Calulus VCT pl For investors looking for regular, tax-free inome Please send ompleted appliation paks to: Calulus EIS Fund, 104 Park Street, London, W1K 6NF A portfolio of entrepreneurial, growing UK ompanies Tax years 2018-19 and 2019-20 info@alulusapital.om 020 7493 4940 www.alulusapital.om Appliation Form
Lodging of appliation forms and dealing arrangements Completed Appliation Forms with the appropriate remittane must be posted or delivered by hand on a Business Day between 9.00a.m. and 5.00p.m. to the Reeiving Agent at: Calulus VCT Offer, City Partnership (UK) Limited 110 George Street, Edinburgh EH2 4LH Important note The Offer opens on 13 September 2018 and will lose at 5.00p.m. on 30 August 2019, or earlier at the disretion of the Diretors. If you post your Appliation Form, you are reommended to use first lass post and to allow at least two Business Days for delivery. It is expeted that dealings in the Shares will ommene three Business Days following allotment of the Shares and that share ertifiates will be dispathed within ten Business Days of allotment of the Shares. Allotments will be announed on an appropriate regulatory information servie. Temporary douments of title will not be issued. Dealings prior to reeipt of share ertifiates will be at the risk of appliants. A person so dealing must reognise the risk that an appliation may not have been aepted to the extent antiipated or at all. To the extent that any appliation is not aepted, any exess payment will be returned without interest by returning the appliant s heque or banker s draft or by sending a rossed heque in favour of the appliant through the post, at the risk of the person entitled thereto. 1 Calulus VCT Pl Appliation Form - 2019
Appliation Proedures Before making any appliation to aquire Shares you are strongly reommended to onsult an independent finanial adviser authorised under the Finanial Servies and Markets At 2000 and remember that invested apital is at risk. Appliations must only be made on the basis of information ontained in the Prospetus dated 13 September 2018 issued by Calulus VCT pl and available from www.alulusapital.om and in hard opy from the offies of Calulus Capital Limited, 104 Park Street, London W1K 6NF. Please find instrutions on ompleting the Appliation Form below, if you have any questions regarding the form, please get in touh with Calulus Capital info@alulusapital.om or 020 7493 4940. Setion 1: Personal details Please omplete all fields in Setion 1 in BLOCK CAPITALS. If you wish to hold your Shares through a nominee rather than in your own name, please ontat Calulus Capital. Telephone numbers will only be used in ase of a query with regard to your appliation. If you are an existing Calulus VCT Shareholder, please tik the appropriate box in this Setion. Setion 2: Subsription details Insert (in figures) the amount you wish to invest. Your appliation must be for a minimum of 5,000 (save that the Diretors may elet to waive this requirement in their absolute disretion). If you are using the regular payment option, the regular payments must total a minimum of 5,000. You an speify in Setion 2 how you would like your subsription monies split between tax years 2018/19 and 2019/20, allowing for more effiient tax planning. Share subsriptions will be adjusted through the mehanism of the Priing Formula to take into aount the relevant ommission (inluding where this is waived for additional shares), Adviser Charges and early appliation and loyalty disounts appliable to eah investor. If you are paying by heque, please tik the appropriate box in this Setion. Cheques must be honoured on first presentation. A separate heque must aompany eah appliation. No reeipt for your payment will be issued. The heque or banker s draft must be drawn in sterling on an aount at a bank branh or building soiety in the United Kingdom or the Channel Islands and bear a bank sort ode number in the top right hand orner. You may, if you wish, use a personal heque drawn by someone else, in whih ase your full name and address should be written on the bak of the other person s heque. Additionally, if you use a building soiety heque or banker s draft, you should write the name, address and date of birth of the person named in Setion 1 of the Appliation Form on the bak of the heque or banker s draft. Cheques and transfers from orporate aounts are not permitted. Any monies not aepted will be returned by banker s draft or by sending a heque rossed Aount Payee Only in favour of the appliant. You will be required to onfirm that transfers (if appliable) have ome from an aount in your own name or to onfirm the details of the third party as appropriate. Please make heques payable to City Partnership Calulus VCT If you are paying by bank transfer, please tik the appropriate box in this Setion. Please transfer monies to the aount details below: City Partnership Calulus VCT Sort Code 80-22 - 60 Aount Number 15416964 Please referene bank transfers with your surname and initials. Cleared funds are required prior to the losing date. 2 Calulus VCT Pl Appliation Form - 2019
