Issue of Equity

Unicorn AIM VCT plc

Issue of Equity

The Board of Unicorn AIM VCT plc ("the Company") is pleased to announce that on 15 October 2014 it allotted and issued 796,024 new Ordinary Shares of 1p each ("Ordinary Shares") at a price range of between 145.1519p and 148.9129p per share under the Offer for Subscription launched on 17 September 2014.

Application has been made to the UK Listing Authority and the London Stock Exchange for the new Ordinary Shares to be admitted to the Official List and to trade on the London Stock Exchange's main market for listed securities, and dealings are expected to commence on 21 October 2014.

Following this allotment, the Company now has 64,759,136 Ordinary Shares in issue.

For further information please contact:

Jon Carslake at ISCA Administration Services Limited (the Company Secretary) on

01392 487056; or [email protected]

Chris Hutchinson at Unicorn Asset Management Limited (the Company's Investment Manager) on 020 7253 0889.

15 October 2014