ProVen Legacy Limited is advised in its lending activities by Beringea LLP, an experienced investor in SMEs, based in the UK which is authorised and regulated by the Financial Conduct Authority (FCA). Beringea LLP’s FCA Firm Reference Number is 496358. Beringea is not a tax advisor and nothing on this website should be construed as tax advice.
Any reference to tax treatment on this website is dependent on an individual’s circumstances. If you are an existing shareholder and in any doubt about your investment in ProVen Legacy Limited, you should consult an authorised financial adviser. The value of shares in ProVen Legacy Limited may fluctuate and investors may not get back the full amount they invest and in certain circumstances may lose the whole of their investment. The target minimum return is a target and there is no guarantee that this will be achieved. The shares in ProVen Legacy Limited are unquoted and it may be difficult for investors (and their heirs) to sell their shares. Shareholders may request the Company to redeem their shares but there is no guarantee that such redemption requests will be accepted. Consequently the Company cannot guarantee that investors (or their heirs) will be able to redeem all or any part of their shareholding. While it is the intention that ProVen Legacy Limited will operate so as to offer shareholders relief from Inheritance Tax, there is no guarantee that such relief will be available. Tax legislation may change, possibly with retrospective effect, and such change may result in a materially adverse effect on the tax treatment of an investment in ProVen Legacy Limited.