Unicorn AIM VCT PLC - Dividend Declaration

Unicorn AIM VCT PLC (the "Company")

LEI: 21380057QDV7D34E9870

Announcement of Special Dividend

The Company announced on 28 November 2025 that Hasgrove Ltd ("Hasgrove") had been acquired by Castik Capital S.à r.l. ("Castik") and that the Company's final share of the proceeds was £88m. £22m of these proceeds were invested alongside funds managed by Castik, the Executive Team, and the former Chair of Hasgrove in Maia TopCo Ltd, the new company formed to acquire Hasgrove to enable Unicorn AIM VCT plc. to continue to participate in the future growth of Hasgrove. The remaining £66m was received in cash.

Tim Woodcock, Chair, Unicorn AIM VCT plc. Commented at the time:

"The Unicorn team have delivered an excellent result in both realising considerable cash proceeds from the investment for the Company's shareholders, and negotiating a deal which enables the VCT to participate in the future growth of Hasgrove"

The Directors of the Company have now resolved to distribute £50m of the gains to Shareholders following the disposal. As a result, the Directors have declared a Special Dividend of 23.0p per ordinary share.

The dividend will be paid on 5 March 2026 to Shareholders on the register on 23 January 2026 and the shares will be quoted ex-dividend* on 22 January 2026.

Further to the announcement released on 27 November 2025 of the intention to launch an Offer for subscription and following the change in the VCT rules in the Budget, including the reduction in the tax credit on new subscriptions from 30% to 20% in the tax years commencing on and from 6 April 2026, the Board has decided to increase the size of the Offer for subscription to raise £20 million (with an over-allotment facility to raise up to a further £15 million) through the issue of new ordinary shares.  Full details of the Offer are expected to be published in late January 2026. 

Shareholders are reminded that, should they wish to reinvest their dividends into new shares in the Company, the Dividend Reinvestment Scheme ("DRIS") is open to all Shareholders to join, and new shares issued should, subject to an individual shareholder's personal circumstances, attract the 30% tax credit given on new investment.  Details on how to join the DRIS can be found on the Company's website: https://unicornaimvct.co.uk/dividend-reinvestment-scheme/.

The Board will continue to consider the payment in the future of a further special dividend relating to the balance of the proceeds from the disposal of Hasgrove shares, subject to prevailing circumstances and market conditions.

*  Shares acquired on or after the ex-dividend date will not qualify for the dividend

For further information, please contact:

ISCA Administration Services Limited (the Company Secretary) on

01392 487056; or unicornaimvct@iscaadmin.co.uk