Capital Reorganisation
11 Novembro 2022 - 11:23AM
Capital Reorganisation
11 November 2022
Oxford Technology 2 VCT Plc (the "Company")
Legal Entity Identifier: 2138002COY2EXJDHWB30
Cancellation of Share Premium Account and
Capital Redemption Reserve
The Company announces that earlier today the
High Court of Justice confirmed the cancellation of the sum
standing to the credit of the Company's share premium account and
capital redemption reserve (the "Reduction of Capital"),
which totalled £10,078,248.27. The Reduction of Capital will
become effective on registration of the Court Order at Companies
House, which is expected to occur in the next few days.
The Reduction of Capital was approved by way of
a special resolution passed by the shareholders of the Company at
the general meeting held on 20 June 2022.
The purpose of the Reduction of Capital is to
create distributable reserves which will provide the Company with
the flexibility to support, amongst other things the payment of
dividends and the buy-back of shares.
Enquiries: Lucius Cary Oxford Technology
Management 01865 784466
This announcement contains inside information as stipulated
under the UK version of the Market Abuse Regulation No 596/2014
which is part of English Law by virtue of the European (Withdrawal)
Act 2018, as amended. Upon the publication of this announcement via
a Regulatory Information Service, this information is now
considered to be in the public domain.
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