Setion 3: Dividend payment instrution If you wish to have dividends paid into your nominated bank or building soiety aount, please omplete the mandate instrution form in this setion. Setion 4: Sign and date Please sign and date the form. If the form is signed on your behalf by an attorney or other agent, that person should state on the form the apaity in whih they are signing and the original power(s) of attorney or a opy thereof duly ertified by a Soliitor must be enlosed for inspetion and will be returned in due ourse. Setion 5: For investors who have agreed an Adviser Charge only If you have an authorised finanial intermediary, suh as an IFA, with whom you have agreed an Adviser Charge, and you would like the payment of this Adviser Charge to be failitated through your subsription for shares, please speify in setion 5 the amount of the Adviser Charge agreed between you in relation to this produt. Setion 6-8: To be ompleted by your authorised finanial intermediary Please send the entire appliation form and heque (if appliable) to the reeiving agent: Calulus VCT, City Partnership (UK) Limited, 110 George Street, Edinburgh EH2 4LH Please make heques payable to City Partnership Calulus VCT. For eletroni bank payment the details are: City Partnership Calulus VCT Sort Code 80-22 - 60 Aount Number 15416964 Please referene bank transfers with your surname and initials. 3 3 Calulus VCT Pl Appliation Form - 2019
Appliation Form Money laundering notie Important If the appliation is for the Sterling equivalent of 15,000 or more (or is one of a series of a linked appliations, the value whih exeeds that amount), the identity of the appliant and, if a heque is drawn or a bank transfer is made by a third party, the identity of that third party must be verified as set out below. If an appliation is made diret (not through an authorised intermediary), you must ensure that the following douments are enlosed with the Appliation Form: 1) a ertified opy of either the passport or the driving liene of the appliant (and heque payer if different); and 2) an original bank or building soiety statement or utility bill (no more than 3 months old), or reent tax bill, in the name of the appliant (and heque payer if different). Copies should be ertified by a soliitor or bank. Original douments will be returned by post at your risk. Please send the ompleted appliation form and heque (if appliable) to: Calulus VCT, City Partnership (UK) Limited, 110 George Street, Edinburgh EH2 4LH so as to arrive no later than 5.00p.m. on 3 April 2019 in the ase of appliations for the 2018/19 tax year and no later than 5.00p.m. on 30 August 2019 in the ase of appliations for the 2019/20 tax year. Cleared funds are required prior to the relevant losing dates. Please note that heques an take up to five working days to lear. Cheques Made payable to City Partnership Calulus VCT (note: heques drawn on orporate aounts annot be aepted) Bank transfers Sort Code: 80-22 - 60 Aount Number: 15416964 Bank: Bank of Sotland BIC: BOFSGBS1SDP IBAN: GB05BOFS80226015416964 The Offer opens on 13 September 2018 and will lose at 5.00p.m. on 30 August 2019. The Offer may lose earlier if fully subsribed or otherwise at the Board s disretion. If tax relief is to be applied for in respet of the subsription monies in the tax year 2018/19, the losing date will be 5.00p.m. on 3 April 2019. The Company and the Reeiving Agent annot aept responsibility if any details provided by you are inorret. If you do not reeive an aknowledgement of your appliation within ten days of sending it to The City Partnership, please ontat Calulus Capital on 020 7493 4940 or info@alulusapital.om Definitions Definitions used in the prospetus published by the Company dated 13 September 2018 ( Prospetus ) (opies of whih an be downloaded from www.alulusapital.om) apply herein. Before ompleting this Appliation Form you should read the Prospetus in full. 4 Calulus VCT Pl Appliation Form - 2019
