Unicorn Asset Management Regulatory News (UAV)

UNICORN AIM VCT PLC (Company)

Dividend Reinvestment Scheme

The Board is pleased to announce the launch of a Dividend Reinvestment Scheme to provide Shareholders with the opportunity to elect to reinvest their dividends by subscribing for new shares in the Company (Scheme). The Scheme provides for dividends to be reinvested for new shares at the latest published Net Asset Value("NAV") per share prior to the allotment (adjusted to take into account the relevant dividend to be paid unless the latest published NAV already reflects the dividend to be paid).

The Scheme will be operated by The City Partnership (UK) Limited (Scheme Administrator). The terms and conditions of the Scheme and election forms are being sent to Shareholders and are also available for download from the Company's website www.unicornaimvct.co.uk or the Scheme Administrator's website (https://unicorn-aim.cityhub.uk.com/).

For further information, please contact:

Company Secretary

ISCA Administration Services LimitedTel: 01392 487056

Scheme Administrator

The City Partnership (UK) Limited

Tel: 01484 240 910