Oxford Technology 3 VCT plc announced the audited consolidated results for the year ended February 28, 2017. For the year, the company reported net asset value per share of 82.5 pence compared to 101.6 pence a year ago. Investment income was £84,000 compared to £19,000 a year ago. Loss on ordinary activities before tax was £280,000 compared to return on ordinary activities before tax of £883,000 a year ago. Loss on ordinary activities after tax was £280,000 compared to return on ordinary activities after tax of £883,000 a year ago. Loss on ordinary activities after tax attributable to equity shareholders was £280,000 compared to return on ordinary activities after tax attributable to equity shareholders of £883,000 a year ago. Loss per basic and diluted share was 4.1 pence compared to earnings per basic and diluted share 13.0 pence a year ago. Cash flows used in operating activities was £158,000 compared to £156,000 a year ago.

The directors have declared a final capital dividend of 4.0 pence per share which, subject to shareholder approval at the AGM, will be paid on 21 July 2017 to ordinary shareholders on the register on 30 June 2017.