Setion 1: Personal Details Title: Forenames: Surnames: Address: Postode: If 3 years or less, then please provide address: Postode: Date of birth: Email: Daytime Tel no.: Tax referene number(s): Please state suitable tax identifiation number(s). For UK, please state national Insurane no. (obligatory): Please state all ountries where you are a tax resident (obligatory): The law requires us to ollet and retain ertain information about our shareholders, inluding their tax residene. This information may be shared with HM Revenue & Customs and may then be shared with other tax authorities. Are you a US Citizen? Yes/No If you have any questions about your tax resideny, please onsult your tax adviser. Foreign aount tax ompliane (FATCA) obligations require us to request the above information. I am an existing shareholder in the Company and I wish to benefit from the 0.5% Loyalty disount I onsent to the Company, or a third party ating on the Company s behalf, undertaking an online identity hek for the purposes of money laundering regulations. Please tik this box if you would prefer to reeive the reeipt of your appliation by email instead of post. 5 Calulus VCT Pl Appliation Form - 2019
Setion 2: Subription details I offer to subsribe for the following amount in the Company on the terms and onditions of appliation set out in the Prospetus. (Appliations must be for a minimum total investment of 5,000) Option 1) One-off investment: How muh are you investing per tax year? Tax Year 2018/19 Tax Year 2019/20 Total I enlose a heque or banker s draft on a UK learing bank, made payable to City Partnership-Calulus VCT I have made the above payment by eletroni bank transfer. Please referene bank transfers with your surname and initials. I have made the transfer from an aount in my name (if not please provide details below) Bank transfers Sort Code: 80-22 - 60 Aount Number: 15416964 Bank: Bank of Sotland BIC: BOFSGBS1SDP IBAN: GB05BOFS80226015416964 Option 2) Standing Order: Investors an now purhase the Company s shares by monthly standing order. To take advantage of this option: Please set up a standing order for your monthly investment amount to be paid into the following bank aount: Aount name: City Partnership Calulus VCT Aount number: 15416964 Sort ode: 80-22-60 Please omplete the details below: Monthly Investment Amount: Monthly Payment Date First Payment Date: Please ensure that the sum of the monthly payments to be made under the standing order totals at least 5,000 by the offer lose of 30 August 2019. A template standing order instrution for your bank may be obtained by ontating City Partnership either by telephone 0131 243 7210 or by email ra@ity.uk.om. At approximately three month intervals, this money will be used to purhase Offer Shares. Share and tax ertifiates will be sent shortly after the regular share allotment dates whih are urrently sheduled for: Deember (2018/19 tax year), April (2018/19 tax year), August (2019/20 tax year) If the fundraise proves popular and looks to be reahing apaity early, the Company will stop taking new appliations but will keep olleting money and allotting shares for existing standing order ustomers until the Offer formally loses on 30 August 2019. At the lose of the Offer, Calulus Capital will ontat investors to inform them whether the Company will be reopening for new investment and to see if investors would like to ontinue their standing order under a new share offer. 6 Calulus VCT Pl Appliation Form - 2019
Setion 3: Dividend payment instrution Please indiate your bank or building seurity details below in order to reeive dividends into your aount rather than by heque. Aount name: Bank/Building soiety: Sort ode: Aount number: Setion 4: Sign and date Signature: Date: By signing this form I hereby delare that: i) I have reeived and read the Prospetus dated 13 September 2018 and have read the Terms and Conditions of Appliation ontained therein and agree to be bound by them (definitions used in the Prospetus apply to this appliation form); ii) I will be the benefiial owner of the Shares issued to me pursuant to the Offer; and iii) to the best of my knowledge and belief, the partiulars I have given to the Company are orret. HM Revenue and Customs may inspet this appliation form. It is an offene to make a false delaration. Setion 5: For investors who have agreed an Adviser Charge only Please tik one of the following boxes to onfirm whether or not an initial Adviser Charge is required to be failitated. a) I have agreed to pay my Adviser Charge in respet of this appliation diretly and there is no requirement for any harge to be failitated b) I have agreed to have suh amount as is set out below failitated to my adviser as an initial Adviser Charge Amount of the agreed initial Adviser Charge: Please note that the number of shares issued to you will be redued by an amount equivalent to the failitated Adviser Charge. You should be able to laim inome tax relief on your gross investment. The Company will not failitate on-going Adviser Charges. The harging of VAT on an initial adviser harge is the sole responsibility of the finanial adviser. Should any harge failitated by the Company not inlude the payment of any suh VAT, the investor will, at all times, remain solely responsible to make up suh VAT defiit (if any) to the finanial adviser 7 Calulus VCT Pl Appliation Form - 2019
