PART II U.K.STATEMENT FOR SELF-CERTIFIED SOPHISTICATED INVESTORS
2. The statement to be signed for the purposes of article 50A(1) (definition of self-certified sophisticated investor) must be in the following form and contain the following content—U.K.
“Statement for Self-Certified Sophisticated Investor
I declare that I am a self-certified sophisticated investor for the purposes of the Financial Services and Markets Act (Financial Promotion) Order 2005.
I understand that this means:
(a)I can receive financial promotions that may not have been approved by a person authorised by the Financial Services Authority;
(b)the content of such financial promotions may not conform to rules issued by the Financial Services Authority;
(c)by signing this statement I may lose significant rights;
(d)I may have no right to complain to either of the following—
(i)the Financial Services Authority; or
(ii)the Financial Ombudsman Scheme;
(e)I may have no right to seek compensation from the Financial Services Compensation Scheme.
I am a self-certified sophisticated investor because at least one of the following applies—
(a)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;
(b)I have made more than one investment in an unlisted company in the two years prior to the date below;
(c)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;
(d)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 £l million.
I accept that I can lose my property and other assets from making investment decisions based on financial promotions.
I am aware that it is open to me to seek advice from someone who specialises in advising on investments.
Signature Date”.