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Oxford Technology is the specialist
in the start-up and early stage technology sector
Tax Shelter Report, Allenbridge
Oxford Technology is the specialist
in the start-up and early stage technology sector
Tax Shelter Report, Allenbridge
Oxford Technology is the specialist
in the start-up and early stage technology sector
Tax Shelter Report, Allenbridge

Welcome to Oxford Technology

The OT(S)EIS Fund - Currently Open for Investment

OT(S)EIS Portfolio

Further details can be found in our lastest quarterly report, downloadable below. The figure refers to the total investments made within the fund and does not include undeployed capital. Fair value is based on the latest share price but does not represent exits nor realised returns for investors. It should be noted that past performance is not a reliable indicator of future results. For more information, call us now on 01865 784466.

"I have been thoroughly impressed with the portfolio of investments you have created for me. As well as showing some extremely positive early successes, these investments are also well distributed and in technologies that I would not normally be able to access." - Current Investor in OT(S)EIS

OT(S)EIS Information Memorandum

OT(S)EIS Application pack

Latest Quarterly Report - OT(S)EIS 30 Sep 2016

For more than 30 years, Oxford Technology has specialised in investing in start-up and early stage technology companies based near Oxford. Investments in start-up technology companies are notoriously among the highest risk forms of investment. There are so many things which can and do go wrong. But the SEIS scheme greatly reduces the losses on any failures. And the other side of the high risk coin is that the capital gains when things go well can be substantial. And under the SEIS and EIS schemes all such gains are free of tax.

OT(S)EIS made its first investment is 2012, and by May 2016 had made 22 investments. So far there have been two failures (there will surely be more) but because of the very generous tax reliefs, the losses on these are only £33,000. Three companies have gone well (there will surely be more) and the gains of these (so far only on paper) are more than £3m. So one can begin to see the effect of the generous tax reliefs on the results.

The Magdalen Centre

OT(S)EIS remains open for investment at any time. Investors in the fund get a portfolio of SEIS and EIS investments after three years.

Information on this fund, and how to apply, can be found here: OT(S)EIS Information


Previous Funds

Oxford Technology also continues to manage four of its previous funds, the Oxford Technology Venture Capital Trusts. These are now fully invested, but information on these funds can be found here: Venture Capital Trusts

Latest News

Oxford Technology Management Wins Best SEIS & EIS Fund Award

Wealth and Finance International's 2016 Fund Awards press release announced that Oxford Technology Management is the Winner of the UK's Best SEIS & EIS Fund Award.

Wednesday, November 2, 2016

Announcement of correction

This is a correction of the announcement from 11:00 19.10.2016 BST. Reason for the correction: Correction to portfolio table. The RNS concerning the Interim Accounts for Oxford Technology 4 VCT to 31 August 2016, issued on 19 October, was missing a line in the portfolio table on page 3. This RNS, issued on 26 October includes the missing line. To read the RNS, please follow this link:


"CORRECTION: OXFORD TECHNOLOGY 4 VCT PLC : HALF-YEARLY REPORT"

Wednesday, October 26, 2016

Notification of Major Interest in Shares

A Notification of Major Interest in Shares was issued for OT1. To read the RNS, please follow this link:


"TR-1 RNS"

Monday, October 24, 2016

VCT Half-yearly Reports

On 19 October 2016, all four Oxford Technology VCTs released Half-yearly Reports.


Please find the reports available below:


OT1 Interim Statement 2016.pdf

OT2 Interim Statement 2016.pdf

OT3 Interim Statement 2016.pdf

The content for OT4 Interim Statement 2016 is superseded by the corrected version released on 26th October 2016

Wednesday, 19th October, 2016

Dividend RNS Correction for OT1 VCT

On 12 July 2016 Oxford Technology VCT plc released a RNS with a correction to the Dividend Payment Date.


