Terms and Conditions
MKIG Limited (t/a The Milton Keynes Investors Group).
Company Number: 12601648.
Registered address: Freeths LLP Routeco Business Park, Davy Avenue, Knowlhill, Milton Keynes, MK5 8HJ.
We refer to the meetings that you have expressed an interest in attending (“the Meetings”) to be hosted (in person or virtually) by MKIG Limited (company number 12601648) t/a Milton Keynes Investors Group (”MKIG”), in which start-up companies will deliver presentations and pitches (the ”Pitches”), with the intention of raising investment funds from investors such as yourself.
By subscribing online, attending and participating in the Meetings, you confirm that you accept the following terms and conditions (the ”Terms”) and that you agree to comply with them. Please read these Terms carefully before attending any Meetings or engaging with the process. If you do not agree to these Terms, you must not attend the Meetings. We recommend that once you have signed these Terms, you retain a copy of the signed Terms for future reference. If you attend Meetings but have not signed these Terms you will be deemed to have agreed to these Terms.
TERMS AND CONDITIONS OF PARTICIPATION
Purpose of the Meetings and MKIG’s Involvement
- MKIG acts solely to provide events for start-up companies that are seeking investment and therefore would like the opportunity to pitch their business ideas to potential investors, such as you. The purpose of the Meetings is therefore to introduce you to start-up companies seeking investment into their business (the ”Investees”) and to provide a forum in which the Investees can present Pitches to potential investors. You must inform us of any investments that you make into Investee companies following an introduction to the Investee by MKIG.
Suitability of the Investee, Warranties and Liability
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MKIG does not carry out any due diligence, investigation or checks of any nature in respect of the Investee, including but not limited to background checks, financial or regulatory checks (including but not limited to checks carried out pursuant to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, the Terrorism Act 2000 and The Proceeds of Crime Act 2002), checks as to the viability of the Investee’s business and/or business plan, general checks as to the qualifications, skills, reputation or experience of the Investee or checks as to the overall suitability for you of an investment (the ”Investment”) in an Investee.
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This communication and any other communication by MKIG regarding the Meeting should not be considered as a recommendation by MKIG to invest in any of the Investees, and recipients interested in investing in any of the Investees are recommended to seek their own independent financial, legal and other advice. Nothing in this communication or any other communication by MKIG regarding the meeting constitutes investment, tax or legal advice. You must rely on your own examination of the legal, taxation, financial and other consequences of an Investment, including the merits of investing and the risks involved.
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MKIG gives no warranty as to the background, financial standing, regulatory compliance, viability of business and/or business plan, qualifications, skills, reputation or experience of the Investee or the overall suitability of the Investee as an investment.
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MKIG does not represent, warrant or undertake to find a suitable Investee and/or Investment for you.
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You acknowledge that it is your sole responsibility to carry out your own due diligence in respect of the Investee and you must satisfy yourself as to the background, financial standing, regulatory compliance, viability of business/business plan, qualifications, skills, reputation and experience of the Investee and the overall suitability of the Investee as an investment for you.
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MKIG shall not under any circumstances be liable to you for any direct and/or indirect costs, expenses, losses, damages, legal costs, damage to reputation, loss of profits, failure, error, omission, and/or any other matter of any nature (including but not limited to those which are attributable to and/or caused by the Investee in respect of the Investment). This shall not apply to personal injury or death caused by the negligence or deliberate default of MKIG.
Confidentiality
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In the course of preparing for and attending the Meetings, observing the Pitches and deciding whether to make an Investment, it may be necessary to inform you, your representatives or advisers (orally, in writing or by electronic transmission) of information concerning MKIG’s business or the business of any potential Investees. In consideration of the provision of such information you undertake to MKIG that:
a. you and your representatives and advisers agree to keep strictly confidential any confidential or proprietary information that they, or any one of them, may acquire or be informed of during the course of you or their dealings with MKIG or through seeing any of MKIG / the Investee’s materials, documents, equipment, products, processes and the like; b. information required to be kept confidential shall not be used by you or your representatives or advisers in any way whatsoever, except as may be necessary to facilitate you preparing for and attending the Meetings, observing the Pitches and deciding whether to make an Investment; c. such information shall not be disclosed by you or your representatives or advisers to any other third party without MKIG’s prior written consent; and d. you will and you will procure that your representatives or advisers whenever requested by MKIG will delete or destroy or return to MKIG any information disclosed by MKIG and any copies of it in whatever form.
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These obligations do not apply to any of the information which has become or becomes public knowledge through no fault of you or your representatives or advisers.
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The obligations in paragraph 8 shall apply for the period of 6 years following disclosure of confidential or proprietary information protected by paragraph 8.
Financial Services and Markets Act 2000
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MKIG is not authorised or regulated by the Financial Conduct Authority.
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MKIG will only provide a forum, by providing the Meeting, for the Company to be introduced to potential investors. MKIG will not provide any other service to the Investor or the Company including, but not limited to, any service that is designed to facilitate the making of or arrangements for investments in the Company.
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For the avoidance of doubt, MKIG will not and this Agreement does not require MKIG to carry on any activity that would cause MKIG to be or become at any time in breach of the general prohibition (the ”General Prohibition”) set out in section 19 of the Financial Services and Markets Act 2000 (”FSMA”) and MKIG is entitled, at its sole discretion, to refuse to act on any instruction or perform any activity that might cause it to breach the General Prohibition.
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MKIG has not endorsed, has not authorised and accepts no responsibility for any information that is passed between you and an Investee at or following the Meeting. You and Investee are solely responsible for the information passing between you and the Investee, including, but not limited to whether it has been approved by an authorised person or is an exempt communication as defined in the handbook of principles, rules and guidance issued by the Financial Conduct Authority and updated from time to time.
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You should only attend the meeting if you have satisfied yourself that you meet one of the following categories of investor: a. a “certified high net worth individual” within the meaning of article 48 of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 (“FPO”); b. “high net worth companies, unincorporated associations etc” within the meaning of article 49 of the FPO; c. a “certified sophisticated investor” within the meaning of article 50 of the FPO; d. a self-certified sophisticated investor within the mean of article 50A of the FPO.
General
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Clause and paragraph headings shall not affect the interpretation of these Terms.
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Unless the context otherwise requires, words in the singular shall include the plural and in the plural shall include the singular.
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A reference to a statute or statutory provision shall include all subordinate legislation made from time to time under that statute or statutory provision.
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These Terms and any dispute or claim arising out of or in connection with them shall be governed by the English law and subject to the exclusive jurisdiction of the courts of England.