Investor Application Form

Disclaimer

THIS INFORMATION IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

If you are in any doubt about the action you should take or the contents of this website or the invitation document ( the “Invitation Document”), you should contact your  professional adviser who is authorised by the Financial Conduct Authority (“FCA”) to conduct investment business and who specialises in advising on investments in shares, bonds and other securities, including unlisted securities.

The contents of this website and the Invitation Document constitutes an invitation to subscribe for bonds (“Asset-Backed Prindiville Bonds”) in Prindiville PLC (“the “Company”) on the terms and conditions set out in the Invitation Document.

Investors should not subscribe for any of the Asset-Backed Prindiville Bonds referred to in these web pages or the Invitation Document, except on the basis of the information published in the Invitation Document and the instrument dated 01/11/2016 constituting the Asset-Backed Prindiville Bonds of the Company (the “Instrument”) set out on page 31 of the Invitation Document.

Your attention is particularly drawn to the “Risk Factors” which are set out on page 20 of the Invitation Document. Prospective investors should consider carefully whether an investment in  the Asset-Backed Prindiville Bonds is suitable for them in the light of their personal circumstances. Asset-Backed Prindiville Bonds are an unsecured debt of the Company and they may not be a suitable investment for all. Asset-Backed Prindiville Bonds  are not transferable or negotiable on the capital markets and no application is to be made for the Asset-Backed Prindiville Bonds to be admitted to listing or trading on any market.

Investment in an unquoted security of this nature, being an illiquid investment, is speculative,  involving a degree of risk. Other than in exceptional circumstances, it will not be possible to sell or realise Asset-Backed Prindiville Bonds before they mature or to obtain reliable information about the risks to which they are exposed.

The Asset-Backed Prindiville Bond is an unsecured debt of the Company and there is no certainty that the, will be able to repay them.

This section of the website, which is a financial promotion for the purposes of Section 21 of the Financial Services and Markets Act 2000 (“FSMA”), is issued by the Company which accepts responsibility for the information contained herein. This website has been approved as a financial promotion for UK publication by NCM Fund Services Ltd (“NCM”), which is authorised and regulated by the Financial Conduct Authority. NCM is registered on the Financial Conduct Authority’s Register with registered number 183732. NCM is acting exclusively for the Company in connection with the issue of The Asset-Backed Prindiville Bonds for promotion to the limited class of persons listed in FCA COBS Rule 4.7.7 (being (a) certified as a “high net worth investor”; (b) certified as a “sophisticated investor”; (c) self-certified as a “sophisticated investor” or (d) certified as a “restricted investor”. NCM will not regard any other person as its customer or be responsible to any other person for providing the protections afforded to customers of NCM or for advising any such person in relation to the issue of Asset-Backed Prindiville Bonds. Applications should only be made on the basis of the Invitation and Instrument.

This website and the Invitation Document do not constitute an offer of transferable securities to the public and accordingly do not constitute a prospectus to which the Prospectus Rules of the FCA apply. Therefore this website, the Invitation Document and the Instrument have not been approved by the FCA or any other regulatory body.

You should ensure that you have read and understood all of the Invitation Document before applying for Asset-Backed Prindiville Bonds. If you are in any doubt as to the contents of this website or the Invitation Document, or whether subscribing for Asset-Backed Prindiville Bonds is a suitable investment for you, you should seek your own independent advice from an appropriately qualified financial adviser authorised under the FSMA and who specialises in advising on the acquisition of unlisted securities.

By completing the prospective Investor Categorisation section and Questionnaire prior to having been supplied or otherwise given access to this Invitation Document you have confirmed that you are one of the category of persons (a) to (d) above and are permitted to receive the Invitation Document and apply for the Asset-Backed Prindiville Bonds.

This website and the Invitation Document do not constitute an offer to sell, or the solicitation of an offer to buy, Asset-Backed Prindiville Bonds in any jurisdiction in which such offer or solicitation is unlawful and, in particular the United States, Canada, Australia or Japan. Asset-Backed Prindiville Bonds have not been and will not be registered under the applicable securities laws of the United States, Canada, Australia or Japan and may not be offered or sold within the United States, Canada, Australia or Japan or to any national, resident or citizen of the United States, Canada, Australia or Japan.

The distribution of the Invitation Document in other jurisdictions may  be restricted by law and therefore persons into whose possession this document comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdictions.

Communications sent by you to the Receiving Agent shall be treated as delivered to the Receiving Agent on the day of actual receipt by the Receiving Agent. All documents, payments or electronic information and communications sent by, to or from you or on your behalf will be sent entirely at your own risk.

The Asset-Backed Prindiville Bonds are not protected from loss by the Financial Services Compensation Scheme.

Investor Category

Please Note: Neither NCM Fund Services Limited nor Prindiville PLC are permitted to advise you on your investor category. If you are unsure which category you belong to, please seek assistance from a financial adviser

You will be classified as a Restricted Investor if you confirm that you will not in the next 12 months (and have not in the previous 12 months) invested more than 10% of your net assets in investments which are “non-readily realisable securities”.

