2018 BAY COLT BY LONHRO x FAST DANCE
NXT LEVEL SYNDICATION PTY LTD
Product Disclosure Statement
This Product Disclosure Statement has been approved by Racing NSW
Offeror NXT LEVEL SYNDICATION Pty Ltd (Authorised Representative No 001281103) Address: Level 14, 2 Corporate Court, Bundall QLD 4217 Telephone: 0474 918 209 Email: [email protected]
Being an Authorised Representative of Promoter Stable Connect Ltd (AFS Licence No. 336964) Address: Level 6, 45 William Street, Melbourne VIC 3000 Telephone: 03 9629 3023; Email: [email protected] Web: www.stableconnect.com.au
Contents PRODUCT DISCLOSURE STATEMENT ...... Error! Bookmark not defined. 1. DISCLOSURE AND COMPLIANCE WITH ASIC CORPORATIONS (HORSE SCHEMES) INSTRUMENT 2016/790 ...... 2 2. STATEMENT TO PROSPECTIVE INVESTORS AS TO THE COMMERCIAL MERITS OF THE OFFER AND RECOMMENDATION REGARDING THE SEEKING OF ADVICE ...... 2 3. PURPOSE OF SYNDICATE ...... Error! Bookmark not defined. 4. ISSUE ...... 2 5. OWNERS’ PRIVILEGES ...... 4 5.1 Registered Owner Rights ...... 4 5.2 Race Day Ticketing & Hospitality ...... 4 5.3 Owner Relations and Communications ...... 4 6. HOW TO INVEST ...... 4 7. INVESTORS FUNDS ...... 5 8. PROMOTER ...... Error! Bookmark not defined. 9. SYNDICATOR DIRECTORS AND COMPANY HISTORY ...... 5 10. SYNDICATE MANAGER ...... 6 11. RACING MANAGER ...... 6 12. TRAINER ...... 6 13. VETERINARY REPORT ...... 6 14. INSURANCE ...... 6 15. INTERESTS OF THE OFFERER, PROMOTER, SYNDICATE MANAGER, RACING MANAGER, THEIR DIRECTORS AND EXPERTS...... 6 16. SUMMARY OF RIGHTS AND LIABILITIES ATTACHING TO SHARES IN THE SYNDICATE AND OTHER RELEVANT INFORMATION...... 7 17. REGISTRATION OF THE SYNDICATE ...... 8 18. MARKETABILITY OF SHARES ...... 8 19. WARNING ...... 8 20. RISK ...... 9 21. DECLARATION ...... 9 APPLICATION FORM ...... 10
ANNEXURES PEDIGREE LETTER OF CONSENT TO BE TRAINER VETERINARY CERTIFICATE INSURANCE CERTIFICATE YEARLING PURCHASE INVOICE SYNDICATE DEED APPLICATION FORM
Product Disclosure Statement 1 Lonhro / Fast Dance
PRODUCT DISCLOSURE STATEMENT
This Product Disclosure Statement (“PDS”) is dated 13th August 2020. This PDS has been lodged with and approved by Racing NSW. No liability as to the contents of this Product Disclosure Statement is accepted by Racing NSW, its officers, employees or agents. In particular (but without prejudice to the generality of this disclaimer) Racing NSW does not warrant, and has no responsibility for the commercial merits or prospects of the scheme referred to in this Product Disclosure Statement, the manner in which the syndicate may operate, or the taxation advantages (if any) to which the scheme may give rise. Potential investors’ financial circumstances may vary, and accordingly, Racing NSW recommends that potential investors obtain independent financial and legal advice in relation to the scheme and how it might apply to their circumstances should they decide to invest in the scheme.”
1. DISCLOSURE AND COMPLIANCE WITH ASIC CORPORATIONS (HORSE SCHEMES) INSTRUMENT 2016/790
This PDS has been compiled by the Promoter for presentation to prospective investors in compliance with the disclosure requirements for the public offering of shares in Horse Racing Syndicates to be operated in accordance with the requirements of ASIC Corporations (Horse Scheme) Instrument 2016/790.
