Shares")
Certain of the directors have subscribed for Shares.
| Name of Director | No of New Shares | Total Shares | Percentage |
| John Jackson | 5,000 | 49,000 | 0.9% |
| Richard Vessey | 12,500 | 232,500 | 4.4% |
Application has been made to list the New Shares.
The Board also announces the retirement of Sir Martin Wood as a director. The Board thanks him for his immense contribution and support of the VCT over the years.
Further enquiries
Lucius Cary 01865 784466
OXT.L (OXT)