Self Certification

You had, throughout the financial year immediately preceding, an annual income to the value of £100,000 or more;

You held, throughout the financial year immediately preceding, net assets to the value of £250,000 or more.

Net assets for these purposes do not include:
(a)the property which is your primary residence or any money raised through a loan secured on that property;
(b)any rights of yours under a qualifying contract of insurance; or
(c)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.

Certified Sophisticated Investor:

To qualify as a Sophisticated Investor, the following must apply:

You have a written certificate signed within the last 36 months by a firm confirming you have been assessed by that firm as sufficiently knowledgeable to understand the risks associated with engaging in investment activity in non-mainstream pooled investments and you have signed, within the period of twelve months ending with the day on which the communication is made, a statement in the following terms:

“SOPHISTICATED INVESTOR STATEMENT I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments.

The exemption relates to certified sophisticated investors and I accept that the investments to which the promotions will relate may expose me to 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-mainstream pooled investments.

Self-Certified Investor:

To qualify as a Self-Certified Investor, at least one of the following must apply:

You are a member of a network or syndicate of business angels and have been so for at least the last six months prior;

You have made more than one investment in an unlisted company, in the two years prior to the current date;

You are working, or have worked in the two years prior, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises;

You are currently, or have been in the two years prior, a director of a company with an annual turnover of at least £1 million.