Publication of an Offer Document and Relevant Related Party Transaction

Summary by AI ^BETAClose X

Oberon AIM VCT plc has published an offer document for a subscription offer aiming to raise up to £1.85 million through the issuance of ordinary shares, with applications for the 2025/26 tax year due by 2.00 p.m. on 26 March 2026. The company has also entered into a Promoter’s Agreement with its investment manager, Oberon Investments Limited, to promote the offer, for which Oberon Investments will receive fees of up to 2.5% for intermediary subscriptions and up to 5.0% for direct subscriptions, capped at 4.99% of the Company's Net Asset Value. The Board considers this related party transaction fair and reasonable, as advised by its sponsor.

Disclaimer*

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, 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