REG-OBERON AIM VCT PLC Publication of an Offer Document and Relevant Related Party Transaction

Oberon AIM VCTAnnouncement

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Publication of an Offer Document and Relevant Related Party Transaction

 

23 March 2026

OBERON AIM VCT PLC

LEI: 213800ZDLLGLVL2YTB47

Publication of an Offer Document and Relevant Related Party Transaction

Offer for Subscription

The Board of Oberon AIM VCT plc (the "Company") is pleased to announce that
the Company has today published an offer document (the "Offer Document") in
relation to an offer for subscription under which the Company is seeking to
raise up to £1.85 million (the "Offer") by the issue of ordinary shares in
the capital of the Company ("Ordinary Shares").

The Offer is now open and will close on 22 March 2027 (unless fully subscribed
by an earlier date or closed at the Directors' discretion). Persons intending
to apply for Ordinary Shares under the Offer for the 2025/26 tax year should
note that the deadline for such applications is 2.00 p.m. on 26 March 2026.

Relevant Related Party Transaction

As part of the Offer, the Company has entered into an agreement with Oberon
Investments Limited, dated 23 March 2026 (the "Promoter’s Agreement"). Under
the Promoter’s Agreement, Oberon Investments Limited will promote the Offer
and use its reasonable endeavours to procure subscribers for shares in the
Company.

As consideration for the services to be provided under the Promoter’s
Agreement, the Company shall pay Oberon Investments a fee of up to 2.5 per
cent. (in respect of Investors subscribing through intermediaries) and up to
5.0% (in respect of direct Investors) of the gross amount subscribed under the
Offer, subject to a cap of 4.99% of the Net Asset Value of the Company
(applied at the date of each payment and in aggregate in respect of all
payments under the Promoter's Agreement applied whensoever such fees are
paid). The Company shall bear the costs of the Offer and the costs of paying
commission to the eligible authorised intermediaries of Investors under the
Offer.

The investment manager of the Company is Oberon Investments Limited. Under the
UK Listing Rules of the FCA, a related party of a closed-ended investment fund
includes the investment manager of the fund. As such, entry into the
Promoter’s Agreement constitutes a relevant related party transaction as
defined in UKLR 11.5.4R. The Board considers the arrangement under the
Promoter’s Agreement to be fair and reasonable as far as the shareholders of
the Company are concerned having been so advised by the Company's sponsor,
SPARK Advisory Partners Limited.

The Offer Document is available to download from the Company's website,
https://oberonaimvct.co.uk/investor-centre
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Foberonaimvct.co.uk%2Finvestor-centre&esheet=54457891&newsitemid=20260323293191&lan=en-US&anchor=https%3A%2F%2Foberonaimvct.co.uk%2Finvestor-centre&index=1&md5=2ad059800844c64aafeb0d46f1090cb5)
, and hard copies are available, free of charge from the Company’s manager,
Oberon Investments Limited, 2nd Floor, 6 Duke Street, London, England, SW1Y
6BN.

All capitalised terms used and not defined in this announcement shall have the
same meaning as in the Offer Document.

For further information please contact:
 Company Secretary                     
 
                  
                  
 
                  
                  
 
                  
                  
 
John Beaumont     
+44 203 179 5300  
 
                  
                  
 
                  
                  


 



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OBERON AIM VCT PLC


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