Understanding Recent Shareholding Activities
Oxford Technology 2 VCT plc has recently notified stakeholders of a significant update regarding its director and person discharging managerial responsibilities. This highlights the importance of transparency in shareholding to maintain investor trust and regulatory compliance.
Details of the Recent Notification
In accordance with the EU Market Abuse Regulation, the following notification provides detailed information about an important transaction conducted by Richard Roth, who serves as a non-executive director of the Company.
The Individual Behind the Notification
Richard Roth, involved in managing key decisions within the Company, has taken steps to invest further in his own organization, indicating confidence in its direction and potential.
Transaction Details
The transaction involved the purchase of shares, and it is crucial for investors to be aware of such movements due to their implications for share prices and market perception.
Financial Instruments Involved
In this instance, Roth acquired OT4 ordinary shares, specifically identified by the code GB00BN73FP21. This reflects the core financial instrument associated with the Company's equity.
Nature of the Transaction
The transaction was categorized as a purchase, signaling Roth's continued support for the Company and its strategic goals. He purchased 5,155 shares at a price of £0.055 each. The total transaction amount reached £283.53, underscoring the stakes involved.
Impact on Shareholding
Following this latest acquisition, Richard Roth's total holdings in Oxford Technology 2 VCT plc now stand at 230,872 Ordinary Shares. This represents approximately 0.83% of the Company's issued share capital. Such ownership is essential for a director, as it aligns personal investment with stakeholder interests.
Company Leadership and Transparency
Under the management of Lucius Cary, the Company has a robust structure that emphasizes accountability and investor communication. Regular updates on shareholding activities foster a culture of openness, which is fundamental for sustaining investor relations.
Contact Information
For any inquiries regarding this transaction or company operations, stakeholders are encouraged to reach out directly. Lucius Cary can be contacted at Oxford Technology Management on 01865 784466.
Frequently Asked Questions
What does the recent share acquisition by Richard Roth indicate?
It reflects his confidence in the Company’s direction and future growth prospects.
How many shares does Richard Roth now hold?
After the latest transaction, Roth holds a total of 230,872 shares.
What is the price per share for the recent purchase?
The shares were acquired at a price of £0.055 each.
What percentage of the Company does Roth's holdings represent?
His shares account for approximately 0.83% of the Company's issued share capital.
Who should I contact for further information on shareholding?
Lucius Cary at Oxford Technology Management is available for any inquiries.
