Disclaimer
This document has been prepared by BDRC in respect of the proposed issue of interests, shares or units in thoroughbred racing and trading syndicates or managed funds operated by or in connection with
BDRC (Interests).
This document is not an offer to issue or sell any financial product, including Interests. The purpose of this document is to canvas indicative interest from potential investors only and must not be used for any other purpose. This document is for information purposes only and does not constitute financial product advice, investment advice or any recommendation to purchase or subscribe for any financial products.
No Interests may be offered for issue or sale in, and no offering document or advertisement in respect of the Interests may be published or distributed in or from, any country or jurisdiction except in conformity with all applicable laws and regulations of that country or jurisdiction. Without limiting the above, no person may offer any Interests for issue or sale or publish or distribute any offering document or advertisement relating to the Interests in New Zealand other than (1) to close business associates of BDRC and certain “wholesale investors” within the meaning of the Financial Markets Conduct Act 2013 (FMCA); or (2) pursuant to, and in accordance with, the Financial Markets Conduct (Equine Bloodstock) Exemption Notice 2021.
The information in this document is given by BDRC in good faith and has been obtained from sources believed to be reliable and accurate at the time of preparation but the accuracy, correctness and completeness of the information contained in this document cannot be guaranteed. This document does not purport to contain all of the information that a potential investor in the Interests may require. None of BDRC, any of its related entities, or any director, officer, employee, agent, or advisor of any of them (Relevant Persons) makes any representation or warranty, express or implied, as to, nor assumes any responsibility or liability for, any information, statement, opinion, or forecast contained in, or omitted from, this document or any previous, accompanying or subsequent material or presentation. The Relevant Persons do not guarantee any level of return and potential investors should, amongst other things, conduct their own investigation and analysis of the investment, the information set out in this document and any other information
provided in connection with the investment, and obtain their own independent advice.
The information contained in this document has been prepared as at 21st of December 2023, based on information available, and the facts and circumstances known, to BDRC at that time. Information contained in this document may change, and neither BDRC nor any other person is under any obligation to update potential investors as to those changes. The specific terms and conditions of issue of any Interests and participation in any BDRC syndicate or managed fund will be set out in written governing documents (Governing Documents) to be entered into by relevant investors. Provision of this document is not a representation to any potential investor or any other person that Governing Documents will be executed.
The information contained in this document is strictly confidential and must not be disclosed to any person.
By accepting delivery of this document, you confirm your acknowledgement of the matters set out above.