Please read the statement below very carefully and if you think this applies to you digitally sign at the bottom:
Sophisticated Investor Statement
I declare that I am a sophisticated investor for the purposes of the restriction on promotion of non-readily realisable securities. I understand that this means:
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;
the investments to which the promotions will relate may expose me to a significant risk of losing all of the property invested.
I am a sophisticated investor because at least one of the following applies:
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;
I have made more than one investment in an unlisted company in the two years prior to the date below;
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;
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 of 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.
I understand and accept the 5 Risk Warnings being:
1. Loss of Capital
Most early-stage businesses and many other businesses fail, and if you invest in a business AAP Movies Limited it is significantly more likely that you will lose all of your invested capital than you will see any return of capital or a profit. You should not invest more money in AAP Movies Limited than you can afford to lose without altering your standard of living.
AAP Movies Limited shares are highly illiquid. It is very unlikely that there will be a secondary market for the shares of the business. This means that you are unlikely to be able to sell your shares until and unless the business floats on a stock exchange or is bought by another company; and, even if the business is bought by another company or floats, your investment may continue to be illiquid. Even for a successful business, a flotation or purchase is unlikely to occur for a number of years from the time you make your investment.
3. Rarity of Dividends
AAP Movies Limited rarely pay dividends. This means that if you invest in a business through the platform, even if it is successful you are unlikely to see any return of capital or profit until you are able to sell your shares. Even for a successful business, this is unlikely to occur for a number of years from the time you make your investment.
Any investment you make in AAP Movies Limited is likely to be subject to dilution. This means that if the business raises additional capital at a later date, it will issue new shares to the new investors, and the percentage of the business that you own will decline. These new shares may also have certain preferential rights to dividends, sale proceeds and other matters, and the exercise of these rights may work to your disadvantage. Your investment may also be subject to dilution as a result of the grant of options (or similar rights to acquire shares) to employees of, service providers to or certain other contacts of, the business.
If you choose to invest in AAP Movies Limited, such investments should only be made as part of a well-diversified portfolio. This means that you should invest only a relatively small portion of your investible capital in such businesses, and the majority of your investible capital should be invested in safer, more liquid assets. It also means that you should spread your investment between multiple businesses rather than investing a larger amount in just a few.