Setion 6: Intermediary details Firm name: Investment adviser/partner:: Main point of ontat for ommuniation purposes: Address: Postode: Email: Tel no. (Day): Fax: Firm FCA registration no.: Referene/partner referene (if appliable): Please provide details of your bank or building soiety aount for Adviser Charges or Commission (as appliable) Aount name: Bank/Building soiety: Sort ode: Aount number: 8 Calulus VCT Pl Appliation Form - 2019
Setion 7: Non advised / professional lient intermediary Please tik this box to onfirm that you are eligible to reeive ommission under the FCA s Condut of Business Sourebook (as amended following the introdution of MiFID II) Initial Commission Options A) Amount of initial ommission to be paid to intermediary B) Amount of initial ommission to be waived and re-invested for lient Total A+B (A+B must total no more than 2%) % % % Setion 8: Intermediary Signature By signing this form I hereby delare that I have read the terms and onditions of the Offer set out in the Prospetus and agree to be bound by them. I onfirm that the information shown in Setions 5 and 6 or Setions 6 and 7 (appliable) of this form is omplete and aurate. I further onfirm that the amount inserted in Setion 6 above (if appliable) has been agreed with my lient, the appliant investor, as the initial Adviser Charge to be failitated by the Company. Signature of intermediary: Date: The amount requested to be failitated for adviser/intermediary will be divided proportionately between the amounts for eah tax year (if appliable) or, if the appliation is only aepted in part, redued aordingly to ensure it is not greater than the maximum stated above. 9 Calulus VCT Pl Appliation Form - 2019
Terms and Conditions of Appliation 1. The ontrat reated by the aeptane of appliations in the manner set out herein will be onditional upon the Admission of the Offer Shares to the Offiial List of the UK Listing Authority and to trading on the London Stok Exhange s main market for listed seurities unless otherwise so resolved by the Board. Offer Shares will be issued onditional on the relevant Resolutions being passed at the General Meeting. If any appliation is not aepted or if any appliation is aepted for fewer Offer Shares than the number applied for, or if there is a surplus of funds from the appliation amount, the appliation monies or the balane of the amount paid on appliation will be returned without interest by post at the risk of the appliant. In the meantime appliation monies will be retained by the Company in a separate lient aount. 2. The Company reserves the right to present all heques and banker s drafts for payment on reeipt and to retain douments of title and surplus appliation monies pending learane of the suessful appliants heques and banker s drafts. 3. By ompleting and delivering an Appliation Form, you (as the appliant): (a) irrevoably offer to subsribe for the amount of money speified in your Appliation Form whih will be applied to purhase Offer Shares, subjet to the provisions of (i) the Prospetus, (ii) these Terms and Conditions and (iii) the Memorandum and Artiles; and (iv) any doument mentioned in paragraph (h) below; (b) authorise the Company s Registrars to send definitive douments of title for the number of Offer Shares for whih your appliation is aepted and to proure that your name is plaed on the register of members of the Company in respet of suh Offer Shares and authorise the Reeiving Agent to send you a rossed heque for any monies returnable, by post to your address as set out in your Appliation Form; () agree, in onsideration of the Company agreeing that it will not, prior to the losing date of the Offer, offer any Offer Shares to any persons other than by means of the proedures set out or referred to in the Prospetus, that your appliation may not be revoked until the losing date of the Offer, and that this paragraph onstitutes a ollateral ontrat between you and the Company whih will beome binding upon dispath by post or delivery by hand of your Appliation Form