Unicorn AIM VCT Launches Up to £35m Share Offer Ahead of VCT Tax Relief Cut

Unicorn AIM VCT ( (GB:UAV) ) has provided an announcement.

Unicorn AIM VCT plc has launched a new offer for subscription to raise up to £20 million, with the potential to increase by a further £15 million through an over-allotment facility, via the issue of up to 60 million new ordinary shares. The offer, which spans the 2025/26 and 2026/27 tax years with multiple planned share allotments, is structured to allow investors to take advantage of current VCT tax reliefs, although subscriptions allocated to the 2026/27 tax year will attract a reduced 20% rate of upfront income tax relief following changes announced in the 2025 Autumn Budget; the timing of applications and payments is therefore critical for investors seeking the higher relief, and the board retains discretion over the frequency of allotments and the closing of the offer.

Spark’s Take on GB:UAV Stock

According to Spark, TipRanks’ AI Analyst, GB:UAV is a Neutral.

Unicorn AIM VCT’s stock score reflects strong investor interest and a robust balance sheet, balanced against significant operational and cash flow challenges. The stock’s high P/E ratio suggests overvaluation, while its attractive dividend yield offers some compensation. Technical indicators point towards a bearish market sentiment, reinforcing the need for caution.

To see Spark’s full report on GB:UAV stock, click here.

More about Unicorn AIM VCT

Unicorn AIM VCT plc is a UK-listed venture capital trust focused on providing investors with access to growth-oriented smaller companies, primarily those quoted on London’s Alternative Investment Market (AIM). The company offers tax-advantaged investment exposure to a diversified portfolio of early-stage and developing businesses, targeting long-term capital growth for its shareholders within the UK VCT framework.

Average Trading Volume: 12,860

Technical Sentiment Signal: Strong Buy

Learn more about UAV stock on TipRanks’ Stock Analysis page.