For more information, please consult the RNS using the following link:


OT1 RNS

Tuesday, 12th July, 2016

AGM Results

The AGMs for all four Oxford Technology VCTs took place on the 8th of July 2016. All resolutions put forward at the AGMs were passed.


The proxy results were as follows:

Proxy Votes OT1 AGM 2016

Proxy Votes OT2 AGM 2016

Proxy Votes OT3 AGM 2016

Proxy Votes OT4 AGM 2016

For more information, please consult the RNSs using the following links:

OT1 RNS

OT2 RNS

OT3 RNS

OT4 RNS


The Oxford Technology Management Presentation can be viewed using the following link:

OTM AGM Presentation


Investee presentations can be found below:

Scancell

Ixaris

Plasma Antennas

Friday, July 8, 2016

Oxford Technology VCTs - Quarterly Updates

The Oxford Technology VCTs have released their quarterly updates for the quarter ending 31 May 2016.


For more information, please consult the RNSs using the following links:


OT1 RNS

OT2 RNS

OT3 RNS

OT4 RNS

Friday, July 8, 2016

Oxford Technology VCTs - AGM Proxy Forms

The Oxford Technology VCTs will hold their AGMs on the 8th July 2016.


For copies of the proxy forms, please use the following links:


OT1

OT2

OT3

OT4

Friday, June 10, 2016

VCT Annual Report and Accounts

The Annual Report and Accounts for OT1, OT2, OT3 and OT4 to 29th Feb 2016 are now available to download:

OT1 Annual Statement 2016.pdf

OT2 Annual Statement 2016.pdf

OT3 Annual Statement 2016.pdf

OT4 Annual Statement 2016.pdf

Friday, May 27, 2016

Dividend Declaration for OT3 VCT

On 21 April 2016 Oxford Technology 3 VCT plc announced a dividend.


For more information, please consult the RNS using the following link:


OT3 RNS

Thursday, April 21, 2016

Notification of Major Interest in Shares

A Notification of Major Interest in Shares was issued for OT1. To read the RNS, please follow this link:


"TR-1 RNS"

Monday, April 18, 2016

Registrar Change - 29th February 2016

Oxford Technology announces that OT1, OT2, OT3 and OT4 VCTs share registers will be administered by Neville Registrars Limited with effect from Monday 29th February 2016.

From this date, correspondence from shareholders should be sent to:

Neville Registrars Limited

Neville House

18 Laurel Lane

Halesowen

West Midlands B63 3DA

Telephone: 0121 585 1131

General shareholder queries can also be sent to : info@nevilleregistrars.co.uk

Monday, February 29, 2016

Dividend Declaration for OT2, OT3 and OT4 VCTs

On 12 January Oxford Technology 2 VCT plc, Oxford Technology 3 VCT plc and Oxford Technology 4 VCT plc each announced a dividend.


For more information, please consult the RNSs using the following links:


OT2 RNS

OT3 RNS

OT4 RNS

Tuesday, January 12, 2016

Oxford Technology VCTs release Quarterly Updates

The Oxford Technology VCTs have released their quarterly updates for the quarter ending 30 November 2015. The unaudited Net Asset Values per Share as at that date are as follows:


OT1 VCT - 49.8p Dividends to date 52.7p


OT2 VCT - 30.6p Dividends to date 10.5p


OT3 VCT - 103.5p Dividends to date 10.0p


OT4 VCT - 79.5p Dividends to date 27.0p


For more information, please consult the RNSs using the following links:


OT1 RNS

OT2 RNS

OT3 RNS

OT4 RNS

Friday, January 8, 2016

Notification of Major Interest in Shares

A Notification of Major Interest in Shares was issued for OT1. To read the RNS, please follow this link:


"TR-1 RNS"

Wednesday, December 23, 2015

Notification of Major Interest in Shares

A Notification of Major Interest in Shares was issued for OT2. To read the RNS, please follow this link:


"TR-1 RNS"

Friday, December 4, 2015

VCT Interim Results Announced

The Net Asset Values as at 31st August 2015 have been announced as:


OT1 VCT - 67.8p Dividends to date 52.7p


OT2 VCT - 30.1p Dividends to date 10.5p


OT3 VCT - 105.5p Dividends to date 10.0p


OT4 VCT - 73.6p Dividends to date 27.0p


The Interim Statements are available to download from the VCT section of this website.

