26 May 2009 13:50
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For Immediate Release
26 May 2009
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OXFORD TECHNOLOGY VCT PLC
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ALLOTMENT OF NEW SHARES
RETIREMENT OF SIR MARTIN WOOD
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The Board is delighted to announce the allotment and issue of 229,943 new ordinary shares of 10 pence each ("New Shares").
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The New Shares were allotted at a price of 40p per New Share.
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The Company's total issued share capital now comprises 5,291,075 shares of 10 pence each ("Shares")
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Certain of the directors have subscribed for Shares.
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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% |
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Application has been made to list the New Shares.
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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.
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Further enquiries
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Lucius Cary 01865 784466
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