UAVT Unicorn Aim Ii

 
TIDMUAV TIDMUAVT 
 
JOINT ANNOUNCEMENT 
 
UNICORN AIM VCT PLC ("VCT I") AND UNICORN AIM VCT II PLC ("VCT II") 
 
Possible Merger pursuant to a s.110 scheme of reconstruction under the 
Insolvency Act 1986 
 
The boards of VCT I and VCT II, which are both managed by Unicorn Asset 
Management Limited, are pleased to announce that they have reached agreement in 
principle on terms to merge the companies, subject to approval by shareholders 
of both companies, to achieve cost savings for the benefit of all shareholders. 
 
The intention is that this proposed merger will be completed pursuant to a 
s.110 scheme of reconstruction under the Insolvency Act 1986 by transferring 
the assets and liabilities of VCT II to VCT I in consideration for new VCT I 
shares to be issued to VCT II shareholders on a relative net asset value basis. 
A merger on this basis will be outside the provisions of The City Code on 
Takeovers and Mergers. 
 
Formal proposals will be forwarded to shareholders of both VCT I and VCT II 
shortly. 
 
Enquiries: 
 
Rob Brittain/Ross Lacey 
Matrix-Securities Limited (Company Secretary) 
Tel 020 3206 7109 
 
Chris Hutchinson 
Unicorn Asset Management Limited (Investment Manager) 
Tel 020 7523 0889 
 
4 December 2009 
 
 
END 
 

Grafico Azioni Unicorn Aim Vct Ii (LSE:UAVT)
Storico
Da Dic 2024 a Gen 2025

Grafico Azioni Unicorn Aim Vct Ii (LSE:UAVT)
Storico
Da Gen 2024 a Gen 2025