Oxford Technology 2 VCT Director Increases Stake with Off-Market Share Purchase
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Oxford Technology 2 VCT plc's non-executive director Richard Roth has increased his stake by purchasing 30,000 shares at 7 pence each, raising his total holding to 260,872 shares (0.94% of issued capital). This off-market transaction, compliant with EU regulations, signals confidence in the company's prospects. Despite challenges like revenue decline and negative cash flow, the trust maintains a strong balance sheet with no debt. Analysts rate OXH stock as Neutral, indicating the need for operational improvements to boost investor confidence.
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