Page 2 - IM - Praetura Ventures 2019 EIS Fund

Important Notice

All abbreviations, acronyms or designations used in this disclaimer constitute and should not be considered as an offer to buy or sell,
are as defined in the body of the document. Reference to the Fund or as a solicitation of an offer to buy or sell, any security or share.
means the Praetura EIS 2019 Fund.
No representation is made, or warranty given as to the accuracy,
This document is important and requires your immediate attention. completeness, achievability or reasonableness of any projections,
If you are in any doubt as to what action you should take it is views, statements or forecasts, which are illustrative and rely
recommended that you seek personal financial advice from your on assumptions which the Directors consider to be reasonable.
stockbroker, solicitor, accountant or other financial advisor authorised Prospective Investors must determine for themselves what reliance
by the Financial Conduct Authority (FCA) under the Financial Services (if any) they should place on such statements, views, projections or
and Markets Act 2000 (FSMA) specialising in advising on investments forecasts.
of this type, on whose advice you should rely.
Investment in the Fund may not be suitable for all recipients of
This information memorandum constitutes a financial promotion this document. A prospective Investor should consider carefully
pursuant to Section 21 of the Financial Services & Markets Act whether an investment in the Fund is suitable for them in light of
(FSMA) and is issued by Rudolf Wolff Limited as an Alternative their personal circumstances and the financial resources available
Investment Fund Manager authorised and regulated by the to them.
Financial Conduct Authority. The promotion of interests in the UK
is restricted under the FSMA and consequently this Memorandum All statements, other than statements of historical facts, included
is only directed at individuals to whom interests in the Fund may in this document may be forward-looking statements. Forward-
lawfully be marketed pursuant to FSMA. looking statements may include, without limitation, statements
relating to future capital expenditures, expenses, revenues,
This Memorandum is confidential and is approved only for earnings, economic performance, indebtedness, financial
distribution and direction to individuals who are classified as being condition, dividend policy, losses and future prospects, etc.
at least:
These forward-looking statements are not guarantees of future
performance. These forward-looking statements involve known
• A professional investor within the meaning of COBS 3.5: and unknown risks, uncertainties and other factors which may
• an eligible counterparty within the meaning of COBS 3.6.1R: cause the actual results, performance or achievements of any such
person, or industry, to be materially different from any results,
• an existing client of an authorised firm that will confirm performance or achievements expressed or implied by such
whether this investment is suitable for them within the forward-looking statements. These forward-looking statements are
meaning of COBS 4.7.8 (2) R: based on assumptions regarding the present and future business
strategies of such persons and the environment in which each will
• an individual certified as a high net worth investor within the operate in the future. Investors should not place undue reliance on
meaning of COBS 4.7.9 (1) R: such forward-looking statements and, save as is required by law or
regulation.
• an individual certified as a sophisticated investor within the
meaning of COBS 4.7.9 (2) R: The Company does not undertake any obligation to update
publicly or revise any forward-looking statements (whether to
• an individual who is self-certified as a sophisticated investor reflect any change in expectations with regard thereto or any
within the meaning of COBS 4.7.9 (3) R: change in events, conditions or circumstances on which any such
statement is based). All subsequent oral or written forward-looking
• an individual who is certified as a restricted investor within statements attributed to the Company or any persons acting on
the meaning of COBS 4.7.10 R its behalf are expressly qualified in their entirety by the cautionary
statement above. All forward-looking statements contained in this
By accepting this Information Memorandum, you represent and document are based on information available to the Directors at
warrant to the Fund Manager that you are a person who falls within the date of this document, unless some other time is specified in
the above description of individuals in respect of whom Rudolf relation to them, and the posting or receipt of this document shall
Wolff has approved it as a financial promotion. This Information not give rise to any implication that there has been no change in the
Memorandum is not to be disclosed to any other person, except facts set forth herein since such date.
where appropriate to your financial advisor or as required by law
or used for any other purpose. Any other person who receives this Reliance on this Document for the purpose of engaging in any
Information Memorandum should not rely on its contents. investment activity may expose a prospective Investor to a
significant risk of losing all of their capital or other assets invested.
Prospective Investors should not regard the contents of this Information Any investment by a prospective Investor in the Fund may be
Memorandum or any associated documents as constituting advice difficult to value and is likely to involve an above average level of
relating to legal, taxation or investment matters and are advised to risk. Prospective Investors should consider all risks associated with
consult their own professional advisors before contemplating any the type of investment described in this Document, including the
investment to which this Information Memorandum relates. No such risk factors as set out in the Document.
advice has been given by Praetura Ventures Limited and if you are
in any doubt about the suitability of such an investment, you should The manager of the Fund will be a person authorised to carry on
contact your financial advisor before doing so. investment business by the Financial Services Authority or under
the FSMA.
Your attention is drawn to the section entitled ‘Risk Factors’. Neither
this Information Memorandum nor any associated documents Prospective Investors must rely on their own investigation of the
constitute, and may not be used for the purposes of, an offer or Fund and examination of the risks involved, including the legal,
invitation to subscribe for any investment to which they relate, by taxation, financial and other consequences of investing in the Fund.
any person in any jurisdiction outside the United Kingdom. This Information Memorandum is dated 18 Janurary 2019.
This Information Memorandum and any associated documents and There are risks involved with this type of investment. Your attention
the information contained within them are not for publication or is drawn to the appendicies where these are documented in detail.
distribution to persons outside the United Kingdom. They do not

The approval of a fund by the Board of HM Revenue & Customs is relevant only for the purpose of attracting certain tax
advantages provided by section 251, Income Tax Act 2007. Such approval covers only certain administrative matters. It in no
way bears on the commercial viability of the investments to be made; neither does it guarantee the availability, amount or
timing of relief from income tax or capital gains tax.