Promotion and Communication Statements | Restricted High Net Worth Investor | Certified Sophisticated | Template for FCA Applications and Authorised Firms

Restricted High Net Worth Investor Statement

“I make this statement so that I 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 I declare that I qualify as such because at least one of the following applies to me: –

1. I had, throughout the financial year immediately preceding the date below, an annual income to the value of £100,000 or more. Annual income for these purposes does not include money withdrawn from my pension savings (except where the withdrawals are used directly for income in retirement).

2. I held, throughout the financial year immediately preceding the date below, net assets to the value of £250,000 or more. Net assets for these purposes do not include:

a. the property which is my primary residence, or any money raised through a loan secured on that property; or
b. any rights of mine under a qualifying contract of insurance; or
c. any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled; or
d. any withdrawals from my pension savings (except where the withdrawals are used directly for income in retirement).

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all the money or other property invested. I am aware that it is open to me to seek advice from an authorised person who specialises in advising on non-readily realisable securities.”

Signature:       ______________________________

Date:               ________________

Certified Sophisticated Investor Statement

“I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-readily realisable securities. The exemption relates to certified sophisticated investors and I declare that I qualify as such.

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all the money or other property invested. I am aware that it is open to me to seek advice from an authorised person who specialises in advising on non-readily realisable securities.”

Signature:       ______________________________

Date:               ________________

Certified Sophisticated Investor Statement

“I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-readily realisable securities. I understand that this means: –

a. I 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
b. the investments to which the promotions will relate may expose me to a significant risk of losing all the property invested
c. I am a self-certified sophisticated investor because at least one of the following applies: –
d. I am 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 below
e. I have made more than one investment in an unlisted company in the two years prior to the date below
f. I am working, or have worked in the two years prior to the date below, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises
g. I am currently or have been in the two years prior to the date below, a director of a company with an annual turnover of at least £1 million.

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

Signature:       ______________________________

Date:               ________________

Restricted Investor Statement

“I make this statement so that I can receive promotional communications relating to non-readily realisable securities as a restricted investor. I declare that I qualify as a restricted investor because: –

a. in the twelve months preceding the date below, I have not invested more than 10% of my net assets in non-readily realisable securities; and
b. I undertake that in the twelve months following the date below, I will not invest more than 10% of my net assets in non-readily realisable securities.

Net assets for these purposes do not include: –

the property which is my primary residence, or any money raised through a loan secured on that property;

a. any rights of mine under a qualifying contract of insurance; or
b. any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be entitled; or
c. any withdrawals from my pension savings (except where the withdrawals are used directly for income in retirement).

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all the money or other property invested. I am aware that it is open to me to seek advice from an authorised person who specialises in advising on non-readily realisable securities.”

Signature:       ______________________________

Date:               ________________