Risk Factors

Investment in the company involves a significant degree of risk and may not be suitable for all recipients of the Investment Memorandum. A prospective investor should consider carefully whether an investment in the company is suitable in light of their personal circumstances and the financial resources available to them, and should not invest more than they can afford to lose after tax mitigation.

An investment in the company may not be suitable for all types of authorised recipients. The value of an investment can go down as well as up, and investors may not get back the full amount subscribed or, indeed, may lose their entire investment.

What type of investor are you?

Sophisticated Investor 

By selecting Sophisticated Investor:

1. I can receive financial promotions that may not have been approved by a person authorised by the Financial Conduct Authority;

2. The content of such financial promotions may not conform to rules issued by the Financial Conduct Authority;

3. By signing this statement, I may lose significant rights

4. I may have no right to complain to either of the following :

The Financial Conduct Authority; or

The Financial Ombudsman Scheme

5. I may have no right to seek compensation from the Financial Services Compensation Scheme.

I am a self-certified sophisticated investor because at least one of the following applies:

  1. I am a member of a network or syndicate of business angels and have been so for at the least the last six months prior to the date below:

  2. I have made more than one investment in an unlisted company in the two years prior to the date below;

  3. I am working or have worked in the two years prior to the date below, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises;

  4. I am currently or have been in the two years prior to the date below, a director of a company with an annual turnover of at least £1 million. I accept that I can lose my property and other assets from making investment decisions based on financial promotions. I am aware that it is open to me to seek advice from someone who specialises in advising on investments.

High-Net-Worth Individual 

By selecting High-Net-Worth Individual:

  1. I can receive financial promotions that may not have been approved by a person authorised by the Financial Conduct Authority;

  2. The content of such financial promotions may not conform to rules issued by the Financial Conduct Authority;

  3. By selecting High-Net-Worth Individual, I may lose significant right

  4. I may have no right to complain to either of the following: The Financial Conduct Authority; or The Financial Ombudsman Scheme

  5. I may have no right to seek compensation from the Financial Services Compensation Scheme

I am a certified high net worth individual because at least one of the following applies:

  1. I had, during the financial year immediately preceding the date below, an annual income to the value of £100,000 or more;

  2. I held, during the financial year immediately preceding the date below, net assets to the value of £250,000 or more. Net assets for these purposes do not include: The property which is my primary residence or any loan secured on that residence; Any rights of mine under a qualifying contract of insurance within the meaning of The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001; or Any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled. I accept that I can lose my property and other assets from making investment decisions based on financial promotions. I am aware that it is incumbent on me to seek advice from someone who specialises in advising on investments.