Issue of Equity

Unicorn AIM VCT plc

23 January 2014

Issue of Equity

The Board of Unicorn AIM VCT plc (the "Company") is pleased to announce that on
22 January 2014, it allotted and issued 252,431 new ordinary shares of 1 penny
each ("Ordinary Shares") at a price of 144.5p pence per share under the Offer
for Subscription launched on 20 September 2013.

Application has been made to the UK Listing Authority and the London Stock
Exchange for the new Ordinary Shares to be admitted to the Official List and to
trade on the London Stock Exchange's main market for listed securities, and
dealings are expected to commence on 29th January 2014.

Following this allotment, the Company now has 59,315,625 Ordinary Shares in
issue.

The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FCA's
Disclosure and Transparency Rules.

For further information please contact:

Robert Brittain at Mobeus Equity Partners LLP (the Company Secretary) on 020
7024 7600 or by email at [e-mail]; or

Chris Hutchinson at Unicorn Asset Management Limited (the Company's Investment
Manager) on 020 7253 0889.