Investors should be aware that the Syndicate will be registered with Racing Australia within a reasonable period of it being fully subscribed and that the Syndicate will be operated by the Offeror as Syndicate Manager for the benefit of the Owners in accordance with the requirements of ASIC Corporations (Horse Scheme) Instrument 2016/790 and the provisions of the Syndicate Deed.
2. STATEMENT TO PROSPECTIVE INVESTORS AS TO THE COMMERCIAL MERITS OF THE OFFER AND RECOMMENDATION REGARDING THE SEEKING OF ADVICE
The commercial merits of investing in Shares offered in this PDS should be regarded as being of a speculative nature. The investment is not recommended for Investors who are unable to risk the initial outlays and ongoing commitments. Prior to entering into this investment, prospective investors should read this PDS in its entirety and are advised to consult their independent licensed financial or investment adviser, legal, taxation and other professional consultants (including bloodstock consultants) in assessing the potential merits of the investment. The only information authorised by the Promoter to be provided to prospective investors is that contained in this PDS and no person is authorised to give any information or to make any representations in connection with the Offer other than the information and representations which are contained in this PDS.
3. PURPOSE OF SYNDICATE
It is contemplated that the Syndicate of participants (owners) will obtain the benefit of racing the Colt in Australia.
4. ISSUE
The owner of the UNNAMED 2018 BAY COLT foaled 16 th October 2018 by LONHRO from FAST DANCE ("the COLT”) and the seller of Shares the subject of this PDS is Nxt Level Syndication Pty Ltd of Level 14, 2 Corporate Court, Bundall, QLD, 4217 (“the Offeror”).
The COLT was offered by Lucas Bloodstock as Agent, at the Magic Millions National Yearling Sale in August 2020. The COLT was purchased by Nxt Level Syndication Pty Ltd for the purchase price of $110,000.00 including GST. This horse has been paid up and unencumbered and title will pass to the investors upon the offer being fully subscribed. When fully subscribed written notice will be provided to Racing NSW confirming that unencumbered title has passed to the Syndicate prior to registration.
Product Disclosure Statement 2 Lonhro / Fast Dance
The Sire Lonhro was the winner of 11 Group 1s. He won the G1 Caulfield Guineas as a 3YO, the Queen Elizabeth Stakes, Mackinnon Stakes, George Ryder Stakes, Yalumba Stakes and Chiiping Norton at 4 years old, and the Australian Cup, George Ryder Stakes, Yalumba Stakes, George Main Stakes and C F Orr Stakes as a 5YO. Lonhro was named Champion three-year old, Cahmpion miler, Horse of the Year and Champion sire, sire of sires and leading broodmare sire.
Dam Fast Dance is an unraced Stryker mare. This is her first foal.
The ownership of the COLT is being syndicated into forty (40) equal Shares. There will be no more than 50 owners.
All 40 Shares are being offered for sale in this offer. However, if there are 8 or less Shares (20%) remaining on the day immediately prior to the closing date, the Seller will retain the remaining Shares then available in order for the Syndicate to be fully subscribed.
It is contemplated that the Syndicate of Owners will obtain the benefit of the COLT from racing in Australia.
The Offeror proposes to offer Shares to prospective investors at the price of $4,087.50 per 2.5% Share including GST. This includes all associated agistment, breaking in and training costs to 30 th November 2020.
