Oxford Technology 3 Venture Capital Trust plc reported unaudited earnings results for the half year ended August 31, 2012. For the period, the company reported profit on ordinary activities before tax of GBP 1,376,000 against loss on ordinary activities before tax of GBP 136,000 for the same period in the last year. Profit on ordinary activities after tax was GBP 1,376,000 against loss on ordinary activities after tax of GBP 136,000 for the same period in the last year. Earnings per share were 20.4 pence against loss per share of 2.0 pence for the same period in the last year. Net cash outflow from operating activities was GBP 61,000 against GBP 69,000 for the same period in the last year. The net assets per share as at August 31, 2012 were 91 pence compared to 71 pence as at August 31, 2011 and 71 pence as at February 29, 2012. The major reason for the increase
is the rise in the share price of Scancell, which is quoted on AIM. At February 29, 2012 its share price was 6.5 pence, at August 31, 2012 the share price was 31 pence.