Page 77 - Praetura IM EIS2019 DRAFT

Definitions

London Stock Exchange The London Stock Exchange plc

Maximum Fund Size The maximum amount of Subscriptions by Investors determined by the Fund Manager

Minimum Fund Size The minimum amount of Subscriptions by Investors determined by the Fund Manager
Nominee Company The company appointed as nominee for investors First Corporate Law Services Limited

Nominee Services The services of custodian of shares, provided to investors by the Nominee Company (currently NCM Fund Services)

Opening Date 1st February 2019
Performance Fee A 20% fee charged by the Manager once the cumulative Fund performance has achieved a hurdle rate of 30% growth plus the capital deployed.

Private Equity (PE) Private equity is composed of funds and investors that directly invest in private companies, or that engage in buyouts of public companies, resulting in the delisting of public equity.

Praetura Ventures Praetura Ventures Limited is a company incorporated in England and Wales with the company number 11439791 and which is authorised and regulated by the FCA with Firm Reference Number [TBC]

Principal Firm Rudolf Wolf is the principal firm and is authorised and regulated by the Financial Conduct Authority. Firm reference number 468022.
Qualifying Companies Companies that qualify under EIS

Retail Client A client who is neither a professional client nor an eligible counterparty

SME Small and Medium enterprise
Subscription The amount of cash invested or committed to Praetura’s funds by an Investor at any one time (including applicable Praetura Ventures’ fees but excluding any intermediary or independent advisor fees payable).

Terms & Conditions
The terms and conditions of an investment set out in the applicable Investment Agreement

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