INVESTMENT ROUND TWO:
EXPRESSION OF INTEREST
Black Bee Honey will shortly commence its second investment round. 16.6% equity is offered in return for £125,000 investment based on a valuation of £750,000. The Investor Memorandum can be found here.
This is a non-binding expression of interest to invest.
Existing Ordinary shareholders have pre-emption rights. There is £38,960 of investment eligible for SEIS, the remainder is eligible for EIS* (tax relief based upon individual investor circumstances).
A Ordinary (£2,000+)
Each A Ordinary Share is entitled to: one vote in any circumstance; certain pre-emption rights; and rank equally with B Investment Shares in respect of dividends and capital distributions.
B Investment (£50+)
Ranks equally with A Ordinary Shares in every respect (including the right to participate in dividends and capital distributions), save that B Investment Shares do not have any voting or pre-emption rights.
*Advance assurance given by HMRC.