Unicorn AIM VCT plc

Legal Entity Identity number: 21380057QDV7D34E9870

Offer for Subscription and Issue of Prospectus

Unicorn AIM VCT plc (Company) has today launched an offer to raise up to £10 million, with an over-allotment facility to raise up to a further £5 million, through the subscription of up to a maximum of 15 million ordinary shares of 1p each (Offer). Full details of the Offer are contained in a prospectus (Prospectus), which was published by the Company today.

The Offer will open for applications at 9.00 a.m. on 6 February 2023 and will close for applications at 5.30 p.m. on 30 March 2023 (or, if earlier, as soon as the Offer is fully subscribed or otherwise at the board's discretion). Applications can only be made for the 2022/2023 tax year.

It is currently envisaged that there will be two allotments of shares pursuant to the Offer on or around 10 March 2023 and 4 April 2023 (or, if earlier, following full subscription). Allotment of shares may, however, be made more or less frequently at the discretion of the Board. Listing and commencement of dealings is expected to take place three business days following allotment.

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 (https://www.unicornaimvct.co.uk) and from the National Storage Mechanism (https://data.fca.org.uk/#/nsm/nationalstoragemechanism).

For further information, please contact:

Promoter to the Offer and Investment Manager to the Company

Unicorn Asset Management Limited

Chris Hutchinson

Telephone: 020 7253 0889

Email: [email protected]

Distributor to the Offer

LGBR Capital Limited

Glen Hamilton

Telephone: 020 3195 7100

Email: [email protected]