COST SCHEDULE
NXT LEVEL SYNDICATION Pricing Schedule LONHRO / FAST DANCE (100%) Yearling Acquisition Price $100,000 .00 Scope , Vet Clinical Inspections & X -Ray Fees $1,465 .00 All Transport $1,210 .00 Yearling Insurance to 04 th August 20 21 (valued at $ 100 ,000) * $456.35 GST only $5,008.65 MM Race Series Nomination & Golden Slipper Nomination $5,346.50 Breaking In $2,750 .00
Agistment 10 weeks $2,730 .00 Pre – Training 6 weeks $4,620 .00 Sales Inspection $2, 000 .00 Vet Fees - Farrier Trim , Dentistry, Worming & Drenching $1, 146.95 E-Trakka Blanket Fee $3,272 .73 PDS Fee $1 27.00 Stable Connect Legal Fees for PDS $1, 500 .00 Marketing and Raceday events $5,000 .00 Syndicator Margin 12.5 % of purchase price $12,500 .00 TOTAL $148,676.83 GST $14,823.17 Total Including GST $163,500.00
The Shareholder shall be liable for all expenses incurred in maintaining and caring for the COLT from 1st December 2020.
In addition, the Offeror will charge a management fee of $66.92 per month, per Owner until the COLT is either retired from racing or sold.
Product Disclosure Statement 3 Lonhro / Fast Dance
5. OWNERS’ PRIVILEGES
Each Owner, who will be provided with the following benefits and privileges:
5.1 Registered Owner Rights Registered racehorse owners with Nxt Level Syndication will receive a Nxt Level Syndication owners pack, the ability to join us at our many events i.e. Sales days, stallion parades. The world’s first option to receive live E-Trakka readings of your horse working and the ability to watch your horse live via the E-Trakka website.
You also get an extensive range of race day benefits in which the horse is competing, including:
(a) Admission and membership ticketing (b) Mounting yard access to liaise directly with the Trainer and Jockey and witness the pre- race riding instructions and post-race debrief (c) Access to the on course Owners’ Lounge, where available (d) Owners’ car parking at metropolitan and country meetings (e) General admission to non-feature metropolitan and country racedays, regardless of whether the horse is running.
5.2 Race Day Ticketing & Hospitality (a) Depending on the number of tickets available to the horse, Nxt Level Syndication Pty Ltd will use their very best endeavours to secure additional raceday ticketing for guests of owners. (b) A senior Nxt Level Syndication Pty Ltd’s representative will be on hand at all competing races to host the owners’ group. (c) All owners with a 5% share or more will be named in the racebook in which the horse is competing. Shares below 5% will be named in the racebook if spare permits and will be based on a first come first served basis.
5.3 Owner Relations and Communications It is Nxt Level Syndication Pty Ltd’s objective to ensure that a premium owner relationship program is provided to all Nxt Level Syndication Pty Ltd’s owners. This will include, but not limited to: Regular communications from the trainer and Nxt Level Syndication Pty Ltd’s executive in relation to all aspects of the horse’s welfare and racing career. These communications will take the form of electronic voice messages, written reports, images and video action of the horses’ activities.
(a) Regular functions will be held at the Stables for owners, family and friends including Sunday brunches and Open Nights. (b) All owners will have the opportunity to have input into the name of the horse. Nxt Level Syndication proposes to invite suggestions from each owner followed by a voting process.
6. HOW TO INVEST
All Applications for Shares must be made on the enclosed Application Form.
Shares shall be allotted upon payment. Legal and equitable title to the COLT shall pass to those applicants whose applications for Shares have been accepted and the offer is fully subscribed.
Product Disclosure Statement 4 Lonhro / Fast Dance
The Offeror reserves the right to close the offer or extend the Offer closing date (subject to a PDS extension being approved by the Lead Regulator) at any time after the Offer opening date without notice, a consequence of which will be that the allotment date of the Shares will vary with any change in the Offer closing date.
7. INVESTORS FUNDS
All investors’ funds are held in a separate bank account (‘syndicate’ account) on trust.
If the syndicate is not fully subscribed within 6 months of the date of this PDS being approved or if QRIC refuses to register the syndicate, all application moneys held in trust, together with interest, will be returned to applicants within 10 business days.
All expenses incurred by the Offeror will be paid in full when the trust account is closed and where some of the services to be provided to the horse have not yet been rendered then funds needed to pay for those services shall be held in a separate account until paid.
