Oxford Technology Management is the manager of the £30 million Oxford Technology Enterprise Capital Fund (OTECF), a specialist fund in early stage technology companies in the United Kingdom. OTECF can invest between £100K and £2 million in suitable companies, plus appropriate follow-on investments. Oxford Technology Management is also the manager of four Oxford Technology Venture Capital Trusts, which are now closed to investments in new companies.

"Oxford Technology VCT's are the specialists in the start-up and early stage technology sector"

Tax Shelter Report, Allenbridge

YEAR END RESULTS ANNOUNCED

The 4 Oxford Technology VCT's have announced their year end results. Full details of the Financial Statements are available to download from the website in the Funds section under Annual Reports.

OT1 announced a Net Asset Value of 36p.

OT2 announced a Net Asset Value of 54p.

OT3 announced a Net Asset Value of 92p.

OT4 announced a Net Asset Value of 99p (amended).

08-Jun-2009 Webmaster

2008/09 Fundraising

The final fundraising figures for the OTVCTs for the 2008/09 tax year were:

OT1 £91,440

OT2 £146,410

OT3 £259,250

OT4 £327,190

27-Apr-2009 Webmaster

OT1 & OT2 ANNOUNCE DIVIDEND PAYMENTS

OT1 is due to pay a dividend of 5p per ordinary share on 27 February 2009 resulting from the sale of Valid Systems.

OT2 is due to pay a dividend of 4.5p per ordinary share on 27 February 2009 resulting from the sale of Commerce Decisions.

20-Feb-2009 Webmaster

COMMERCE DECISIONS ACQUIRED BY QINETIQ

QinetiQ Group plc has announced that it has acquired Commerce Decisions Ltd, a market-leading provider of tender assessment and management software.

Under the terms of the agreement, QinetiQ will acquire 100 per cent of the equity of Commerce Decisions for a total cash consideration of £9.85m.

Commerce Decisions is a privately-owned, venture capital-backed company with investment from OT2VCT and OT3VCT. Its AWARD tender evaluation software supports the tender assessment and management process for both buyers and suppliers. AWARD ensures procurers make the right buying decision by improving the effectiveness of the evaluation process and providing an audit trail for decisions. For suppliers, AWARD maximises their win-potential by improving the quality of bids.

14-Oct-2008 Webmaster