Disclaimer
Financial projections, estimates, illustrations and forward-looking statements are based on assumptions considered reasonable at the time they are made, but actual results may differ materially. No representation or warranty is made that any projected or illustrative result will be achieved. Nothing in this presentation constitutes a profit forecast, guarantee of future performance, financial advice or recommendation. This presentation and any dispute arising from it are governed by the laws of England and Wales.
1.
Capital is at risk. Theatrical investments are speculative and inherently risky. Investors may lose all of their investment; there is no assurance that any capital will be returned or profit distributed.
2.
Most production costs are incurred prior to opening and will be paid from contributed funds. If the Production does not open or fails to proceed, the Producer shall return to contributors, on a pro rata and pari passu basis, any remaining net assets of the Production, if any, as determined by the Production’s certified accountant. Each contributor’s share of such return shall be calculated as the proportion of their individual contribution relative to the total capitalisation. Contributors shall have no claim against any other assets of the Producer beyond the Production’s net assets.
3.
Investor Participation Units are illiquid and subject to transfer restrictions. A Unit is not transferable without the Producer’s prior written consent, and there is no established market for the Units. Once an investment is committed and cleared funds are received, it is final and cannot be withdrawn, redeemed, or cancelled at the Investor’s discretion. Funds remain at risk for the life of the project, and repayment occurs only under the agreed recoupment terms, except where proven negligence, willful misconduct, or fraud applies.
4.
This document is for private distribution only and the only person who may enter or offer to enter into any agreement for or with a view to contributing on the basis contained in this document is the person to whom it is addressed and to whom it has been sent by the Producer.
5.
Limited Recourse - Investors have no rights against the Producer's assets other than those connected to the Production itself. Investments are not protected by any compensation scheme.
6.
Fluctuating Income - Income from an investment in the Production will vary depending on box office performance.
7.
The opportunity described in this document may not be suitable for all recipients. Prospective investors are strongly advised to seek independent advice from a financial adviser authorised under the Financial Services and Markets Act 2000 (FSMA) and experienced in theatre and entertainment investments. Where appropriate, specialist tax advice should also be obtained.
8.
If for any reason the production fails to open, is cancelled, or, if having opened, fails to attract sufficient audiences, investors may not receive back their contributions and the Producers shall only return to investors pro rata and pari passu with their respective contributions a proportion of such net assets of the production as are determined to be available.
9.
The Production may be affected by force majeure, communicable disease, government restrictions, venue closure, cast illness, industrial action and other events outside the Producer’s reasonable control. Such events may delay, interrupt or prevent the Production and may cause uninsured losses.
10.
Investor Participation Units are contractual participation interests only. They are not shares, equity securities or ownership interests in Greenslade Productions Ltd.
Lawful Communication under FSMA
This presentation is intended only for persons to whom it may lawfully be communicated under the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, including, where applicable, persons falling within relevant exemptions for investment professionals, high net worth companies, sophisticated investors, high net worth individuals or other persons to whom this communication may lawfully be made. The applicability of any exemption depends upon the status of the recipient, the nature of the investment and the circumstances in which the communication is made.
(a) High Net Worth Individual criteria
A person qualifies if at least one of the following applies:
i)
Annual income of at least £100,000 in the immediately preceding financial year; or
ii)
Net assets throughout the immediately preceding financial year of at least £250,000, subject to the applicable statutory definitions and exclusions, including exclusions relating to a primary residence, qualifying insurance contracts and pension or retirement benefits.
(b) Self-Certified Sophisticated Investor criteria
A person qualifies if they have signed the relevant investor statement and at least one of the following applies:
1)
They have been a member of a network or syndicate of business angels for at least six months; or
2)
They have made two or more investments in unlisted companies during the previous two years; or
3)
They are working, or have worked in the previous two years, in a professional capacity in private equity or in the provision of finance for small and medium-sized enterprises; or
4)
They have been, within the previous two years, a director of a company with annual turnover of at least £1 million.
This document and its contents are strictly private and confidential. They may not be copied, reproduced, published, or disclosed to any third party without prior written consent. No investment described herein is intended for, nor may it be offered to, any person other than the original recipient. Any person uncertain about the investment described in this document should seek independent advice from an authorised financial adviser under FSMA who specialises in investments of this nature.
Foreign Exchange Risk
USD equivalents displayed in this presentation are illustrative. The applicable exchange rate and treatment of any USD-denominated subscription will be specified in the relevant Subscription Agreement or investment records.
Greenslade Productions Ltd
Company No. 16807424