duly ompleted to the Reeiving Agent; (d) understand that your heque or banker s draft will be presented for payment on reeipt, and agree and warrant that it will be honoured on first presentation and agree that, if it is not so honoured, you will not be entitled to reeive ertifiates for the Offer Shares applied for or to enjoy or reeive any rights or distributions in respet of suh Offer Shares unless and until you make payment in leared funds for suh Offer Shares and suh payment is aepted by the Company (whih aeptane shall be in its absolute disretion and may be on the basis that you indemnify it against all osts, damages, losses, expenses and liabilities arising out of or in onnetion with the failure of your remittane to be honoured on first presentation) and that at any time prior to unonditional aeptane by the Company of suh late payment in respet of suh Offer Shares, the Company may (without prejudie to its other rights) treat the agreement to allot suh Offer Shares as void and may allot suh Offer Shares to some other person in whih ase you will not be entitled to any refund or payment in respet of suh Offer Shares (other than return of suh late payment); (e) agree that monies subsribed for Offer Shares will be held for the aount of the Company pending allotment of Offer Shares (whih may not take plae until several weeks after leared funds have been reeived) and that all interest thereon shall belong to the Company and further that any douments of title and any monies returnable to you may be retained pending learane of your remittane and that suh monies will not bear interest; (f) agree that all appliations, aeptanes of appliations and ontrats resulting therefrom will be governed by, and onstrued in aordane with, English law and that you submit to the jurisdition of the English ourts and agree that nothing shall limit the right of the Company to bring any ation, suit or proeeding arising out of or in onnetion with any suh appliations, aeptanes of appliations and ontrats in any other manner permitted by law or in any ourt of ompetent jurisdition; (g) agree that, in respet of those Offer Shares for whih your appliation has been reeived and proessed and not refused, aeptane of your appliation shall be onstituted by inlusion in an allotment of Offer Shares to you by the Reeiving Agent; (h) agree that, having had the opportunity to read the Prospetus and any supplementary prospetus issued by the Company and filed with the FCA, you shall be deemed to have had notie of all information and representations onerning the Company ontained herein and in any supplementary prospetus issued by the Company and filed with the FCA and in any announement made by the Company on an appropriate Regulatory Information Servie (whether or not so read); (i) agree that all douments in onnetion with the Offer and any returned monies will be sent at your risk and may be sent by post to you at your address as set out in the Appliation Form; (j) onfirm that in making suh appliation you are not relying on any information or representation in relation to the Company other than those ontained in the Prospetus and any supplementary prospetus filed with the FCA and you aordingly agree that no person responsible solely or jointly for the Prospetus and/or any supplementary prospetus or any part thereof or involved in the preparation thereof shall have any liability for any suh information or representation; 10 Calulus VCT Pl Appliation Form - 2019
(k) onfirm that you have reviewed the restritions ontained in this paragraph 3 and paragraph 4 below and warrant as provided therein; (l) warrant that you are not under the age of 18 years; (m) agree that suh Appliation Form is addressed to the Company, Beaumont Cornish Limited and the Reeiving Agent; (n) agree to provide the Company and/or the Reeiving Agent with any information whih either may request in onnetion with your appliation and/ or in order to omply with the Venture Capital Trust or other relevant legislation and/or the Money Laundering Regulations 2007 (as the same may be amended from time to time); (o) warrant that, in onnetion with your appliation, you have observed the laws of all relevant territories, obtained any requisite governmental or other onsents, omplied with all requisite formalities and paid any issue, transfer or other taxes due in onnetion with your appliation in any territory and that you have not taken any ation whih will or may result in the Company, Beaumont Cornish Limited, the Reeiving Agent or Calulus Capital ating in breah of the regulatory or legal requirements of any territory in onnetion with