Disclaimer

This legal notice governs your use of this website – www.summit-ir.net.

This website is published by Summit Investor Relations Limited (“Summit”), a private limited company registered in the Republic of Seychelles and whose registered address is at Suite 303, Ile Du Port, Mahe, Seychelles. Summit is not regulated by any financial regulator.

Any document or information appearing on this website or any of its pages or communication transmitted thereby (a Communication) does not constitute or form part of an offer to issue or sell or the solicitation of an offer to subscribe for or purchase any investment by anyone in any jurisdiction in which such offer or solicitation is not authorised or to anyone to whom it is unlawful to make such a solicitation nor does it constitute investment advice but is provided for information purposes only and without regard to any particular person’s investment objectives, financial situation, or means. Neither any Communication, nor the fact of its distribution or transmission, form the basis of, nor may be relied on in connection with, any contract to subscribe for or purchase any investment.

Summit is a financial news- and information provider. The information provided by the Company on behalf of its corporate clients is general information only. Investors must make their own investment decisions and it is highly recommended that you seek independent advice. Past performance is no guarantee of future results.

Summit provides a business introduction service.

Subscribers to our newsletters and associated communication platforms may come across opportunities in which they would like to invest.

The opportunity to invest is only available on platforms separate from Summit or by consulting your financial advisor.

Generally, any communication by our Corporate Clients that are being issued to and/or directed at persons who are personally categorising themselves as Qualified, Accredited, Sophisticated, HNW, Professional & Institutional Investors by completing appropriate forms.

If you are unsure, it is highly recommended that you seek professional advice regarding your status.

Below follows a summary on a regional basis.

UNITED STATES

Accredited investors:

An individual whose income exceeds $200,000 in each of the two most recent years (or $300,000 in joint income with a person’s spouse) and who reasonably expects to reach the same income level in the current year;
An individual whose net worth exceeds $1 million, excluding the value of their primary residence;
Certain entities with over $5 million in assets; or
Certain regulated entities such as banks, savings and loan associations, registered broker dealers, insurance companies, registered investment companies, business development companies, licensed Small Business Investment Companies which are not subject to the asset test.

CANADA

Accredited investors:

An individual who, alone or together with a spouse, owns financial assets worth more than $1 million before taxes but net of related liabilities; or
An individual who, alone or together with a spouse, has net assets of at least $5,000,000;
An individual whose net income before taxes exceeded $200,000 (or $300,000 in joint income with a spouse) in both of the last two years and who expects to maintain at least the same level of income this year;
An individual who currently is, or once was, a registered advisor or dealer, other than a limited market dealer;
Financial institutions, governments and governmental agencies, insurance companies, pension funds, registered charities, certain mutual funds, pooled funds, and managed accounts; or
Companies with net assets of at least $5 million.

UNITED KINGDOM

Sophisticated Investors:

An individual where at least one of the following applies:

Is a member of a network or syndicate of business angels and have been so for at least the last six months prior to the certification date;
You have made more than one investment in an unlisted company in the two years prior to the certification date;
You are working, or have worked in the two years prior to the certification date, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises;
You are currently, or have been in the two years prior to the certification date, a director of a company with an annual turnover of at least £1 million.

High Net worth Investors:

An individual where at least one of the following applies:

You had, during the financial year immediately preceding the certification date, an annual income to the value of £100,000 or more;
You held, throughout the financial year immediately preceding the certification date, net assets to the value of £250,000 or more. Net assets for these purposes do not include: the property which is my primary residence or any loan secured on that residence; any rights of mine under a qualifying contract of insurance within the meaning of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001; or any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled.

EU & NORWAY

Professional clients:

Per Se Professional Clients
Elective Professional Clients
The “Qualitative Test”: The firm undertakes an adequate assessment of the expertise, experience and knowledge of the client that gives reasonable assurance that the client is capable of making their own investment decisions.

The “Quantitative Test”: The client meets at least two of the following:

Has carried out transactions of significant size on the relevant market at an average frequency of 10 per quarter over the previous four quarters, or
Has a financial portfolio exceeding EUR 500,000.
Works or has worked in the financial sector for at least one year.

SWITZERLAND

Consult with local counsel.

SINGAPORE

An accredited investor satisfies one or more of the conditions below:

An individual whose net personal assets exceed S$2 million;
An individual whose income in the preceding 12 months exceeds S$300,000; or
Corporations with assets exceeding S$10 million.

