This email sets out a brief overview relating to the proposed launch of Puma High Income Protected VCT plc ("Puma VCT") . This email is subject to material updating and amendment. Definitive investment decisions should be based solely on the Investment Details and Prospectus.
This email, which is a financial promotion in accordance with section 21 of the Financial Services and Markets Act 2000, is issued by Shore Capital and Corporate Limited ("Shore Capital") of Bond Street House, 14 Clifford Street, London W1S 4JU to suitable retail and professional clients of Shore Capital Limited and to other eligible counterparties for the sole purpose of providing preliminary information about an investment in the proposed Puma VCT. This email should not be distributed, published or reproduced, in whole or in part, nor should its contents be disclosed to any other person (other than the recipient's professional advisers). By accepting delivery of this email, recipients agree not to reproduce or distribute it in whole or in part, nor to disclose its contents without the prior written consent of Shore Capital.
Shore Capital, which is authorised and regulated by The Financial Services Authority and is a member of the Shore Capital group of companies, is acting solely for Puma VCT in relation to the matters referred to in this email and will not be responsible to anyone other than Puma VCT for providing advice in relation to such matters or for providing the protections afforded to clients of Shore Capital.
Shore Capital Limited, a member of the Shore Capital group of companies, will be Puma VCT's Investment Manager, Puma VCT will have a Board the majority of whom are independent of Shore Capital Limited.
No reliance should be placed on any information contained or referred to in this email. The detailed provisions of the documents relating to Puma VCT will be finalised prior to the investment deadline. Neither Shore Capital nor any member of the Shore Capital group of companies, their respective directors, employees associates or agents make any representation or warranty as to the accuracy or completeness of the information contained in this email, the reasonableness of any opinions which may form part of this email, or the financial performance of Puma VCT. None of Shore Capital nor any member of the Shore Capital group of companies, nor any of their respective directors, officers, employees, associates and agents accept any responsibility or liability whatsoever, whether direct or indirect, express or implied, contractual, tortuous, statutory or otherwise, for any loss however arising from any use of or reliance placed upon the information contained in this email or otherwise arising in connection therewith. This email is for information only and does not contain, and should not be construed as containing, an offer to sell or subscribe for, or a public solicitation to invest in, shares in Puma VCT.
There can be no guarantee that the investment objectives of Puma VCT can be met. Any examples of how the tax reliefs may work are illustrative only and are not intended to be a projection. The returns illustrated may not be achieved; in any event there is no guarantee that any returns can be achieved. The shares in Puma VCT are likely to be illiquid and hence their underlying value may be difficult to realise.
Past performance is not necessarily a guide to the future. Market movements may cause the value of an investment in Puma VCT to go down as well as up, and you may not get back the amount invested. Levels and bases of taxation and reliefs may change. The suitability of Puma VCT for private investors will depend upon their circumstances; potential investors should not treat the contents of this email as constituting legal, taxation or investment advice and should consult their own professional advisers before contemplating any investment. Potential investors are referred to the risk factors relating to an investment in Puma VCT which will be set out in the Prospectus. The tax reliefs referred to in this email are those currently available and their value depends on individual circumstances. Investments in Qualifying Companies (as defined in the prospectus) carry a higher degree of risk than many other forms of investment.
© Shore Capital and Corporate Ltd 2009