Wednesday, October 28, 2015

Investee company 'Lightpoint Medical' in the news

Lightpoint Medical, an investee company from the OT(S)EIS fund, has received CE approval for its LightPath imaging system. To read the more about it, please follow this link:


"News-Medical article"

Tuesday, October 20, 2015

Investee company 'Animal Dynamics' in the news

One of OT(S)EIS's investee companies, Animal Dynamics, has been featured in the Economist. To read the article, please follow this link:


"Flapping About - Biomechanics: Replacing a propeller with a flapping fin could help a team of zoologists set a new speed record on the water"

Monday, September 7, 2015

AGM Results

The AGMs for all four Oxford Technology VCTs took place on the 26th of August. All resolutions were passed.


The Proxy Votes were as follows:

Proxy Votes OT1 AGM 2015

Proxy Votes OT2 AGM 2015

Proxy Votes OT3 AGM 2015

Proxy Votes OT4 AGM 2015

Wednesday, August 26, 2015

Oxford Technology VCTs - Notice of AGM & Proxy Forms

The Oxford Technology VCTs will hold their AGMs on the 26th August 2015.


For copies of the formal notice and proxy forms, please use the following links:


OT1

OT2

OT3

OT4

Tuesday, July 21, 2015

Oxford Technology VCTs release Quarterly Updates

The Oxford Technology VCTs have released their quarterly updates for quarter ending 31 May 2015. The unaudited Net Asset Values at that date are as follows:


OT1 VCT - 75p Dividends to date 52.7p


OT2 VCT - 28.6p Dividends to date 10.5p


OT3 VCT - 103.3p Dividends to date 10p


OT4 VCT - 79p Dividends to date 17p, with a further 10p dividend announced for payment on 7th August 2015


For more in depth details, please consult the RNSs using the following links:


OT1 RNS

OT2 RNS

OT3 RNS

OT4 RNS

Thursday, July 16, 2015

Oxford Technology VCTs announce changes to their Boards

The Oxford Technology VCTs have appointed new Directors. They will now have a common board of 4 Directors (Alex Starling, Richard Roth, Robin Goodfellow, and David Livesley).


For more in depth details, please consult the RNSs released today using the following links:

OT1 RNS

OT2 RNS

OT3 RNS

OT4 RNS

Friday, July 03, 2015

Lightpoint Medical wins UKBAA Award for Best Crowdfunding-Angel Investment of the Year

One of OT(S)EIS' Investee Companies has just won this prestigious award. For further details, please visit their LinkedIn page here:


LinkedIn - Lightpoint Medical Thursday, July 02, 2015

VCT Annual Financial Results Announced

The Net Asset Values as at 28th February 2015 have been announced as:


OT1 VCT - 65p  Dividends to date 52.7p


OT2 VCT - 27.8p  Dividends to date 10.5p


OT3 VCT - 95.6p  Dividends to date 10p


OT4 VCT - 66p  Dividends to date 17p, with a further 10p dividend announced for payment on 7th August 2015

Tuesday, June 30, 2015

OT4 - Sale of Impact Technologies

At close of business on Friday 29 May 2015, Impact Technologies was acquired by Castleton Technologies Plc for £5m. Further details are available in an RNS announcement, viewable here:


RNS - London Stock Exchange

Monday, June 1, 2015

OT1 - RNS announcement regarding Scancell Share Price

The Directors of Oxford Technology VCT have issued an RNS regarding the recent reduction in Scancell's share price, viewable here:


RNS - London Stock Exchange

Wednesday, March 25, 2015

Investee company 'Expend' in the news

One of OT(S)EIS's investee companies, Expend, has recently been in the news. To read the article, please follow this link:


"Coming soon - a new way to simplify expenses from Expend"

Thursday, March 12, 2015

WARNING - e-mail Scam

It has been brought to our attention that e-mails are being sent out in our name, requesting a payment for an attached invoice. These e-mails are not coming from Oxford Technology. We would recommend that you do not download or open the attachments, and instead delete and ignore the e-mail.


