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Unicorn AIM VCT PLC Issues New Shares to Raise Capital

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Unicorn AIM VCT ( (GB:UAV) ) has issued an update.

Unicorn AIM VCT PLC has announced the successful allotment and issuance of 17,065,415 new Ordinary Shares as part of its Offer for Subscription, which aims to raise up to £20 million with an additional £5 million overallotment option. The new shares, priced between 91.59p and 96.04p, are set to be admitted to the Official List and trade on the London Stock Exchange’s main market, with dealings expected to commence on 14 March 2025. This move increases the company’s total Ordinary Shares in issue to 208,760,592, potentially enhancing its market presence and providing additional capital for future investments.

More about Unicorn AIM VCT

Average Trading Volume: 58,918

Technical Sentiment Consensus Rating: Buy

See more data about UAV stock on TipRanks’ Stock Analysis page.

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