(OXT) Oxford Technology VCT

Oxford Technology VCT PLC

Interim Management Statement
For the second half of 2011

Oxford Technology VCT PLC presents its interim management statement for the period commencing 1^st September 2011, as required by the UK Listing Authority's Disclosure and Transparency Rule 4.3.

The Directors reviewed the valuation of its entire portfolio at a Board meeting on 5 December 2011.

The unaudited net asset value per ordinary share as at 30 November 2011 was 27p.  This is a rise of 1p from the last quarter ending 31 August 2011.  The total number of ordinary shares in issue is 5,431,655.

During the quarter no new investments were made and there were no disposals.  

The Directors are not aware of any other events or transactions which have taken place between 31 August 2011 and the publication of this statement which have had a material effect on the financial position of the Company.

6 December 2011

Enquiries:
Lucius Cary, Oxford Technology Management
01865 784466

More

Oxford Technology Venture Capital Trust PLC
Interim Statement
For the period 1 March 2011 to 31 August 2011


Statement on behalf of the Board

Net Assets per share were 26p on 31 August 2011. Total dividends paid to date
are 42.7p. Success for the future probably lies with Scancell and also with
Select Technology, in which OT1 now owns just over 25%.  The company supplies
specialist software to MFDs (photocopiers) and works particularly with Ricoh,
the worlds leading manufacturer of MFDs.   After many delays sales have at last
started to grow, and each of the last 4 quarters has been a new record.  Thus
far, sales have been almost exclusively in the UK, but sales in Europe are
expected to start in Q4 2011, and in the US in Q1 2012.

On behalf of the Board
John Jackson - Chairman


Unaudited Financial Information

+------------------------+-----------------+-----------------+-----------------+
|  |  |  |  |
|Profit and Loss Account |Six months to 31 |Six months to 31 |Year to 28 Feb 11|
|for the Period | Aug 11| Aug 10| £'000|
| | £'000| £'000| |
+------------------------+-----------------+-----------------+-----------------+
|Profit/(loss) on |  |  |  |
|disposal of assets held |  |  |  |
|at fair value  | -| 18| (105)|
+------------------------+-----------------+-----------------+-----------------+
|Unrealised gain/(loss) |  |  |  |
|on fair value of |  |  |  |
|investments | 21| 251| (106)|
+------------------------+-----------------+-----------------+-----------------+
|Other income | 2| 2| 4|
+------------------------+-----------------+-----------------+-----------------+
|Other expenses | (34)| (29)| (64)|
+------------------------+-----------------+-----------------+-----------------+
|Profit/(loss) on |  |  |  |
|ordinary activities |  |  |  |
|before tax | (11)| 242| (271)|
+------------------------+-----------------+-----------------+-----------------+
|Tax on profit/(loss) on |  |  |  |
|ordinary activities | -| -| -|
+------------------------+-----------------+-----------------+-----------------+
|Profit/(loss) on |  |  |  |
|ordinary activities |  |  |  |
|after tax | (11)| 242| (271)|
+------------------------+-----------------+-----------------+-----------------+
|Earnings per Share | (0.2)p| 4.5p| (5.0)p|
+------------------------+-----------------+-----------------+-----------------+


+-------------------------+-----------------+-----------------+----------------+
|  |  |  |  |
|Historic Cost Profits and|Six months to 31 |Six months to 31 | Year to 28 Feb|
|Losses Note | Aug 11| Aug 10| 11|
| | £'000| £'000| £'000|
+-------------------------+-----------------+-----------------+----------------+
|  |  |  |  |
|Profit/(loss) for the |  |  |  |
|financial period  | (11)| 242| (271)|
+-------------------------+-----------------+-----------------+----------------+
|Unrealised loss/(gain) on|  |  |  |
|investments held at fair |  |  |  |
|value | (21)| (251)| 106|
+-------------------------+-----------------+-----------------+----------------+
|Loss/(profit) on disposal|  |  |  |
|of investments held at |  |  |  |
|fair value | -| (18)| 105|
+-------------------------+-----------------+-----------------+----------------+
|Profit/(loss) on disposal|  |  |  |
|of investments held at |  |  |  |
|historical value | -| -| 164|
+-------------------------+-----------------+-----------------+----------------+
|Historical cost |  |  |  |
|profit/(loss) before tax | (32)| (27)| 104|
+-------------------------+-----------------+-----------------+----------------+
|Historical cost |  |  |  |
|profit/(loss) after tax | (32)| (27)| 104|
+-------------------------+-----------------+-----------------+----------------+



+---------------------------------+-----------+-----------+-----------+
|   |   |   |   |
| Summarised Balance Sheet | 31 Aug 11 | 31 Aug 10 | 28 Feb 11 |
| | £'000 | £'000 | £'000 |
+---------------------------------+-----------+-----------+-----------+
| Investments held at fair value  |   |   |   |
| | 1,136 | 1,595 | 1,115 |
| | | |   |
+---------------------------------+-----------+-----------+-----------+
| Other net current assets | 263 | 327 | 295 |
+---------------------------------+-----------+-----------+-----------+
| Net assets | 1,399 | 1,922 | 1,410 |
+---------------------------------+-----------+-----------+-----------+


