Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to eyeball08,Wondergirly,bofh,johnstevens77,Bhoddhisatva, for Donating to support the site

Unusual Amati Offer

Sophisticated and complex high-risk tax-sensitive investments in small companies: handle with care
BusyBumbleBee
Lemon Slice
Posts: 769
Joined: November 4th, 2016, 7:55 am
Has thanked: 565 times
Been thanked: 288 times

Unusual Amati Offer

#198131

Postby BusyBumbleBee » February 1st, 2019, 11:21 am

Amati announced their top up offer today : see http://www.amatiglobal.com/documents/Am ... t_2019.pdf

There are a number of unusual features here which maybe other VCTs should follow

A. Existing Shareholders have a pre-emption entitlement

B. There is no minimum subscription for existing shareholders

C Existing shareholders have until 18th Feb until outsiders are allowed to buy.

D. Only 1% charge for existing shareholders

E. A rather better KID than normal.

Kidman
Lemon Slice
Posts: 440
Joined: November 6th, 2016, 1:10 pm
Has thanked: 22 times
Been thanked: 136 times

Re: Unusual Amati Offer

#198133

Postby Kidman » February 1st, 2019, 11:32 am

Very interesting. I'm impressed with the way they are treating existing shareholders and certainly think others should at least consider following.

barchid
Lemon Slice
Posts: 412
Joined: November 30th, 2018, 2:18 am
Has thanked: 133 times
Been thanked: 196 times

Re: Unusual Amati Offer

#198154

Postby barchid » February 1st, 2019, 12:48 pm

Very good points bumblebee !
I've always found Amati staff to be very helpful, whether it be in applications or responses from the fund managers, furthermore there AGM's tend to be more interesting than most.
I particularly like the pre emption rights afforded to existing shareholders, certainly managers such as Northern, who just expect to sell out anyway, show a distinct lack of service which Amati holders receive as a matter of courtesy.


Return to “Venture Capital Trusts (VCT's)”

Who is online

Users browsing this forum: No registered users and 28 guests