The Company invests in a balanced portfolio of unlisted, UK based, early stage and start-up technology companies within 60 miles of Oxford.
The management fee is 1% of NAV p.a. Performance fee becomes payable if a certain cash return threshold to shareholders is exceeded. The excess is then subject to a 20% carry that is distributed to Oxford Technology Management, past and current Directors the remaining 80% is returned to shareholders.
The Directors are not recommending the payment of a dividend at this time.