Page 74 - Praetura EIS 2019 Fund Information Memorandum

Risk Factors

marketers may have a conflict of interest in advising prospective investors whether to General risks
invest in the Fund. Prospective investors should not regard the contents of this Information
Memorandum as constituting advice relating to legal, taxation or investment
Conflicts of interest may arise in connection with decisions made by the Fund Manager matters and should consult their own professional advisors before contemplating
that may be more beneficial for certain Investors than for others. any investment or transaction.

In making such decisions, the Fund Manager intends to consider the investment objectives The contents of this Information Memorandum makes reference to the current
of the Fund as a whole, not the investment objectives of any individual Investor. laws concerning EIS Relief, Business (Property) Relief, Capital Gains Deferral
and Capital Gains Exemption. These levels and bases of relief may be subject
The Fund Manager may provide certain Investors with the opportunity to co-invest in to change. The tax reliefs referred to in this Information Memorandum are those
Investments. Potential conflicts may be inherent in, or arise from, the Fund Manager currently available and their value depends on individual circumstances.
discretion in providing such opportunities to certain Investors. In addition, once such
co-investments are made, the Fund’s interests and those of co-investing Investors may All statements of opinion and/or belief contained in this document and all views
subsequently diverge. expressed and all projections, forecasts or statements relating to expectations
regarding future events or the possible future performance of the Fund
represent Praetura Ventures’ own assessment and interpretation of information
available to it as at the date of this document. No representation is made or
assurance given that such statements, views, projections or forecasts are correct
or that the objectives of the Fund will be achieved. Prospective investors must
determine for themselves what reliance (if any) they should place on such
statements, views, projections or forecasts and no responsibility is accepted by
Praetura Ventures in respect thereof.

Prospective Investors are strongly advised to conduct their own due diligence
including, without limitation, the legal and tax consequences to them of
investing in the Fund.