1. “non-readily realisable securities” include stocks, bonds, and shares in companies which cannot easily be sold. These include shares and bonds in private companies and in public companies that are not traded on the Main Market of the London Stock Exchange. The bond will be a “non-readily realisable security”.
2. “net assets” for these purposes exclude your primary residence and any money raised through a loan secured on this property, the value of any life insurance or assurance policy and the value of any pension plan or permanent health insurance plan. Hence, broadly speaking, net assets for these purposes include savings in banks and building societies, and savings in the form of direct holdings of shares in companies traded on the Main Market of the London Stock Exchange or holdings in unit and investment trusts

To illustrate, if you have cash saved in a building society totalling £25,000 and savings in a unit trust totalling £75,000 at the date at which you invest in the bond, and in the previous twelve months you have not invested in a similar mini bond issue or in any shares in private companies or companies quoted on a stock market other than the Main Market of the London Stock Exchange, you will be deemed to have net assets for the purposes of investing in the bond of £100,000. You can therefore invest up to £10,000 in the bond, but cannot invest in other mini bonds or other non-readily realisable securities in the next 12 months.

Restricted Investor Confirmation
You confirm that you can receive promotional communications relating to unlisted shares and unlisted debt securities as a Restricted Investor. You declare that you qualify as a Restricted Investor because: in the twelve months preceding the date hereof, you have not invested more than 10% of your net assets in unlisted shares or unlisted debt securities; and you undertake that in the twelve months following the date hereof, you will not invest more than 10% of your net assets in unlisted shares or unlisted debt securities. Net assets for these purposes do not include: the property which is your primary residence or any money raised through a loan secured on that property; any rights of mine under a qualifying contract of insurance; or any benefits (in the form of pensions or otherwise) which are payable on the termination of your service or on your death or retirement and to which you are (or your dependants are), or may be entitled. You accept that the investment to which the promotions will relate may expose you to a significant risk of losing all the money or other property invested. You confirm that you are aware that it is open to you to seek advice from an authorised person who specialises in advising on unlisted shares and unlisted debt securities.

If you earn more than £100,000 a year or have net assets of more than £250,000, the High Net Worth Investor category may be applicable to you.

High Net Worth Investor Confirmation
You confirm that you can receive promotional communications which are exempt from the restriction on promotion of non-readily realisable securities .The exemption relates to certified High Net Worth Investors and you declare that you qualify as such because at least one of the following applies to you:
1. you have throughout the financial year immediately preceding the date hereof an annual income to the value of £100,000 or more; or
2. you held throughout the financial year immediately preceding the date hereof net assets to the value of £250,000 or more.

Net assets for these purposes do not include:
1. the property which is your primary residence or any money raised through a loan secured on that property;
2. any rights of mine under a qualifying contract of insurance; or
3. any benefits (in the form of pensions or otherwise) which are payable on the termination of your service or on your death or retirement and to which you are (or your dependants are), or may be entitled.

You accept that the investments to which the promotions will relate may expose you to a significant risk of losing all of the money or other property invested. You are aware that it is open to you to seek advice from an authorised person who specialises in advising on bonds of this type.

If you have invested in more than one unlisted company in the last two years or been a member of a business angel syndicate or network for at least six months, this category is probably applicable to you.

Self-Certified Sophisticated Investor Confirmation

You declare that you are a Self-Certified Sophisticated Investor for the purposes of the restriction on promotion of non-readily realisable securities. You confirm that you understand that this means:

  1. you can receive promotional communications made by a person who is authorised by the Financial Conduct Authority which relate to investment activity in non-readily realisable securities; and
  1. the investments to which the promotions will relate may expose you to a significant risk of losing all the property invested.

You confirm that you are a Self-Certified Sophisticated Investor because at least one of the following applies:

  1. you are 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 hereof;
  2. you have made more than one investment in an unlisted company in the two years prior to the date hereof;
  3. you are working, or have worked in the two years prior to the date hereof, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises; or
  4. you are currently, or have been in the two years prior to the date hereof, a director of a company with an annual turnover of at least £1 million.

You accept that the investments to which the promotions will relate may expose you to a significant risk of losing all the money or other property invested. You confirm that you are aware that it is open to you to seek advice from someone who specialises in advising on non-readily realisable securities

A ‘Sophisticated Investor’ sometimes referred to as an 'Advised Investor' is someone who has an FCA regulated adviser, perhaps an Independent Financial Adviser (IFA), and will receive advice from them about each investment they make.

Sophisticated Investor Confirmation

You confirm that you are a client of a firm that has assessed you as suitable to receive financial promotions. You accept that the investments to which the promotions relate may expose you to a significant risk of losing all the money or other property invested. You are aware that it is open to you to seek advice from an authorised person who specialises in advising on unlisted shares and unlisted debt securities.

Prindiville Plc Asset-Backed Bond

as featured on various Press and Media

Mini-bond is one way of getting luxury car business up to speed

In a business that defies traditional lending logic, bypassing the banks can make sense
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Supercar investments skyrocket

Collector and luxury cars have seen their value increase by over 450% in just one decade. CNBC’s Phil Han reports on why it might be a smart investment.
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Are New Supercars Ever A Good Investment?

Founder of supercar specialist says that some new cars are actually fast and furiously good financial investments.
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The Sunday Telegraph

High Octane Supercar Bond Pays 7.5 PC a Year

Well-heeled investors have been offered an annual income of 7.5pc from a “min-bond” issued by a supercar dealership.
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Wealth Adviser

Prindiville launches supercar mini-bond

Luxury car dealership Prindiville is launching a mini-bond giving investors an opportunity to buy into the supercar market.
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MSN

Revolutionary scheme to invest in Supercar market launched

Luxury car dealership Prindiville plc is launching a mini-bond to expand its business,
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