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OXFORD, UK - Oxford Technology 2 VCT plc (OT2) reported a 20% decrease in its net asset value (NAV) per share for the year ended February 28, 2025, according to the company’s annual financial report.
The audited NAV per share fell to 15.2 pence, down from 18.9 pence reported in the unaudited figures from August 31, 2024. The company did not provide specific reasons for the decline in its announcement.
The report also revealed performance figures for related VCTs managed by Oxford Technology Management Limited. Oxford Technology 1 VCT saw a 22% decrease in NAV to 36.6 pence per share, while Oxford Technology 3 VCT experienced a more significant 34% drop to 15.1 pence. Oxford Technology 4 VCT showed the smallest decline at 7%, with NAV falling to 19.8 pence per share.
As of February 28, 2025, the company’s issued share capital consisted of 27,844,888 shares, with no shares held in treasury.
The company announced its Annual General Meeting will be held on October 7, 2025, at the Magdalen Centre, Oxford Science Park. Shareholders wishing to attend are asked to notify the company in advance.
The annual report and financial statements will be sent to shareholders and made available on the company’s website and at the National Storage Mechanism, according to the press release statement.
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