Page 4 - Praetura Ventures - Venture Partner Program

Important Notice

All abbreviations, acronyms or designations used in this disclaimer are as No representation is made, or warranty given as to the accuracy,
defined in the body of the document. Reference to the Fund means the completeness, achievability or reasonableness of any projections, views,
Praetura EIS 2019 Fund. statements or forecasts, which are illustrative and rely on assumptions
which the Directors consider to be reasonable. Prospective Investors
This document is important and requires your immediate attention. If you must determine for themselves what reliance (if any) they should place
are in any doubt as to what action you should take it is recommended on such statements, views, projections or forecasts.
that you seek personal financial advice from your stockbroker, solicitor,
accountant or other financial advisor authorised by the Financial Conduct Investment in the Fund may not be suitable for all recipients of this
Authority (FCA) under the Financial Services and Markets Act 2000 (FSMA) document. A prospective Investor should consider carefully whether
specialising in advising on investments of this type, on whose advice you an investment in the Fund is suitable for them in light of their personal
should rely. circumstances and the financial resources available to them.

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

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.