+-------------------------+-----------------+-----------------+----------------+
|  |  |  |  |
|Capital and Reserves |Six months to 31 |Six months to 31 | Year to 28 Feb|
| | Aug 11| Aug 10| 11|
| | £'000| £'000| £'000|
+-------------------------+-----------------+-----------------+----------------+
|Called up share capital  | 543| 543| 543|
| | | |  |
+-------------------------+-----------------+-----------------+----------------+
|Share premium | 176| 176| 176|
+-------------------------+-----------------+-----------------+----------------+
|Profit and loss account | 679| 1,202| 710|
+-------------------------+-----------------+-----------------+----------------+
|Revaluation reserve | 1| 1| (19)|
+-------------------------+-----------------+-----------------+----------------+
|Shareholders'funds | 1,399| 1,922| 1,410|
+-------------------------+-----------------+-----------------+----------------+
|Net asset value per share| 26p| 35p| 26p|
+-------------------------+-----------------+-----------------+----------------+


+-----------------------------+----------------+----------------+--------------+
|  |  |  |  |
|Cash Flow Statement for the | Six months to| Six months to|Year to 28 Feb|
|Period | 31 Aug 11| 31 Aug 10| 11|
| | £'000| £'000| £'000|
+-----------------------------+----------------+----------------+--------------+
|Net cash outflow from |  |  |  |
|operating activities | (32)| (48)| (66)|
+-----------------------------+----------------+----------------+--------------+
|Capital expenditure and |  |  |  |
|financial investment |  |  |  |
|Purchase of investments |  |  |  |
| | -| (109)| (110)|
+-----------------------------+----------------+----------------+--------------+
|Disposal of investments |  |  |  |
| | -| 835| 835|
+-----------------------------+----------------+----------------+--------------+
|Net cash outflow from capital|  |  |  |
|expenditure and financial |  |  |  |
|investment | -| 726| 725|
+-----------------------------+----------------+----------------+--------------+
|Financing |  |  |  |
|Issue of Shares | -| 58| 58|
+-----------------------------+----------------+----------------+--------------+
|Expenses paid in connection |  |  |  |
|with shares issued |  |  |  |
| | -| (3)| (3)|
+-----------------------------+----------------+----------------+--------------+
|Net cash flow from financing |  |  |  |
| | -| 55| 55|
+-----------------------------+----------------+----------------+--------------+
|Dividends paid | -| (543)| (543)|
+-----------------------------+----------------+----------------+--------------+
|Increase/(decrease) in cash |  |  |  |
| | (32)| 190| 171|
+-----------------------------+----------------+----------------+--------------+




Notes to the Unaudited Financial Information on pages 2 and 3


1The financial information for each of the interim periods ended 31 August 2011
and 31 August 2010 is unaudited and does not constitute statutory accounts
within the meaning of the Companies Act 2006. It has been prepared using
accounting policies consistent with those set out in the company's statutory
accounts for the year ended 28 February 2011. The financial information for the
year ended 28 February 2011 has been extracted from the company's statutory
accounts for that period which contained an unqualified audit report and which
have been filed with the Registrar of Companies.  The Board confirms that the
unaudited finance information for the 6 months ending 31 August 2011 has been
prepared in accordance with IAS 34.

2The calculation of earnings per share for the period is based on the return
attributable to shareholders divided by the weighted average number of shares in
issue during the period.

3Listed investments are stated at market value based upon middle market prices
at the accounting period end.  The unrealised depreciation or appreciation on
the valuation of investments are dealt with in the revaluation reserve.

4Copies of the Interim Statement are being sent to shareholders and further
copies can be obtained from the Company's Registered Office.







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Oxford Technology VCT plc via Thomson Reuters ONE

[HUG#1551698]

For Immediate Release                                                7th July
2011




OXFORD TECHNOLOGY VCT PLC

AGM


Notice is given that all resolutions at the AGM on Wednesday 6th July were
passed.



Further Enquiries

Lucius Cary on  01865 784466






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Oxford Technology VCT plc via Thomson Reuters ONE

[HUG#1529189]

Oxford Technology VCT PLC

Interim Management Statement
For the six months commencing 1 March 2011


Oxford Technology VCT PLC presents its interim management statement for the six
months commencing 1 March 2011 as required by the UK Listing Authority's
Disclosure and Transparency Rule 4.3.

The Directors reviewed the valuation of its entire portfolio at a Board meeting
on 6 July.

The unaudited net asset value per ordinary share on 6 July 2011 was 25p.  This
is a fall of 1p from the year end at 28 February 2011.  The total number of
ordinary shares in issue is 5,431,655.

Since 1 March 2011 no new investments have been made and there were no
disposals.

The Directors are not aware of any other events or transactions which have taken
place between 1 March 2011 and the publication of this statement which have had
a material effect on the financial position of the Company.

6 July 2011

Enquiries:
Lucius Cary, Oxford Technology Management
01865 784466










This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Oxford Technology VCT plc via Thomson Reuters ONE

[HUG#1528805]