Investing in alternative, non-main stream investment opportunities can be rewarding but it involves high risk of losing all of capital invested. If you choose to invest in any of the investment opportunities introduced to by Amyma Limited you must be aware of and accept the following considerations. All investment opportunities are defined by the Financial Conduct Authority as investments in non-readily realisable securities. As such, they are only to be marketed to investors with a defined level of sophistication. Amyma Limited will only introduce investment opportunities to Certified High Net Worth Investors, Self Certified Sophisticated Investors or Certified Sophisticated Investors and have passed the necessary knowledge and experience assessment test. If you are in doubt about your investor status, or do not have the requisite knowledge and experience in investing in unregulated, complex and illiquid investment opportunities you should take no further action and leave this site and consult your Independent Professional Advisor. Investors should carefully read any financial promotion they may receive, with a particular attention to specific risk factors section contained therein before making an investment decision. Investors must be capable of evaluating the merits and risks of any prospective investment. Those investors who do not have this ability or are in any doubt as to whether investing in the investment opportunities introduced to by Amyma is suitable for them, are encouraged to consult with a financial advisor, accountant or any other financial professional that can help them understand and assess the risks associated with each investment opportunity.
The terms ‘invest’, ‘investing’ and ‘your investment’ below refer to both debt and equity share investments.
Any historic performance of investment opportunities is NOT a guide for future performance and any projections of future performance are based on all information known at the time of equity share investment or debt investment, and calculations and opinions of the management of underlying investment opportunities. Any projections are subject to change and are not guarantees and should not be relied upon as such.
Loss of Capital
Past performance of any investment, including those British Pearl has successfully completed in the past, is not necessarily a guide to the performance of similar investments in the future. Property prices can go down as well as up and different property types or those in different areas may be more or less susceptible to reduced or negative growth. By investing in property through British Pearl there is a risk that you may not get back what you invest if property prices fall, and you should only invest as much as you can afford to lose and as part of a diversified portfolio. Further, investing with British Pearl falls outside the remit of the Financial Services Compensation Scheme. British Pearl seeks to minimise all identifiable risks, however your investment is ultimately exposed to the UK property market.
Risks Relating To (S)EIS Qualifying Investment Opportunities
There are circumstances in which an investor could cease to qualify for the taxation advantages offered under (S)EIS schemes. If any of companies cease to carry on a Qualifying Trade during the three-year period, this would prejudice its qualifying status under the (S)EIS schemes. Further, if the funds made available to a company are not used within 24 months, a company would be in breach of these rules and tax reliefs would be withdrawn. This may result in the individual being required to repay any (S)EIS relief already claimed, as described below. Any provisional assurance from HM Revenue & Customs that a company and its activities qualify under the (S)EIS is never a guarantee that these provisional assurances or formal (S)EIS clearances will not be subsequently withdrawn. In those circumstances, subscription monies will not be returned to Investors. Returns to Investors will be lower in the event that ac company fails to obtain EIS tax relief or if it is subsequently withdrawn, in which case the (S)EIS income tax relief and capital gains tax deferral/reinvestment relief referred to below would not be granted. A failure of a company to meet the qualifying requirements for the (S)EIS could result in Investors being required to repay the appropriate income tax relief received, depending on whether relief has been claimed under (S)EIS schemes on subscription to a company and interest on the same; a liability to capital gains tax on a disposal of Shares in a company; and any gain covered by capital gains tax deferral relief becoming crystallised. A sale of Shares in a company within the three years after the date of issue will result in income tax relief made available upon investment in those Shares being withdrawn and a liability to capital gains tax on disposal (both the gain on the disposal of the Shares and any gain deferred under capital gains tax deferral/reinvestment relief). Investors are advised to take appropriate independent professional advice on the tax aspects of their investment as it is possible for Investors to lose their (S)EIS tax reliefs and/or capital gains tax reinvestment relief and/or Inheritance Tax Relief by taking or not taking certain steps. Tax treatment depends on the individual circumstances of each client and may be subject to change in the future.
Any changes in the legislation or HMRC practice may affect the value of an investment in a company. In particular, those Investors who choose to defer a gain may face a higher capital gains tax liability when the deferred gain comes back to charge following an exit from a company. The value of the tax reliefs will depend on the individual circumstances of Investors and may be subject to change in future. In addition, the availability of tax relief depends on a company maintaining its qualifying status.
Illiquidity and Exit
All investments introduced to by Amyma Limited are illiquid and non-readily realisable.
Investments in debt securities are also non-transferrable, which means should your financial circumstances change and you needed to sell the bonds you would be unable to do so. There is also no guarantee that you will receive your interest payments or time.
Investments in early stage equity shares of unquoted companies are considered to be high risk and involve risks such as illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Investors should only invest a proportion of their available investment funds and should balance this with safer, more liquid investments. If the business fails, the company is unlikely to be able to pay you back your investment.
Each investment is a long-term commitment and you should only invest an amount that you are willing to lose.
Investing should only be done as part of a diversified portfolio. This means that you should invest smaller amounts in multiple asset classes as opposed to a large amount in one or a few. It also means that you should invest only a small proportion of your investable capital in any asset class, with the majority of your investable capital invested in other assets with a liquid market.
You are responsible for the administering of your tax affairs, which may include capital gains and/or income tax. Your tax treatment depends on your individual circumstances and may be subject to change by HMRC in future. We do not provide tax advice and you should seek independent tax advice before deciding to invest. It is your responsibility to ensure that your tax return is correct and is filed by the deadline and that any tax owing is paid on time.