Investments of this type carry risks to your capital and are illiquid in nature. Tax reliefs depend on individual circumstances, maybe subject to change and depend on the investee companies maintaining their qualifying status. Investments should only be made on consideration of the full IM and the detailed risk factors contained therein.


I make this statement so that I can receive promotional communications relating to non-readily realisable securities as a restricted investor. I declare that I qualify as a restricted investor because:

  1. In the twelve months preceding today's date, I have not invested more than 10% of my net assets in non-readily realisable securities; and

  2. I undertake that in the twelve months following today's date, I will not invest more than 10% of my net assets in non-readily realisable securities.


Net assets for these purposes do not include:

  • The property which is my primary residence or any money raised through a loan secured on that property;

  • Any rights of mine under a qualifying contract of insurance; 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; or

  • Any withdrawals from my pension savings (except where the withdrawals are used directly for income in retirement).


I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me to seek advice from an authorised person who specialises in advising on non-readily realisable securities.