8. OFFEROR
The Offeror is Nxt Level Syndication Pty Ltd of Level 14, 2 Corporate Court, Bundall, QLD 4217, being the Authorised Representative (001281103) of Stable Connect Ltd of Level 6, 45 William Street, Melbourne VIC 3000 (the holder of Australian Financial Services Licence - AFSL 336964)
Nxt Level Syndication Pty Ltd is a boutique racing and syndication operation with a world’s first focus on racehorse welfare, being the first in the world to be endorsed by E-Trakka state of the art software monitoring system. We use trainers across Australia chosen for where we think we will each horse the best racing career. One of our main trainers Sean Andersen from Viking Racing trains out of the world’s first E-Trakka research and training facility on the Gold Coast. Sean along with Andrew Stuart (E-Trakka) creator and David Lucas (Bloodstock) attended every sale with us to help with all race horse prospect selections.
The Director of Nxt Level Syndication Pty Ltd is:
CHRIS ANDERSEN . Chris is the Director of Nxt Level Syndication Growing up around horses and horse people, Andersen spent some time away from running’s his father’s Australian wide company the lure to return was strong. After deciding to get into horse syndication he wanted to give owners a new world class experience which has been done with the E-Trakka allowing owners for the first time to see their horses live work from wherever in the world. The strong will to focus on horse welfare is at the front of Nxt Level Syndication’s view and everything that is done is for the best of all horse’s managed by the company.
9. PROMOTER DIRECTORS AND COMPANY HISTORY
The Directors of Stable Connect Ltd are:
ADAM TIMS B Comm . Adam Tims is an Executive Director of Stable Financial specialist in the provision of accounting, tax and business solutions to the thoroughbred horse industry. He is a current serving member on the Thoroughbred Breeders Victoria (TBV). He is also Company secretary and Treasurer of Thoroughbred Breeders Australia (TBA) and Aushorse Marketing.
TIM JOHNSON B Ec. LLB. Tim Johnson is Company Secretary and Director of Stable Connect Limited. Tim has been involved in the Thoroughbred industry since a very young boy when he often walked the Moonee Valley track with his grandfather W. S (Bill) Cox. In his teenage years he keenly followed every horse his other grandfather Walter Johnson bred but in particular the champion ‘Vain’. As past President of Thoroughbred Breeders Victoria (TBV) and Vice President of Thoroughbred Breeders Australia (TBA) Tim has a direct involvement in the administrative and policy development of all issues relating to the Breeding industry. Tim also operates the law practice known as Stable Legal.
Product Disclosure Statement 5 Lonhro / Fast Dance
10. SYNDICATE MANAGER
Nxt Level Syndication Pty Ltd shall act as Syndicate Manager, as first appointee of the Owners in accordance with the provisions and defined by Clause 3 of the Syndicate Deed.
The COLT will race in the Nxt Level Syndication Pty Ltd’s colours.
11. RACING MANAGER
The Racing Manager as defined by Clause 4 of the Syndicate Deed shall be appointed by the Syndicate Manager. The first appointee of the Syndicate Manager as Racing Manager is Chris Andersen.
Chris Andersen has agreed to act as Racing Manager of the Syndicate.
12. TRAINER
The trainer shall be appointed by the Racing Manager. The first appointee of the Racing Manager as trainer is Ciaron Maher of Ciaron Maher Racing at 10 Munday Street, Warwick Farm, NSW, 2170. Ciaron Maher has agreed to train the COLT and a copy of his acceptance to train the COLT is attached.
13. VETERINARY REPORT
Dr Naomi Gaskell BVM&s MRCVS has as provided a veterinary report as to the suitability of the COLT for purchase as a racehorse.
14. INSURANCE
The COLT is insured until 04 th August 2021 at a sum insured of $100,000.00 for 100% of the horse. At the conclusion of the cover the COLT will not be reinsured and after this date each Owner of a Share must make their own insurance arrangements.