Should you have any queries or concerns, please contact Guy Daws at guy@oxfordtechnology.com

Thursday, January 08, 2015

VCT 3rd Quarter Results Announced

The Net Asset Values as at 30th November 2014 have been announced as:


OT1 VCT - 72p Dividends to date 52.7p


OT2 VCT - 27p Dividends to date 10.5p


OT3 VCT - 100p Dividends to date 10p


OT4 VCT - 68p Dividends to date 17p

Tuesday, December 23, 2014

VCT Interim Results Announced

The Net Asset Values as at 31st August 2014 have been announced as:


OT1 VCT - 68p Dividends to date 52.7p


OT2 VCT - 27p Dividends to date 10.5p


OT3 VCT - 98p Dividends to date 10p


OT4 VCT - 73p Dividends to date 17p


The Interim Statements are available to download from the VCT section of this website.

Tuesday, October 21, 2014

HMRC confirms continuation of VCT Status OT1 and OT3

Shareholders will be aware from an RNS on 13 March 2014 that Oxford Technology VCT Plc and Oxford Technology 3 VCT Plc (OTVCT)had received notice that Her Majesty's Revenue and Customs ("HMRC") had withdrawn VCT approval for the Company due to a purchase of shares in Scancell Holdings Plc ("Scancell") which HMRC considered as breaching the VCT rules.


Following analysis and representations by OTVCT's legal advisors, Joseph Hage Aaronson LLP ("JHA") and Jonathan Bremner of Counsel, HMRC notified OTVCT that it had set aside that decision pending further review (see RNS of 6 June 2014). Subsequently, following further representations by our legal advisors, HMRC indicated that it was reserving its position and that corrective action was required to be taken in order for OT VCT to retain VCT status (see announcement to shareholders of 5 August 2014). A proposal for the necessary corrective action was made by JHA on 12 August 2014. On 5 September 2014, HMRC indicated that it would be minded to permit the VCT to retain its VCT status for tax purposes provided that the corrective steps proposed by JHA were taken within an agreed timescale.


Following this indication, we have continued to work together with HMRC towards a satisfactory conclusion. We are now pleased to be able to confirm that the corrective steps proposed by our legal advisors have been successfully completed and HMRC have been so informed. We have received formal acknowledgement from HMRC that the corrective action taken has been sufficient and that OT VCT will now retain VCT status going forward subject to continued compliance with VCT rules.


This means that the tax reliefs previously given to the VCT and its shareholders will not be disturbed, and the entitlement to benefit from future reliefs available to VCTs will likewise continue.


Following the corrective action, the VCT's holding in Scancell is now as it was prior to July 2013. The corrective action undertaken has resulted in no financial gain or loss to the VCTs.


We wish to record our appreciation for the constructive way in which HMRC have engaged with us during the last six months. We also wish to thank Joseph Hage Aaronson LLP and Jonathan Bremner for their pro-active and professional work, which has enabled this matter to be brought to its satisfactory conclusion.


The Directors look forward to being able to focus future discussions with shareholders on the progression of the portfolio. As shareholders will be aware from reading the Annual Report, the OT1 portfolio contains some exciting (if still relatively early stage) companies, and the Directors continue to focus on generating maximum value for shareholders from OT VCT's holdings in these.


The content of this RNS has been approved by HMRC.

Friday, September 12, 2014

AGM Results

All news stories »