Unicorn AIM VCT plc would like to alert you that the Company has become aware that a small number of Shareholders along with those of other VCTs have received unsolicited telephone calls from persons purporting to be acting on behalf of a client who is looking to acquire their VCT shares at an attractive price. It is often stated by the caller that they already have a significant holding and are trying to obtain a 51% stake in the Company. We believe these calls are part of a “Boiler Room Scam”. Typically, these unsolicited calls originate from outside the UK, even though a UK address may well be quoted and a UK telephone number provided. If the Shareholder wishes to proceed, they are sent a non-disclosure agreement for the Shareholder to sign and return. If this is returned a payment may then be requested for a bond or insurance policy.
Shareholders are warned to be very suspicious if they receive any similar type of telephone call and are strongly advised never to respond to unsolicited calls and emails from people who are not known to them.
If you have any concerns, please contact The Company Secretary, ISCA Administration Services on 01392 487056, or email firstname.lastname@example.org.
Where do they obtain investors’ details?
Unicorn AIM VCT plc will never pass details of its Shareholders to a third party without their permission. Unfortunately, these scam companies take details from VCT shareholder registers which, under the Companies Act 2006, are public documents kept by all companies. Home telephone numbers are then obtained from lists of telephone numbers that are for sale on the Internet. Please be assured that the Company will never release Shareholder details to any third party without your authority and will seek to limit to the extent permissible by the Companies Act 2006 access by third parties to the Company’s share register.
Share Fraud Warning / Boiler Room Scams
The FCA (Financial Conduct Authority), the ICSA (Institute of Chartered Secretaries and Administrators) and the UK Registrars have produced a warning notice for shareholders, explaining what a boiler room scam is and how to avoid it. Further information can be found by visiting the FCA’s website.