Oxford Technology 2 VCT (GB:OXH) has released an update.
Oxford Technology 2 VCT Plc has announced its first-quarter results, revealing a mixed performance with notable share price increases in Arecor Therapeutics following successful clinical trial results, counterbalanced by a subsequent need for additional funding and share price reductions. No dividends were issued this quarter, and the company anticipates liquidating a small portion of its portfolio to cover operating expenses. The net asset value (NAV) per share showed varied changes across different share classes, reflecting the dynamic nature of the company’s investment portfolio.
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