28th June 2017
Amati VCT plc (the "Company")
Ahead of today's AGM, the Company wishes to announce that it is currently considering whether a merger of the Company with Amati VCT 2 plc is in the best interest of shareholders. Discussions are ongoing between the two companies' Boards. Whether a merger is proposed or not, the Boards of both VCTs are intending to launch a joint fundraising with a Prospectus to raise an amount in the region of £20m between the two VCTs later this year.
A further announcement will be made in due course once plans are finalised.
The Board does not consider this announcement to contain market sensitive information.
For further information please contact Rachel le Derf on 01315039104 or email
This information is provided by RNS