Compliance with Model Code

RNS Number : 4307U

Unicorn AIM VCT PLC

06 April 2016

 

Unicorn AIM VCT plc

Compliance with the Model Code

In accordance with LR15.5.1 (4), the Board of Unicorn AIM VCT plc (the "Company") announces that as a result of the publication of the month end Net Asset Value to a Regulatory Information Service ("RIS"), it is satisfied that all price sensitive information, of which the Company is aware, in the period leading up to the announcement of the financial results for the six months ended 31 March 2016 (the "Half-Year Results") has previously been notified to an RIS.  Therefore, the dealings referred to in Listing Rule 15.5.1 (3) are permitted.

The Company and persons discharging managerial responsibilities for the Company are accordingly exempt during the close period from the provisions of the Model Code in respect of dealings in the Company's own securities, unless the Company and/or any person discharging managerial responsibilities come into possession of any unpublished price sensitive information where upon they shall not be permitted to deal unless and until such information has been notified to an RIS.

The Company is also exempt during the close period from the provisions of the Model Code in respect of purchases by the Company of its own securities and therefore the Company intends, at the discretion of the Board, to consider making purchases of its own shares during the close period.

In order to maximise transparency for selling shareholders, such purchases, whether they take place during open or close periods, will normally be transacted in close proximity to the publication of month end Net Asset Values. The Company will not however make purchases of its own shares during any period when the Board is aware of material, share-price sensitive information until such information has been publicly announced.

The close period to which this notification relates is from the end of the Company's half-year on 31 March 2016 up to the announcement of the half year results in May 2016.

For further information, please contact:

Jon Carslake at ISCA Administration Services Limited (the Company Secretary) on

01392 487056; or [e-mail]

6 April 2016

 

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