Update on offer for subscription

25 August 2020

Amati AIM VCT plc (the "Company")

Legal Entity Identifier: 213800HAEDBBK9RWCD25

Update on offer for subscription

The Board of Amati AIM VCT plc (the "Company") announced on 14 August 2020 that the offer for subscription to raise up to £25,000,000 (with an over-allotment facility to raise up to a further £20,000,000) as detailed in a prospectus published by the Company on 31 October 2020 (the "Prospectus") had re-opened and that the Board was seeking to raise the full £20,000,000 available under the over-allotment facility.

In that announcement it was stated that it was intended that the next allotment of shares would be on or around 14 September 2020. However, due to the volume of subscriptions that have been received by the Company, the Board have resolved to move the next allotment date forward to 2 September 2020.

Thereafter allotments will be made at the discretion of the Board. The Offer will close at 12 noon on 16 October 2020 (unless the Offer is fully subscribed before this date and/or the Board closes the Offer earlier, which it may do in its sole discretion).

The Prospectus is available at www.amatiglobal.com and https://data.fca.org.uk/#/nsm/nationalstoragemechanism and, until 30 October 2020, copies are available for collection, free of charge, from the offices of Amati Global Investors and the offices of Dickson Minto W.S. on any Business Day. Copies can also be requested by contacting Amati Global Investors on +44 (0)131 503 9115 or by email at [email protected].

Subscriptions can be made online at www.amatioffer.com or by completing the subscription form contained in the Prospectus.

For further information, please contact Samantha Dalby on +44 (0)131 503 9115 or email: [email protected]