1. Information about us
SPARK Venture Management Limited ("SVML") is part of the SPARK Ventures Group and is authorised and regulated by the Financial Services Authority in the conduct of its designated investment business only. It is entered in the FSA Register with Firm Reference Number 147593 - see www.fsa.gov.uk/register. You can contact SVML by email at contact@sparkventures.co.uk. SVML is registered for VAT under number 497 5742 85.
Registered address: 33 Glasshouse Street, London W1B 5DG. Registered in England with Company Registration No. 2454345.
The contents of this website are communicated for the purposes of section 21 of the UK Financial Services and Markets Act 2000 by SVML.
2. Venture Capital Trusts ("VCTs")
The information on this site relating to any SPARK VCT is directed at United Kingdom residents accessing the site from the United Kingdom only. Shares in any SPARK VCT referred to on this website will not be offered or made available by that VCT to non-UK residents. Applications for any shares offered by a SPARK VCT must be made only on the basis of and using the application form set out in the relevant prospectus. You should not base any decision to purchase or dispose of shares in any SPARK VCT on the information in this website.
3. Other funds
The information on this website which relates to investments in unregulated collective investment schemes (i.e. any of the SPARK funds except the VCTs) ("Institutional Funds") is directed only at:-
(a) persons who fall within the definition of "professional client" or "eligible counterparties" in the rules of the Financial Services Authority;
(b) investment professionals or other persons having professional experience of participating in unregulated collective investment schemes, that is persons within Article 14 of the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001; and/or
(c) high net worth organisations to whom Article 22 of the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001 applies;
and only to the extent that this does not breach any applicable law.
Units in the Institutional Funds referred to in this website will not be made available to any other persons. PERSONS OF ANY OTHER DESCRIPTION SHOULD NOT RELY ON OR ACT UPON SUCH INFORMATION.
4. Some investment risks
The investments referred to on this website may not be suitable for all investors. If investors have any doubts they should seek advice from their investment adviser. SPARK does not provide and nothing in this website shall be construed as investment or tax advice to investors or potential investors.
The past performance of shares in VCTs or investments in Institutional Funds managed by SPARK is not necessarily a guide to the future performance of shares or investments in those or other VCTs or Institutional Funds. The value of shares in VCTs and interests in Institutional Funds and the income from them may go down as well as up, in which case an investor may not get back the amount invested. The share price of a VCT will often not reflect its net asset value. SPARK VCTs and Institutional Funds invest mostly in unquoted companies which are small, which by their nature carry an above-average level of risk and whose shares are not readily marketable and therefore may be difficult for the VCT/Institutional Fund to realise. There has in the past been very limited liquidity in VCT shares listed on the London Stock Exchange and it may prove difficult to realise such shares.
The tax reliefs available to certain investors under the VCT rules are dependent on a VCT maintaining Inland Revenue approval. If this approval is withdrawn, a VCT will lose its VCT status and all tax reliefs are likely to be cancelled, some with retrospective effect. Investors must hold shares in VCTs for a prescribed minimum period (formerly three, now five years) to qualify for up-front tax relief. Tax rules and regulations are subject to change.
Any person proposing to purchase VCT shares should also refer to the risk warnings set out in the relevant prospectus.
5. No offer or solicitation
No part of this website is or forms part of any offer, the solicitation of or invitation to make an offer by SPARK Venture Management Limited or any member of the SPARK group to buy, subscribe for or sell any security or interest.
6. Copyright
Except as otherwise noted, the contents of this website are the copyright of SPARK Ventures or another company in its group and may not be copied, distributed, uploaded, re-published, decomposed, disassembled or transmitted in any way without prior written consent of SPARK Ventures or another company in its group. You may retrieve, display, print, copy or download any material on this site for your personal use only. You may not reproduce, modify, create hypertext links to or in any way commercially exploit any of the material contained on this site without the prior permission of SPARK Ventures or another company in its group.
7. Links to other sites
On this website you may be offered automatic links to other sites which we hope will be of interest. However, we cannot accept responsibility for the content of those websites and these links are not endorsements of any products or services in such sites.
8. Information about you
We may use cookies - information sent to your browser when you access the website - to compile statistical data about use of the site, which may be disclosed to third parties. This website also offers you the ability to receive information from us in the form of fact sheets and other documents by notifying us of your email address. Where you access this site and request information from us you give us your explicit consent to use cookies and your email address in this way. We may monitor emails to and from us. |