ISRAEL

Classified Investors:

Institutional investors (pension funds, insurance companies, mutual funds, banks, portfolio managers, etc.);

Large companies with equity exceeding ILS 50 million; or

Sophisticated individual investors that:

Hold liquid assets (cash, deposits, financial assets, and securities) of at least ILS 8 million; or
Have received personal income of at least ILS 1.2 million in each of the two most recent years (or ILS 1.8 million in joint family income); or
Hold liquid assets of at least ILS 5 million and receive personal annual income of at least ILS 600,000 (or ILS 900,000 in joint family income).

HONG KONG

Professional Investors:

Trust corporations, with total assets of not less than HK$40 million or its equivalent in foreign currency;
Individuals, either alone or with any associates on a joint account, having a portfolio of not less than HK$8 million or its equivalent in foreign currency;
Corporations or partnerships having either a portfolio of not less than HK$8 million or total assets of not less than HK$40 million; or
A corporate investment vehicle that is wholly owned by any of the three categories above.

AUSTRALIA

Sophisticated Investors:

A person that has net assets of at least A$2.5 million; or
A person that has a gross income of A$250,000 for each of the last two financial years.
Securities offerings are also exempt from disclosure if the minimum amount payable for the securities on acceptance is A$500,000.

Professional Investors:

A person has or controls gross assets of A$10 million.

BRAZIL

Professional Investors:

Certain types of institutions such as financial institutions, insurance companies, investment funds, etc.; or
Investors holding financial investments exceeding R$10 million and attest in writing their qualified investor condition.

Qualified Investors:

Investors holding financial investments exceeding R$1 million and attesting in writing their qualified investor condition.

MEXICO

Basic qualified investors:

Any person holding investments in securities during the prior year on average of approximately US$415,000, or that has obtained, during the two previous years, an annual net income equal to or exceeding approximately US$130,000.

Sophisticated qualified investors:

Any person holding investments in securities during the prior year on average of approximately US$830,000, or that has obtained, during the two previous years, an annual net income equal to or exceeding approximately US$270,000.

INDIA

Consult with local counsel.

KOREA

Professional Investors:

Hold a balance of financial investment instruments of at least KRW 500 million; or
Receive annual income of at least KRW 100 million.

Summit will be entitled to rely on any client categorisation you give and the information you give in connection therewith and shall have no liability to you if you provide inaccurate or misleading information for the purposes of determining that client categorisation.

Capital At Risk / Risk Warning

Please note that capital invested is at risk and you may lose some or all of your investment.

Investments are not regulated by any financial regulator. Returns are NOT guaranteed, and the value of your investment can go down as well as up and you may get back less than you invest. Security measures are not a guarantee of repayment. Past performance is not a guide for future performance. You should read the offering document in full before investing. Investments are not readily realisable, and you should be prepared to hold them for the full investment term. Summit is not authorised to give investment advice so if you are unsure about anything please seek advice from a regulated advisor.

All investments carry an element of risk, which may stem from their illiquidity, leverage, investment horizon and general risks associated with investments. These risks include capital loss, dilution of shareholder value, that dividends will not be declared, and illiquidity risk due to the absence of a viable secondary market for a particular product. The value of investments may rise or fall due to the volatility of world markets, interest rates or changes in the rate of exchange for the currency in which the investment is denominated. Some investments can experience significant volatility and value fluctuations in a very short space of time, which may present an increased risk of losing your original capital.

Although Summit has taken all reasonable care to ensure that the information contained within this website is accurate at the time of publication, no representation or warranty is made as to its accuracy, reliability or completeness. Information contained in any communication may be subject to change and we cannot guarantee the validity of any statement or figure after the date of its publication.

Summit is not authorised to give investment advice and as such, you should consider seeking the advice of an appropriately authorised or regulated financial advisor. The products and services available are NOT covered by any global financial regulator nor its associated Compensation Schemes.

Please be aware that Summit is compensated directly by the companies that Summit introduces to its investment community. This does not affect the amount of money invested in the investment companies being promoted. If you would like further information on how Summit is compensated for its services, please write to us directly.

We welcome you to review our privacy policy and cookies policy.

Contacting Us

Please do not hesitate to contact us regarding any matter relating to this Policy at Summit Investor Relations Limited, Suite 303, Ile Du Port, Mahe, Seychelles.

Cookies Policy

This site uses cookies – small text files that are placed on your machine to help the site provide a better user experience. In general, cookies are used to retain user preferences, store information for things like shopping carts, and provide anonymised tracking data to third party applications like Google Analytics. As a rule, cookies will make your browsing experience better. However, you may prefer to disable cookies on this site and on others. The most effective way to do this is to disable cookies in your browser. We suggest consulting the Help section of your browser or taking a look at the About Cookies website which offers guidance for all modern browsers.

