Risk Warning

This website is issued in the UK by Albion Community Power Ltd. This communication is an advertisement only and does not constitute an offer to sell, or a solicitation of an offer to buy, any shares in Albion Community Power. No such offer or solicitation will be made except pursuant to the  Albion Community Power PLC Prospectus issued on 6th June 2013 and the supplementary Prospectus dated 18th June 2013 (together the “Prospectus”). Before making a decision to invest in the Company, potential investors are advised to read the Prospectus and related application form carefully, including the risk factors contained in the Prospectus, and to consult their legal, accounting, business, investment, pension, tax or other adviser.

The information in this communication is qualified in its entirety by reference to the more detailed discussion contained in the Prospectus. Any person subscribing for shares under the Offer must be able to bear the risks associated with the Company and must meet the Company’s suitability requirements. The value of investments can fall as well as rise and an investor may not get back the original amount invested. The performance information set out above refers to the past and past performance is not a reliable indicator of future results. The tax treatment depends on the individual circumstances of each investor and may be subject to change in the future. Albion Community Power does not provide advice, or ensure suitability in respect of the offer of shares in the Company. An authorised investment adviser should be consulted in all circumstances where advice on an investment product is required. Although Albion Community Power may have an informed opinion on such matters, it cannot comment on the individual circumstances of each investor. The information relating to tax in this document is based on current law and practice and should not be construed as tax advice in respect of which investors should consult their own tax adviser. The value of, and the income derived from shares can fluctuate and there is no guarantee that the price of shares will fully reflect their underlying net asset value. There can be no guarantee that the investment objectives will be met. There is no guarantee that target dividends will be paid.

There is no guarantee that an investment in the Company will qualify for Business Property Relief

Investment in the Company will involve certain risks, including:

Key risks that are specific to the issuer or its industry

  • The business plan of the Company is based upon the key assumption that Government legislation will continue to actively encourage the increase of renewable energy generation through its promotion of FiTs, ROCs and the introduction of the RHI scheme. Any changes to those Government incentives could have a material adverse effect on the business strategy of the Company.
  • The success of the Company’s business is dependent upon it being able to secure suitable renewable energy projects to develop and operate.
  • The Company’s success depends on its ability to retain the executive directors who have particular expertise in the renewable energy sector.
  • There is no guarantee that the Company’s business strategy will be successful. The ability of the Company to identify and develop suitable renewable energy projects depends inter alia on planning consent for such projects.
  • There can be no guarantee that legislation favourable to the Company’s business will remain in place and changes could be applied on a retrospective basis.
  • An investor could cease to qualify for the taxation reliefs offered by Business Property Relief, for example by not holding the Shares for a two year period before death.
  • The Company may cease to be a trading company whose shares qualify for Business Property Relief.
  • The Company may be unable to secure the timely supply of the equipment required for projects, or such equipment may be subject to mechanical failure or underperformance.
  • Projects may be subject to construction or grid connection delays which could have a material adverse impact on the profitability of the Company.
  • Adverse or extreme weather may affect the success of solar, wind and hydroelectricity projects and therefore the profitability of the Company. 

Key risks that are specific to the securities:

  • An investment in the Company should be viewed as a medium to long-term investment and may not be suitable for all recipients of the Prospectus.
  • There is no formal market in the Shares and it may be difficult for investors to realise their investment.
  • Investments in unquoted shares may carry a higher risk than investments in quoted shares.
  • No investors’ compensation scheme or similar arrangement is available for claims relating to investments in the Company.
  • The Offer is subject to the Minimum Subscription being achieved. If the Minimum Subscription is not achieved by 30 September 2013, or such later date as the board may resolve, subscription monies will be refunded, without interest, within 14 days thereof.
  • An investor will not qualify for Business Property Relief if he or she dies before the expiry of the two year qualifying period.

Albion Ventures LLP is acting exclusively for the Company and for no-one else in relation to the offer.

Albion Ventures LLP is authorised and regulated by the Financial Conduct Authority.