Self-Certification as a High Net Worth Individual

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me::

(a) I had, throughout the financial year immediately preceding the date below, an annual income to the value of £170,000 or more. Annual income for these purposes does not include money withdrawn from my pension savings (except where the withdrawals are used directly for income in retirement).

(b) I held, throughout the financial year immediately preceding the date below, net assets to the value of £430,000 or more. Net assets for these purposes do not include:
i) the property which is my primary residence or any money raised through a loan secured on that property; or
ii) any rights of mine under a qualifying contract of insurance; or
iii) 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 dependents are), or may
be, entitled;
iv) 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 professional advice before making any investment in a high-risk investment.

 

Self-Certification as a Sophisticated Investor

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:
(a) can receive promotional communications made by a person who is authorised by the Financial Conduct Authority which relate to investment activity in non-mainstream pooled investments;

(b) the investments to which the promotions will relate may expose me to a significant risk of losing all ofthe property invested.

(c) One of the following definitions apply:
i) I am a self-certified sophisticated investor because at least one of the following applies:I am a member of a network or syndicate of business angels and have been so for at least the last six months prior to the date below;
ii) I have made more than one investment in an unlisted company in the two years prior to the date below;
iii) 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;
iv) 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 £1.6 million.

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 professional advice before making any investment in a high-risk investment”

The following terms and conditions set out the basis of our relationship with you as a potential investor. We reserve the right to cease communicating with you at any time at our absolute discretion and we reserve the right to vary these terms and conditions.

YOUR INFORMATION
Your information (including information we already hold and may receive now and in the future) may be held by us or transferred in accordance with our registration under the Data Protection Act. A copy of our registration is available from the Office of the Data Commissioner or from our head office at the address below. If you do not wish your information to be used for these purposes, you should write to us at the address below. With limited exceptions, you have the right to access and, if necessary, rectify the information that we hold about you.

General Data Protection Regulation: Under the General Data Protection Regulation (“GDPR”), B&Y Consultants Ltd operates both as Controller and Processor of data. We are required to collect, hold, process and store personal and sensitive data of our clients so as to provide them with our products and services. This data collection and processing will be kept to a minimum and done for the sole purpose of providing our products and services, whilst complying with various statutory and regulatory obligations.

Should you continue applying for a product or service (be it successful or not), you are hereby entering a voluntary contract with B&Y Consultants Ltd for products and services and this contractual GDPR processing justification of your personal data is a condition of this agreement, or application. Should you not want to undertake providing personal data on this contractual basis, then please don’t start or cease continuing your application.

Investment opportunities communicated to you by B&Y Consultants Ltd are filtered according to the criteria which you have given to us on registration and in subsequent discussions, to ensure these are appropriate to you. This filtering must not be taken to imply advice that any opportunity will suit your investment requirements. If you require investment advice then please contact a suitable professional adviser. This is not a service offered by B&Y Consultants Ltd. B&Y Consultants Ltd will communicate with you by telephone, e-mail, in writing, and in person and you should expect to receive unsolicited calls in relation to B&Y Consultants Ltd from time to time. All communications with and from B&Y Consultants Ltd will be in English.

INVESTMENT INFORMATION AND RISK
You are required to make your own risk assessment. Investment in unquoted businesses carry high risks as well as the possibility of high rewards and an investor’s capital is at risk in making such investments. It is highly speculative and potential investors should be aware that no established market exists for the trading of shares in private companies. Your capital is at risk.

Please note that any tax treatments referred to in promotions approved or issued by B&Y Consultants Ltd will depend on the individual circumstances of the investor.

Investors should be aware that other costs and taxes may arise for them in relation to making investments. All of B&Y Consultants Ltd’s fees are payable by the client companies to whom it provides services.

You may have the right to protection under the Financial Services Compensation Scheme and the right to refer complaints to the Financial Ombudsman Service; this depends on the type of business and the circumstances of the claim or complaint.

Where a particular investment contains an overseas element, these protections may not be available. Further information about applicable compensation and protection is available from the FSCS and FOS.

All information given to you by B&Y Consultants Ltd is confidential and must not be passed to others without first seeking the approval of B&Y Consultants Ltd. It may not be used for any purpose other than to consider whether you should enter into discussions with the business described.

OUR RESPONSIBILTIES TO YOU
We will act with reasonable skill and care in our dealings with you. Subject to the duties of confidentiality we owe to our clients, we will use our reasonable endeavours to bring to your attention any matter of which we become aware that we believe might materially affect any investment decision. Unless we have been negligent, we and our Associates cannot and do not accept responsibility or liability for any loss of whatever nature, in connection with any investment proposal introduced to you by us.

YOUR RESPONSIBILITIES TO US
You warrant that the information you have given to us is complete and accurate in all material respects and further you undertake to keep us informed of any material changes to your contact details and/or financial position and/or investment requirements.

MONEY LAUNDERING REGULATIONS
We are required to undertake due diligence measures concerning our clients and this may include asking for evidence of your identity and obtaining information about persons who have substantial interests in or control over the management of certain types of client. If we begin acting pending completion of due diligence, we may have to cease acting if this is not completed within the time limits we advise. In the accordance with our money laundering reporting procedures, where suspicions of money laundering arise, there may be occasions where we are obliged to reveal information to appropriate authorities.​