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Offer Update - Overallotment

12th Mar 2025 12:04

RNS Number : 4043A
Unicorn AIM VCT PLC
12 March 2025
 

Unicorn AIM VCT plc (the "Company")

LEI: 21380057QDV7D34E9870

Offer for Subscription - Update

 

The Company published a prospectus on 28 January 2025, ("the Prospectus") containing an offer for subscription of up to £20 million with an over-allotment facility for a further £5 million through the subscription of up to a maximum of 35 million ordinary shares of 1p each ("the Offer"). Full details of the Offer are contained in the Prospectus.

Following strong demand for the Company's shares under the Prospectus and to accommodate future demand, in accordance with the Prospectus, the Board has decided, after consultation with Unicorn Asset Management Limited (UAM), the Company's Investment Manager, to utilise the over-allotment facility and increase the Offer by a further £5 million. The Offer will therefore remain open until 5.30pm on 1 April 2025 for applications for 2024/2025 tax year and 5.30pm on 30 April 2025 for applications for 2025/2026 tax year unless the over-allotment facility is fully subscribed before these dates or otherwise at the Board's discretion.

 

12 March 2025

 

For further information please contact:

Unicorn Asset Management Limited (the Company's Investment Manager)

on 020 7253 0889

 

ISCA Administration Services Limited (the Company Secretary) on

01392 487056; or [email protected]

 

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