Regulatory Story
Go to market news section View chart   Print
RNS
Unicorn AIM VCT PLC   -  UAV   

Offer for Subscription and Issue of Prospectus

Released 15:24 29-Jan-2019

RNS Number : 4471O
Unicorn AIM VCT PLC
29 January 2019
 

 

 

Unicorn AIM VCT plc

 

Offer for Subscription and Issue of Prospectus

 

Unicorn AIM VCT plc ("the Company") has today launched an offer to raise up to £15 million (with an over-allotment facility for up to a further £10 million) through the subscription of up to a maximum of 25 million ordinary shares of 1p each ("the Offer"). Full details of the Offer are contained in a prospectus ("the Prospectus"), which was published by the Company today.

 

The Offer opens today and will close at 5.30 p.m. on 4 April 2019 (or, if earlier, as soon as the Offer is fully subscribed or otherwise at the Board's discretion).

 

Existing Shareholder Incentive - until 1 March 2019

 

The Offer allows Unicorn Asset Management ("Unicorn AM"), the investment manager of the Company and the promoter to the Offer, to waive any part of its promotion fee in respect of any specific investor or group of investors, for example, existing Shareholders, for the benefit of such investors. Unicorn AM has agreed to offer existing shareholders a loyalty fee discount of 0.5% for subscriptions received before 1 March 2019 (unless the Offer is fully subscribed earlier or the Offer is otherwise closed at the Board's discretion).

 

The Prospectus has been submitted to the Financial Conduct Authority and copies of the Prospectus will shortly be available for download from the Company's website (http://www.unicornaimvct.co.uk) and from the National Storage Mechanism (http://www.morningstar.co.uk/uk/NSM).

 

For further information, please contact:

Investment Manager to the Company

Unicorn Asset Management Limited

Chris Hutchinson

Telephone: 020 7253 0889

Email: info@unicornam.com

 

Distributor to the Offer

LGBR Capital LLP

Luke Reeves

Telephone: 020 7071 3940

Email: sales@lgbrcapital.com

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
PDIEKLFLKFFLBBB
Close


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Offer for Subscription and Issue of Prospectus - RNS