the Offer or your appliation; (p) agree that neither Calulus Capital nor Beaumont Cornish Limited will regard you as its ustomer by virtue of you having made an appliation for Offer Shares or by virtue of suh appliation being aepted; and (q) delare that a loan has not been made to you or any assoiate, whih would not have been made or not have been made on the same terms, but for you offering to subsribe for, or aquiring Offer Shares and that the Offer Shares are being aquired for bona fide ommerial purposes and not as part of a sheme of arrangement the main purpose of whih, or one of the main purposes of whih, is the avoidane of tax. 4. No ation has been or will be taken in any jurisdition by, or on behalf of, the Company whih would permit a publi offer of Offer Shares in any jurisdition where ation for that purpose is required, other than the United Kingdom, nor has any suh ation been taken with respet to the possession or distribution of this doument other than in the United Kingdom. No person reeiving a opy of this doument or any supplementary prospetus filed with the FCA or an Appliation Form in any territory other than the United Kingdom may treat the same as onstituting an invitation or offer to him nor should he in any event use suh Appliation Form unless, in the relevant territory, suh an invitation or offer ould lawfully be made to him or suh Appliation Form ould lawfully be used without ontravention of any registration or other legal requirements. It is the responsibility of any person outside the United Kingdom wishing to make an appliation for Offer Shares to satisfy himself as to full observane of the laws of any relevant territory in onnetion therewith, inluding obtaining any requisite governmental or other onsents, observing any other formalities required to be observed in suh territory and paying any issue, transfer or other taxes required to be paid in suh territory. 5. The basis of alloation will be determined by the Company (after onsultation with Beaumont Cornish Limited) in its absolute disretion. It is intended that appliations will be aepted in the order in whih they are reeived. The Offer will be losed on 30 August 2019 (3 April 2019 in respet of appliations for the 2018/19 tax year) or as soon as full subsription is reahed (unless extended by the Diretors or losed earlier at their disretion). The right is reserved, notwithstanding the basis so determined, to rejet in whole or in part and/or sale down any appliation, in partiular multiple and suspeted multiple appliations, whih may otherwise be aepted. Appliation monies not aepted or if the Offer is withdrawn will be returned to the appliant in full by means of a heque, posted at the appliant s risk. The right is also reserved to treat as valid any appliation not omplying fully with these terms and onditions of appliation or not in all respets omplying with the appliation proedures ontained in the Appliation Form. In partiular, but without limitation, the Company (after onsultation with Beaumont Cornish Limited) may aept appliations made otherwise than by ompletion of an Appliation Form where the appliant has agreed in some other manner to apply in aordane with these terms and onditions. The Offer is not underwritten. The Offer will be suspended if at any time any of the Company is prohibited by statute or other regulations from issuing Offer Shares. 6. Save where the ontext requires otherwise, terms defined in the Prospetus and any supplementary prospetus filed with the FCA bear the same meaning when used in these terms and onditions of appliation and in the Appliation Form. 7. Authorised finanial intermediaries who, ating on behalf of their lients where those lients are Non Advised investors or have lassified their lients as professional lients under the FCA Rules, return valid Appliation Forms bearing their stamp and FCA number will normally be paid 2.0% ommission on the amount payable in respet of the Offer Shares alloated for eah suh Appliation Form. In addition, provided they ontinue to at for their lient and the lient ontinues to hold suh Offer Shares, suh intermediaries will be paid an annual trail ommission of 0.5% of the net asset base value for eah suh Offer Share. For this purpose, net asset base value means the net assets attributable to the Offer Share in question as determined from the audited annual aounts of the Company as at the end of the preeding finanial year. It is expeted that annual trail ommission will be paid 5 months after the year end of the Company in eah year. The administration of annual trail ommission will be managed by the Promoter