REG-1st Quarter Results

Oxford Technology 2 Venture Capital TrustAnnouncement

Today 17:45

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17 June 2025

                                    Oxford
Technology 2 VCT Plc (the "Company")

Legal Entity Identifier: 2138002COY2EXJDHWB30   

 1st Quarter Results 

Oxford Technology 2 VCT Plc presents its quarterly update for the 3 month
period ending 31 May 2025. The Directors have reviewed the valuation of its
entire portfolio as at that date. The unaudited net asset value (NAV) per
share for each Class (as at 31 May 2025) were included in the Annual Report
for the year ended 28 February 2025 released earlier today and are shown in
the table below, together with other associated data:

         Unaudited NAV p per share 31/05/25  Audited NAV p per share 28/02/25  Change in NAV %  Cumulative Dividends p per share to 31/05/25  Total NAV Return p per share  Shares in Issue  
 Share Class                                                                                                                                                                                 
 OT1     37.7                                36.6                              3.1%             55.0                                          92.7                          5,431,655        
 OT2     15.8                                15.2                              4.1%             22.5                                          38.3                          5,331,889        
 OT3     15.0                                15.1                              -0.3%            42.0                                          57.0                          6,254,596        
 OT4     18.3                                19.8                              -7.6%            48.0                                          66.3                          10,826,748       



The NAVs incorporate bid prices of Arecor Therapeutics plc of 42p (a reduction
of 6p since 28 February 2025) and Scancell Holdings Plc of 9.5p (an increase
of 1.4p). The Directors have also reviewed the carrying costs of the unquoted
investments and these remain unchanged from their values at 28 February 2025,
apart from the impact of the recent investment in ImmunoBiology Limited
(“ImmBio”).

Shareholders are reminded that the Chairman’s statement in the Company’s
2025 Annual Financial Statements (“2025 Annual Report”) included details
of how each Share Class’s net asset value per share changes with movements
in the share prices of the Company’s primary AIM investments.

No dividends were paid during the period under review. As indicated in the
2025 Annual Report, a total of £40,000 was invested by the Company in ImmBio
in the period (OT2 Share Class: £30,000 and  OT3 Share Class: £10,000). The
holding in Mirriad Advertising Plc, which had negligible value, has been
disposed of (OT4 Share Class only). No other shares were bought nor sold in
any the portfolio companies in any of the four Share Classes.

The Directors are not aware of any other events or transactions which have
taken place between 31 May 2025 and the publication of this statement which
have had a material effect on the financial position of the Company.

At 31 May 2025, the Company’s issued share capital by Share Class is shown
in the table above. The Company holds no shares in treasury and the total
voting rights in the Company are 27,844,888. This figure of 27,844,888 may be
used by shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or a change
to their interest in, the Company under the Financial Conduct Authority's
Disclosure Guidance and Transparency Rules.

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