Unicorn AIM VCT plc commences share repurchases on February 15, 2022, under the program mandated by the shareholders in the Annual General Meeting held on February 3, 2022. As per the mandate, the company is authorized to repurchase up to 22,362,849 shares, or 14.99% of its issued share capital. The minimum price which may be paid per ordinary share will be 1 pence.

The maximum price which may be paid for any ordinary share is an amount equal to the higher of 5% above the average of the middle market quotations for a share taken from the London Stock Exchange Daily Official List for the five business days immediately preceding the day the share is contracted to be purchased and the price stipulated by Article 5(1) of the Buy-back and Stabilisation Regulation. The shares repurchased will be cancelled or held as treasury shares. The program will expire on the date falling 15 months or, if earlier, at the conclusion of the Annual General Meeting of the company to be held in 2023.

As at 6 December 2021, the company had 149,185,118 ordinary shares in issue.