Unicorn AIM VCT Announces Issue of Equity

August 13, 2024 11:52 AM BST | By Team Kalkine Media
 Unicorn AIM VCT Announces Issue of Equity
Image source: © Cammeraydave | Megapixl.com

Unicorn AIM VCT plc, a leading venture capital trust focused on investments in the Alternative Investment Market (AIM), has announced the allotment of 815,925 Ordinary Shares of 1p each. These shares were issued at a price of 105.00 pence per share, aligning with the company's latest published net asset value as of 31 July 2024.

Dividend Reinvestment Scheme

The newly allotted shares were issued to shareholders who opted to reinvest their Interim Dividend for the year ending 30 September 2024 through the Dividend Reinvestment Scheme. This option allowed shareholders to receive additional shares instead of cash.

Admission to Trading

An application has been made for the new shares to be admitted to the Official List of the UK Listing Authority and to begin trading on the London Stock Exchange's main market for listed securities. The commencement of dealings is expected on or around 14 August 2024.

Updated Share Capital and Voting Rights

Following this allotment, the total issued share capital of Unicorn AIM VCT plc now stands at 191,761,932 Ordinary Shares. This figure represents the total voting rights in the company and may be used by shareholders to determine the need for notifications regarding their interest in the company, as required under the FCA's Disclosure and Transparency Rules.

 


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