Terms and Conditions
The information and offers on this website may not be suitable for all investors and we therefore need to ensure that you are sufficiently aware of the risks and are of a suitable category as defined by the Financial Services and Markets Act to review and invest in any of the potential offers or funds. The information given on this website is not to be construed as advice relating to legal, taxation or investment matters and prospective investors are strongly recommended to seek their own personal investment or taxation advice from either their Stockbroker, Bank Manager, Solicitor, Accountant, Independent Financial Adviser or other professional adviser, who should be authorised under the Financial Services and Markets Act 2000.
Retail Clients (as defined in the rules of the Financial Services Authority) should seek the assistance of a Financial Adviser. You should only access the information in this section of EISA’s webside if you are a ‘sophisticated’ customer who is experienced in unquoted investments, understands the risks involved and can afford to lose all the money that you invest. We will need you to accept these terms and conditions in order to learn more about the information set out in this website, whether you invest or not.
The information set out in this website does not constitute or form part of any offer to issue or sell, or any solicitation of an offer to subscribe or purchase any investment, nor shall it or the fact of its distribution form the basis of, or be relied on in connection with any contract.
This website is aimed at UK Investors and is not aimed at persons who are residents of any other country, including the United States of America and South Africa where the funds referred to herein are not registered or approved for marketing and/or sale and where the dissemination of information on the funds or services is not permitted. The information provided on this website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution, publication or use would be contrary to local law or regulation. Individuals or legal entities in respect of whom such prohibitions apply, whether on the grounds of their nationality, their place of residence or on other grounds, must not access or use this website.
The information contained in this document is strictly confidential. The information contained herein may not be reproduced, distributed or published by any recipient for any purpose without the prior written consent of the EIS Association.
No representation, warranty, or undertaking, express or limited, is given as to the accuracy or completeness of the information or opinions contained on this website. As such, no reliance may be placed for any purpose on the information and opinions set out on this website.
Past performance is no guarantee of future performance. The value of shares in any investee companies may go down as well as up and Investors may not get back the full amount invested. Investors should not consider investing unless they can afford a total loss of their investment. Investments in unquoted shares carry higher risks than investments in quoted shares and involve a degree of risk as well as the opportunity of reward.
The investments included on this website may have no listing or quotation on any recognised stock exchange, although they may have or acquire a quotation on AIM or PLUS Markets or other trading platform. Therefore there may not be a recognised or active market for the shares of investee companies and it may be difficult to sell or realise the investment or obtain reliable information about its value. Investors should not consider investing funds which are or may be required before an exit can be found. Minority holdings in unquoted investments may be difficult to protect and difficult to realise. The timing of realisations of investments cannot therefore be predicted.
Investee companies may often be relatively small and highly dependent on the skills of a small group of key executives. Investments may often be especially vulnerable to changes in technology, government actions, changes in statute and competitive pressures. In particular, there may be changes to the EIS legislation which may affect Investor’s tax positions.
The tax reliefs referred to on this website are those currently applying or expected to apply. However, Investors should be aware that tax reliefs can change. Their applicability and value will depend upon the individual circumstances of a given Investor, and Investors should seek their own independent professional advice on their particular tax situation and the application of such tax reliefs prior to making any investment. Whilst the investments set out on this website may qualify for EIS and other tax advantageous breaks, there is no guarantee that EIS status or other tax efficient status can be maintained throughout the life of the investment. Both investee companies and Investors need to comply with the requirements of the EIS legislation in order to maintain EIS Relief and non-compliance may result in the loss or partial claw-back of EIS Relief and potential interest penalties.
EISA is a company limited by guarantee registered in England and Wales registered company no. 2480430. The material set out in this website is directed only at persons in the UK. It is not to be regarded as an offer or invitation to buy or sell an investment, nor does it solicit any such offer or invitation, nor does it seek to endorse any particular investment product. Any information set out on this website is given in good faith, but no reliance should be placed upon the same. Applications to invest in any investment product referred to on this website should be made to the relevant promoter. Users are recommended to take appropriate financial advice before entering into any investment transaction. Whilst EISA endeavours to ensure that its members are suitably qualified to advise on EIS, the Association neither endorses any particular member, product or company/firm wishing to raise money under the EIS nor does it accept any liability for advice given.