15. INTERESTS OF THE OFFERER, PROMOTER, SYNDICATE MANAGER, RACING MANAGER, THEIR DIRECTORS AND EXPERTS.
15.1 Neither the Offeror, Promoter, Syndicate Manager nor Racing Manager has any interest nor has had in the period of two years before the date of this PDS any interest in relation to the promotion of the Syndicate or in the COLT other than the interests detailed in this PDS.
15.2 No Director or proposed Director of the Offeror, Promoter, Syndicate Manager or Racing Manager has any interest or has had in the period of two years before the date of this PDS any interest in relation to the promotion of the Syndicate or in the COLT other than emoluments he or she may be entitled to receive from the Offeror, Promoter or Syndicate Manager and interests detailed in this PDS.
15.3 Neither the Offeror, Promoter, Syndicate Manager or Racing Manager have any financial interest in the Sire or the Dam of the COLT being offered nor have they received a free service/nomination to the Sire.
15.4 The Offeror, Promoter, Syndicate Manager or Racing Manager do not directly influence experts such as Trainers, Veterinarians or Valuers to provide advice that is biased, nor do these experts have any commercial reason to provide advice which is biased.
15.5 Dr Gaskell have no interest in relation to the promotion of the Syndicate or in the COLT except that Dr Gaskell will receive a professional fee in connection with the provision of the Veterinary Report.
15.6 There is nothing in the Syndicate Deed to prevent either themselves or any members, officers, directors of the Offeror, Promoter, Syndicate Manager, Racing Manager or any corporation related to any of them or their officers from purchasing, holding, dealing in or disposing of Shares in the Syndicate, or from otherwise contracting or acting as agent or entering into or being interested in
Product Disclosure Statement 6 Lonhro / Fast Dance
any contract or transaction whatsoever with any other of them or with any Shareholders, provided that those persons shall act, in connection with such transactions, in a fiduciary relationship of utmost good faith to Shareholders. Important to note that no investor can dispose of their share unless they engage the services of someone licensed to do so.
15.7 In the instance where the Offeror, Promoter, Syndicate Manager, Racing Manager and/or Trainer retain a share in the horse, the share is a commercial investment and the appropriate fees are apportioned to the Offeror, Promoter, Syndicate Manager, Racing Manager and/or Trainer as they are to all shareholders.
16. SUMMARY OF RIGHTS AND LIABILITIES ATTACHING TO SHARES IN THE SYNDICATE AND OTHER RELEVANT INFORMATION.
The full rights and liabilities attaching to Shares in the Syndicate are set out in the Syndicate Deed annexed to this PDS. Each prospective purchaser of a Share ("the Purchaser") should refer to that document for full information as he or she will be bound by its terms. Some essential points are as follows:-
16.1 Neither the Offeror nor any person or corporation named in the Syndicate Deed nor any one on their behalf makes any representation or warranty with regard to either:
(a) The suitability of the COLT either for racing or, if relevant, subsequently for stud duties; or
(b) The reliability or adequacy of any insurance cover either arranged for the benefit of the Owners or referred to in either this PDS or the Syndicate Deed.
Each Purchaser of a Share must acknowledge entering into the Syndicate at his or her own risk and being aware that investment in the racing of thoroughbred horses is highly speculative.
16.2 (a) The Owner of each Share shall be entitled to a pro-rata share of net prize money and bonuses earned by the COLT from racing, as provided in the Syndicate Deed.
(b) All trophies won by the COLT will be kept by Nxt Level Syndication. Trophy replicas will be arranged for owners who are wanting to purchase their own.
(c) The entitlements of the Owner are subject to the default provisions of the Syndicate Deed.
16.3 (a) The Owner of each share shall be liable for a pro-rata share of costs associated with operating the Syndicate and racing the COLT, including, but not limited to, insurance, transport, veterinary, agistment, breaking-in, pre-training and racing expenses, as provided for in the Syndicate Deed.
