Oxford Technology 3 Venture Capital Trust plc an Equity Buyback Plan for 678,523 shares, representing 10% of its issued share capital, under the authorization approved on August 25, 2021.

Oxford Technology 3 Venture Capital Trust plc (LSE:OTT) commences share repurchases on November 30, 2021, under the program mandated by the shareholders in the Annual General Meeting held on August 25, 2021. As per the mandate, the company is authorized to repurchase up to 678,523 shares, representing 10% of its issued share capital. The minimum price which may be paid for each ordinary share is is its nominal value and the maximum price which may be paid for each ordinary share is the higher of an amount equal to 105% of the average of the middle market quotations for an ordinary share, as derived from the London Stock Exchange Daily Official List, for the five business days immediately preceding the day on which the ordinary share is purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The authority shall expire at the earliest of the conclusion of the next Annual General Meeting, or on October 31, 2022. As of June 29, 2021, the company had 6,785,233 ordinary shares in issue.