Legal Information

Important Legal Information

Both The Premier Property Options Fund plc (the "Company") and The Premier Property Options Fund Protected Cell Company plc (the "PCC" or "Protected Cell Company") are qualifying type experienced investor funds and each complies with the requirements of the Isle of Man Financial Supervision (Experienced Investor Fund) (Exemption) Order 1999, as amended (the "Order"). Shares in the Company and Shares in the PCC are only available to persons who have certified in the prescribed manner that they are "Qualifying Investors", as defined in the Order and in the Scheme Particulars which can be downloaded from this website (the "Scheme Particulars") and who are willing to invest more than a minimum specified amount.

The PCC is established as a protected cell company in accordance with the provisions of the Protected Cell Companies Act 2004 (the "PCC Act"). This means that under Isle of Man law, and provided that the PCC complies with the provisions of the applicable Isle of Man law, assets attributable to each Cell of the PCC will only be available to the creditors of that Cell. Prospective investors should bear in mind that the segregation of assets and liabilities in the Cells of the PCC, whilst recognised and protected under Isle of Man law, may not be recognized in certain other jurisdictions in which the PCC's assets may be located.

The value of Shares in the Company and the value of Shares in the PCC and the income produced by each of them can fall as well as rise. Investors may not get back the value of their original investment.

Each of the Company and the PCC is established in the Isle of Man as a qualifying type experienced investor fund and, as such, is not subject to any form of authorisation or approval in the Isle of Man.

Investors in the Company or the PCC are not protected by any statutory compensation arrangements in the event of the relevant fund's failure and the Isle of Man Financial Supervision Commission does not vouch for the financial soundness of either the Company or the PCC or for the correctness of any statements made or opinions expressed with regard to either of them.

Neither the Company nor the PCC is suitable for those who are not "qualifying investors" as defined in the Order.

Requirements which may be deemed necessary for the protection of retail or non-qualifying investors do not apply to qualifying type experienced investor funds. By signing the declaration set out in the application form, you are expressly agreeing that you fall within the definition of a "qualifying investor" and accept the reduced requirements accordingly.

You are wholly responsible for ensuring that all aspects of the Company and/or the PCC (as the case may be) are acceptable to you. Investment in qualifying type experienced investor funds may involve special risks that could lead to a loss of all or a substantial portion of such investment. Unless you fully understand and accept the nature of the Company and/or the PCC and the potential risks inherent in either of them, you should not invest in either of them.

If you are investing on behalf of another person, the Isle of Man Financial Supervision Commission expects you to be satisfied that the person/persons on whose behalf you are investing, or whose interest is linked to the investment in the qualifying type experienced investor fund (as the case may be), is a qualifying investor who understands the risks associated with this type of investment.

If you are a life assurance company investing assets comprised within your long term business fund, the Isle of Man Financial Supervision Commission expects that relevant policyholders have been given the opportunity to read the Scheme Particulars and, as such, to have information about the risks associated with this type of investment.

Where relevant, the Scheme Particulars must be read in conjunction with the separate Supplementary Memoranda which set out important information in relation to certain Sub-Funds. There is no Supplementary Memorandum for the UK Residential Property Growth Managed Sub-Fund, the UK Residential Property Enhanced Managed Sub-Fund, the European Property Growth Managed Sub-Fund, the European Property Enhanced Managed Sub-Fund, the Global Property Growth Managed Sub-Fund and the Global Property Enhanced Managed Sub-Fund, but there is or will be a Supplementary Memorandum for all other Sub-Funds.

Investors should also note that the UK Residential Sub-Funds, the European Property Sub-Funds and the Global Property Sub-Funds invest in the PCC, but it is not intended that any additional Sub-Funds will do so.

The UK Residential Property Growth Managed Sub-Fund, the UK Residential Property Enhanced Managed Sub-Fund, the UK Residential Property Managed Sub-Fund, the European Property Enhanced Managed Sub-Fund, the European Property Managed Sub-Fund, the Global Property Enhanced Managed Sub-Fund and the Global Property Managed Sub-Fund are all closed to new investment.