(b) Investors should be aware that it is estimated the annual cost of operating the Syndicate (including training, racing, management and compliance) should not exceed an average of Five Hundred Dollars ($500) per month, per 10% share however, this is an estimate only, as the actual cost will depend on many variable factors which are not possible either to forecast or foresee at this time.
(c) The trainer has elected to invoice each Owner monthly for his or her pro rata share of all costs associated with training and racing the COLT. Each Owner will be required to pay his or her pro rata share of such costs directly to the trainer in accordance with the trainer’s terms on the invoice. The monthly amount payable by each owner to the trainer will vary from month to month.
(d) Nxt Level Syndication will invoice each Owner monthly for his or her pro rata share of all costs associated with agistment and pre training the COLT. Each Owner will be required to pay his or her pro rata share of such costs directly to Syndicator in accordance with the
Product Disclosure Statement 7 Lonhro / Fast Dance
terms on the invoice. The monthly amount payable by each owner to Syndicator will vary from month to month.
(e) The ongoing management fee payable to the Syndicate Manager will be direct debited from your nominated bank account or credit card each month.
(f) Expenses in future years may increase on those stated in this PDS.
16.4 (a) In the event of either the sale of the COLT or any ownership interest in the COLT, or the sale of Shares by any of the Owners, a Commission of five percent (5%) is to be paid to the Syndicate Manager
(b) In the event the COLT, has commercial interest for sale during or after its racing career Syndicator is appointed as Exclusive Agent to sell the horse on behalf of the owners, a Commission of five percent (5%) will be applicable should a successful sale take place and trainer Ciaron Maher is also entitled to a 5% share as prizemoney compensation for the horse being sold. If the COLT retires to stud for commercial stud duties, the Syndicate Manager and trainer shall be entitled to 1 free ‘lifetime’ Stallion Breeding Right each.
(c) In the event the Syndicate Manager receives an offer from a party who is not an Owner to purchase part or all of the COLT then pursuant to the Syndicate Deed if a majority being 60% of Owners accept the offer then the minority 40% are compelled to sell pursuant to the offer made.
16.5 An applicant may elect to have the horse tested for a prohibited substance under the Australian Rules of Racing, with the cost of testing to be borne by all the Owners (whether or not they have elected to have the horse tested).
16.6 A procedure for handling internal complaints is provided by the provisions of clause 9 of the Syndicate Deed, which includes the right of an Owner, in certain circumstances, to have the dispute referred to the Australian Financial Complaints Authority (“AFCA”) or any other such authority that may take its place, for determination by conciliation or arbitration.
Investors should be aware that the Offeror, Promoter, Racing Manager and or Syndicate Manager may acquire Shares in the Syndicate and that they may acquire any number of shares.
17. REGISTRATION OF THE SYNDICATE
Within 45 days after applications for the minimum number of interests in the syndicate are received or the minimum amount for the syndicate has been raised the Syndicator will register the syndicate with Racing NSW .
18. MARKETABILITY OF SHARES
An Owner will not be able to offer for purchase, or issue invitations to buy Shares, unless the prospective purchaser is provided with an Information Memorandum prepared by the Syndicate Manager in accordance with the provisions of the Syndicate Deed.
In addition, there are restrictions contained in the Syndicate Deed on the transfer of Shares. There will be no ready market for the shares. Each owner should consider the subscription as a long term investment.
19. WARNING
Investment in bloodstock must be considered to be of a speculative nature.
