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Offer for Subscription - Update

6 Dec 2013 16:47

UNICORN AIM VCT PLC - Offer for Subscription - Update

UNICORN AIM VCT PLC - Offer for Subscription - Update

PR Newswire

London, December 6

Unicorn AIM VCT PLC ("the Company") Offer for Subscription - Update The Board announced the Company's annual results for the year ended 30September 2013 on 3 December 2013 and copies of the annual report and accountscan now be downloaded from the Company's website www.unicornaimvct.co.uk. Following the publication of these results, the Board is now restricted fromallotting new ordinary shares ("New Shares") relating to the offer forsubscription to raise up to £20 million ("Offer") announced on 20 September2013 until it has published a supplementary prospectus ("SupplementaryProspectus") which has to be approved by the UK Listing Authority prior topublication. Subject to the UK Listing Authority's approval of the Supplementary Prospectusand the closing of the subsequent statutory withdrawal period of two businessdays, the Board anticipates that the next allotment of New Shares relating tothe Offer should take place on or around 20 December 2013, which will includeall valid applications received by the receiving agent up to the close ofbusiness on 17 December 2013. As set out in the prospectus published by the Company on 20 September 2013, theNew Shares allotted pursuant to the Offer will rank pari passu with theexisting shares in issue in respect of dividends declared from the date ofissue of the relevant New Shares. As a result, any allotment of New Shares onor around 20 December 2013 should result in such shareholders being entitled toreceive the year-end dividend of 6p per share (as proposed in the annualresults for the year ended 30 September 2013 and subject to shareholderapproval), which has a record date of 27 December 2013 and is payable on 31January 2014. Contact details for further enquiries: Luke ReevesLGBR Capital LLP (the Promoter to the Offer)020 3195 7100sales@lgbrcapital.com Chris HutchinsonUnicorn Asset Management Limited (the Investment Manager)020 7253 0889info@unicornam.com Robert BrittainMobeus Equity Partners LLP (the Company Secretary)020 7024 7600unicorn@mobeusequity.co.uk

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