Amati Aim Vct Regulatory News (AMAT)

Amati AIM VCT plc

25 August 2021

Amati AIM VCT plc (the "Company")

Legal Entity Identifier: 213800HAEDBBK9RWCD25

Issue of Equity

The Board of Amati AIM VCT plc (the "Company") is pleased to announce that on 23 August 2021 it allotted 4,158,772 new Ordinary Shares of 5p each in the capital of the Company ("Ordinary Shares") pursuant to the Offer for Subscription launched on 30 July 2021 (the "Offer"). In accordance with the terms and conditions of the Offer, the price at which 4,142,726 new Ordinary Shares were allotted, which was calculated by reference to the net asset value of an Ordinary Share on 19 August 2021, was 219.67p per Ordinary Share (net asset value divided by 0.99 to allow for issue costs of 1.0%) and the price at which 16,046 new Ordinary Shares were allotted, which was calculated by reference to the net asset value of an Ordinary Share on 5 August 2021, was 218.10p per Ordinary Share (net asset value divided by 0.99 to allow for issue costs of 1.0%)

As announced on 4 August 2021, the Offer is fully subscribed and currently closed for new applications unless and until the Board decides to utilise the over-allotment facility, in which case a further announcement will be made.

Applications have been made for the new Ordinary Shares to be admitted to the Official List of the FCA (with a Premium Listing) and to the London Stock Exchange for admission to trading on the main market for listed securities. It is expected that admission will occur and dealing will commence in the new Ordinary Shares on or around 31 August 2021.

As a result of the issue, the total number of Ordinary Shares in issue will be 137,072,218 and the total number of voting rights in the Company will be 137,072,218. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure Guidance and Transparency Rules.

For further information, please contact the investor line at Amati Global Investors on 0131 503 9115 or by email at info@amatiglobal.com.