Product Disclosure Statement 8 Lonhro / Fast Dance
20. RISK
Fluctuations in the value and sale price of Shares should be anticipated. Factors which will influence both the value and sale price of Shares, without limitation, include:-
20.1 Racecourse performances of the COLT and related bloodstock. 20.2 The COLT may die or value be diminished as a consequence of accident, contraction of disease or natural cause. 20.3 The level of demand for related bloodstock and bloodstock of equivalent calibre both at public auction and by private treaty. 20.4 The level of supply of related bloodstock and bloodstock of equivalent calibre both at public auction and by private treaty. 20.5 Any change in the current conditions affecting investment in the bloodstock industry, including level of prize money and taxation benefits available to bloodstock breeders. 20.6 Changing conditions within the Australian economy generally. 20.7 The price which buyers at public auction or by private treaty are willing to pay either for the COLT or Shares in the COLT if offered for sale may not reflect either the purchase price paid by the Offeror for the COLT, or the sale price of the Shares offered by this PDS.
Further considerations include:-
20.8 The COLT may not become a racehorse. 20.9 That not all racehorses earn prizemoney. 20.10 Insurance when secured may not cover all circumstances.
21. COOLING OFF PERIOD
Each applicant for a share in this COLT has the right to advise in writing their wish not to proceed during a 14 day period starting on the earlier of: a) acceptance of the application by the Offeror to the Applicant in writing; or b) the end of the 5 th day after payment for the share is made to the Promoter Upon receipt of that notification the Offeror shall return any funds paid within 7 business days and remove the Applicant as a shareholder or cancel the application.
22. DECLARATION
I Chris Andersen, a director and duly authorised officer of Nxt Level Syndication Pty Ltd being an Authorized Representative of Stable Connect Limited (AFSL 336 964) declare that:
(a) The statements contained in this Product Disclosure Statement are true and correct; and not misleading in their form or content; and
(b) This Product Disclosure Statement contains all information which prospective investors and their advisers would require and reasonably expect to find in a Product Disclosure Statement for the syndication of a COLT for the purpose of making an informed assessment about investment in the syndicate.
------Chris Andersen Director and duly authorised officer NXT LEVEL SYNDICATION Pty Ltd (A.C.N 636 907 312) being Authorised Representative (No. 001281103) of Stable Connect Limited (AFSL 336 964)
Product Disclosure Statement 9 Lonhro / Fast Dance
UNNAMED 2018 BAY COLT BY LONHRO / FAST DANCE
NXT LEVEL SYNDICATION PTY LTD Authorised Representative of Stable Connect Ltd
APPLICATION FORM
Applicant (if a company):
Surname: Given Names:
Address:
Suburb: State: Postcode:
Telephone: (Mob) (Home)
Date of Birth:
Email:
ACKNOWLEDGMENTS (a) I have received and examined a copy of the Product Disclosure Statement (“PDS”) relating to the offering of Shares in the currently Unnamed 2018 BAY COLT by LONHRO from FAST DANCE. (b) I have relied on my own inquires and independent advice in relation to my financial and legal rights and obligations as a Shareholder in the Syndicate. Furthermore, I acknowledge I have had the opportunity to obtain my own independent financial and legal advice relating to my acquisition of a Share or Shares in the Syndicate. I further acknowledge and declare that I have not received any advice either from the Promoter or any representative of the Promoter other than that detailed in the PDS. (c) I agree to be bound by the terms and conditions of the Syndicate Deed, the terms of which I am fully familiar. (d) I acknowledge that NXT LEVEL SYNDICATION PTY LTD being Authorised Representative of STABLE CONNECT LTD (AFSL 336 964) (“the “Promoter”) reserves the right to decline any application at their discretion and that the allotment of Shares to any applicant requires the approval of the Promoter. Subject to that right, application monies will be refunded to applicants whose applications are unsuccessful either because their applications have been declined or because all the available Shares have been sold. (e) I have received and examined a copy of the attached Financial Services Guide.
APPLICATION FOR SHARES
I apply for Share(s) in the Syndicate being (____%)
Signed (signature of applicant)
Before me (signature of witness)
Name of Witness
Address of Witness
Payment can be made by EFT to the below bank account Westpac Bank Account Name: Lonhro x Fast Dance BSB: 133 120 Account Number: 408 001
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