whih will maintain a register of intermediaries entitled to trail ommission. The Promoter shall be entitled to rely on a notifiation from a lient that he has hanged his adviser, in whih ase, the trail ommission will ease to be payable to the original adviser and will be payable to the new adviser if one is appointed. No payment of trail ommission shall be made to the extent that the umulative trail ommission would exeed 3.0% of the amount subsribed for eah suh Offer Share or in respet of any period ommening after the sixth anniversary of the losing date of the Offer. Finanial intermediaries should keep a reord of Appliation Forms submitted bearing their stamp to substantiate any laim for ommission. The Reeiving Agent will ollate the Appliation Forms bearing the finanial intermediaries stamps and alulate the initial ommission payable whih will be paid within one month of the allotment. 11 Calulus VCT Pl Appliation Form - 2019
8. Finanial intermediaries may agree to waive initial ommission in respet of your appliation. If this is the ase then the amount of your appliation will be inreased by an amount equivalent to the amount of ommission waived through the mehanism of the Priing Formula. Appliations reeived before 5.00pm on 1 February 2019 will be entitled to a 0.5% early appliation disount. Existing Shareholders will be entitled to an additional 0.5% loyalty disount on appliations reeived at any time prior to the losing of the Offer. All suh early appliation and loyalty disounts will be applied through the mehanism of the Priing Formula. 9. Where Appliation Forms are returned by you or on your behalf by an authorised finanial intermediary who has given you a personal reommendation in respet of your appliation having first ategorised you as a retail lient under the FCA Rules, the Company will failitate the payment of any Adviser Charge agreed between you and your intermediary, as validated by your ompletion of the relevant box on the Appliation Form. The amount of the agreed Adviser Charge will be failitated by the Company making a payment equal to the Adviser Charge diret to the intermediary whih will be taken into aount when applying the Priing Formula to your subsription, and will redue, the number of Offer Shares whih are issued to you on the basis set out on page 20 of the Calulus VCT brohure. Lodging of Appliation Forms and dealing arrangements Completed Appliation Forms with the appropriate remittane must be posted or delivered by hand on a Business Day between 9.00am and 5.00pm to the Reeiving Agent. The Offer opens on 13 September 2018 and will lose on 30 August 2019, or earlier at the disretion of the Diretors. If you post your Appliation Form, you are reommended to use first lass post and to allow at least two Business Days for delivery. It is expeted that dealings in the Offer Shares will ommene three Business Days following allotment and that share ertifiates will be dispathed ten business days of allotment of the Offer Shares. Allotments will be announed on an appropriate Regulatory Information Servie. Temporary douments of title will not be issued. Dealings prior to reeipt of share ertifiates will be at the risk of appliants. A person so dealing must reognise the risk that an appliation may not have been aepted to the extent antiipated or at all. To the extent that any appliation is not aepted any exess payment will be returned without interest by returning the appliant s heque or banker s draft or by sending a rossed heque in favour of the appliant through the post, at the risk of the person entitled thereto. 10. There has been no material disparity in the past year (from the date of this doument), nor shall there be under the Offer in the effetive ash ost of Offer Shares to members of the publi as ompared with the effetive ash ost of Offer Shares to members of the Company s management (inluding its administrative and supervisory bodies) or their affiliates. 11. Where Appliation Forms are returned on your behalf by an authorised finanial intermediary, the Promoter at its sole disretion will determine the Promoter s Fee appliable to your appliation for Offer Shares, subjet to a maximum of 5.0% of the initial Net Asset Value per Offer Share. 12. Non-material amendments to these terms or to the proedure for making appliations under the Offer may be made at the disretion of the Diretors without giving prior notie to appliants. 12 Calulus VCT Pl Appliation Form - 2019
Contat us for more information: info@alulusapital.om 020 7493 4940 www.alulusapital.om 104 Park Street, London W1K 6NF 13 Calulus VCT Pl Appliation Form - 2019