Unicorn AIM VCT Plc

Current Fundraising

Current Fundraising

OFFER CLOSED: The Offer launched on 8 February 2024 is CLOSED


Offer Oversubscribed

On 15 February 2024 the Company announced:

The Directors announced on 8 February 2024 that the £5 million over-allotment facility would be utilised, increasing the Offer to £20 million.

The Directors are pleased to announce that they have been advised that, on the basis of the applications received at this time and assuming that they are all accepted, the Offer will be over subscribed.

Completed applications, including the receipt of cleared funds in respect of such applications will normally be accepted under the Offer on a first-come, first-served basis.

Investors whose applications are received after Thursday 15 February 2024 are likely, therefore, to have their subscription returned in accordance with the terms and conditions of the Offer.

15 February 2024


Launch of an Offer for Shares

On 26 January 2024 the Company announced:

Unicorn AIM VCT plc (Company) has today launched an offer to raise up to £15 million, with an over-allotment facility to raise up to a further £5 million, through the subscription of up to a maximum of 30 million ordinary shares of 1p each (Offer). Full details of the Offer are contained in a prospectus (Prospectus), which was published by the Company today.

The Offer will open for applications at 9.00 a.m. on 8 February 2024 and will close for applications at 5.30 p.m. on 28 March 2024 (or, if earlier, as soon as the Offer is fully subscribed or otherwise at the board’s discretion). Applications can only be made for the 2023/2024 tax year.

 It is currently envisaged that there will be two allotments of shares pursuant to the Offer on 11 March 2024 and 4 April 2024 (or, if earlier, following full subscription). Allotment of shares may, however, be made more or less frequently at the discretion of the Board. Listing and commencement of dealings is expected to take place three business days following allotment.

The Prospectus can be downloaded here.


At 15.47 on 8 February 2024 the Company announced:

The Directors of the Company are pleased to announce that on the basis of subscription forms received as at 15.00 pm Thursday 8 February 2024 and assuming that they are all accepted, the initial £15 million Offer is now fully subscribed.

In order to accommodate further unsatisfied demand, and 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 28 March 2024 unless the over-allotment facility is fully subscribed before this date or otherwise at the Board’s discretion.

OFFER ANNOUNCED – 28 November 2023

The Directors of Unicorn AIM VCT plc announced that they intend to launch an offer for subscription to raise £15 million (with an over-allotment facility to raise up to a further £5 million) through the issue of new ordinary shares (“the Offer”).

The prospectus, which will contain the full details and terms and conditions of the Offer, is expected to be available in January 2024.

For further information please contact:

Investment Manager:

Unicorn Asset Management Limited

Telephone: 020 7253 0889



Company Secretary:

ISCA Administration Services Limited

Telephone: 01392 487056