Privacy Policy

The law of Republic of Seychelles governs access to and use of this website. By accessing this website, you acknowledge that you have read and understood the conditions of use, the privacy policy and have agreed to accept these conditions and you represent and warrant you satisfy any investor qualification tests required to be met by you in accessing the site or by any potential investment in any products on which information is provided.
This website is run by Summit Investor Relations Ltd (We/Us) and we are committed to protecting and respecting your privacy.

This Privacy and Cookies Policy (this Policy) (together with our Disclaimer Agreement which contains terms of use of our website www.summit-ir.net and any other documents referred to on it) sets out the basis on which any personal data we collect from you, or that you provide to us, will be processed by us. Please read the following carefully to understand our views and practices regarding your personal data (the Data) and how we will treat it.

By visiting www.summit-ir.net (our website) you are accepting and consenting to the practices described in this Policy.

For the purpose of the General Data Protection Regulation (the Act), we are the data controller and our registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles.

The nature of the unregulated services (the Services) as advertised to be provided by us on our website means that we might obtain certain Data about you. This statement sets out the principles governing our use of your Data (Use). By registering and using our website generally, you agree to this Use.

General Data Protection Regulation (GDPR)

Summit Communications Limited is committed to comply with GDPR (General Data Protection Regulation) principles and regulations. We have undertaken important steps to ensure we obtain your consent prior to processing or using any personal data. We aim to provide you with clear, accessible and intelligible information on how we obtain and process your personal data. We have taken our best endeavours to ensure that our privacy policy and cookies policy is accessible and comprehensive for all users.

Information we collect from you

We will collect and process the following Data about you:

Information you give us

This is information about you that you give us by filling in forms on our website or by corresponding with us by phone, e-mail or otherwise. It includes information you provide when you register to use our website, subscribe to our online service and any other activities commonly carried out on our website. The information you give us may include your name, address, e-mail address and phone number and financial information indicative of your financial standing with respect to any proposed investment you may wish to make and that we have been requested to obtain on behalf of clients.

Information we collect about you

With regard to each of your visits to our website we may collect the following information from time to time:
technical information, including the Internet protocol (IP) address used to connect your computer to the Internet, your login information, browser type and version, time zone setting, browser plug-in types and versions, operating system and platform;
information about your visit, including the full Uniform Resource Locators (URL), clickstream to, through and from our website (including date and time), products you viewed or searched for’ page response times, download errors, length of visits to certain pages, page interaction information (such as scrolling, clicks, and mouse-overs), methods used to browse away from the page and any phone number used to call our customer service number.
We will ensure we obtain your full consent prior to obtaining any information from you.

Uses made of the information

We will use this information:

To provide you with information about the investment products you enquired about;
To notify you about changes to our service;
To ensure that content from our website is presented in the most effective manner for you and for your computer.
III. Disclosure of your Data

For the avoidance of doubt, we will not disclose your Data to any third parties other than in accordance with this Policy and in the circumstances detailed below:

Any member of our group, which means our subsidiaries, our ultimate holding company and its subsidiaries, as defined in section 1159 of the UK Companies Act 2006.
Selected third parties such as prospective investors and our business partners.
In the event that we sell any or all of our business to the buyer.
Where we are legally required by law to disclose your personal information.
To further fraud protection and reduce the risk of fraud.
Where we store your personal data

We will take all steps reasonably necessary to ensure that your data is treated securely and in accordance with this Policy.

All information you provide to us is stored on our secure servers. Where we have given you (or where you have chosen) a password which enables you to access certain parts of our website, you are responsible for keeping this password confidential. We ask you not to share a password with anyone.

Your rights

You have the right to ask us not to process your personal data for marketing purposes. We will expressly request your approval before collecting your data. Equally, we will obtain your consent should we intend to use your data for such purposes or if we intend to disclose your information to any third party for marketing purposes. You can exercise your right to prevent such processing by checking certain boxes on the forms we use to collect your data.

You can exercise your rights at any time by contacting us on +44 (0) 20 3514 1300 or at info@summit-ir.net

Third Party Links

You have the right to request for your personal data to be permanently erased from our system. The right to erasure is also known as the ‘right to be forgotten’. This can be made by your verbal or written request.
You can exercise your rights at any time by contacting us on +44 (0) 20 3514 1300 or at info@summit-ir.net

VII. Access to Data

In accordance with the Act you have the right to access any Data that we hold relating to you. Please note that we will use our best endeavours to reply as soon as possible to your request, however standard timeframes allow up to one month to comply with any requests.