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Oxford Technology 2 VCT sees change in major holdings

Published 12/03/2024, 06:36 PM

LONDON - Oxford Technology 2 Venture Capital Trust PLC (OT2) has experienced a notable change in its major holdings, as reported on December 2, 2024. Shivani Parikh, based in Coulsdon, UK, has crossed the threshold of voting rights, leading to a disclosure under the standard form for notification of major holdings.

The notification, dated December 2, 2024, indicates that Parikh now holds 10.35% of the voting rights in OT2, an increase from the previous notification where the holdings were reported at 9.003%. This change occurred through the acquisition of shares rather than through financial instruments, with the total number of voting rights held by Parikh in the issuer now standing at 288,203.

The shares contributing to this threshold crossing are identified by their ISINs, with varying percentages of direct voting rights attached. The largest portion comes from shares with ISIN GB00BN73FP21, which account for 4.263% of the direct voting rights. Other shares with ISIN codes GB0003105052, GB00BN73FM99, and GB00BN73FN07 contribute smaller percentages.

The press release also clarifies that the voting rights are held via Hargreaves (LON:HRGV) Lansdown Nominees Limited. There is no indication of control by any natural person or legal entity over the person subject to the notification obligation, nor is there any control over other undertakings holding an interest in OT2.

This change in major holdings is a significant event for Oxford Technology 2 Venture Capital Trust PLC, a UK-based issuer, and may be of interest to investors and market watchers. The details provided in the press release statement are the source of this report, presenting the facts without any additional commentary or analysis.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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