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First Edition EIS is a discretionary portfolio management service run by media and entertainment investment experts with significant experience of sourcing, operating and exiting qualifying EIS investments. WHY FIRST EDITION EIS? First Edition EIS offers investors the opportunity to gain access to a portfolio of pre-identified fast growing companies in the media and entertainment sector. This offer may be suitable for those investors looking for the following: • An experienced management team that has achieved significant upside for previous EIS investors • Target 2x tax free return over an investment time horizon of 4-6 years • Target asset allocation of 70% roll-out and 30% earlier stage opportunities • Pre-identified companies requiring expansion capital and strategic support • Access to a minimum of three EIS qualifying investments • Allotment before the end of the tax year for the pre-agreed deals identified in this Investment Summary and the Information Memorandum • Carry back of investment in these businesses to the 2015/16 tax year for income tax purposes • Rare blend of investment and true hands-on operational expertise • A management team that aligns itself with investor interests • Competitive charging structure • Investee companies that will have already obtained Advance Assurance • Anticipated timely delivery of EIS3 certificates to investors FIRST EDITION EIS INVESTMENT SUMMARY

first edition eis - RAM Capital · 2016. 10. 10. · First Edition EIS is a discretionary portfolio management service run by media and entertainment ... One of the overarching trends

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Page 1: first edition eis - RAM Capital · 2016. 10. 10. · First Edition EIS is a discretionary portfolio management service run by media and entertainment ... One of the overarching trends

First Edition EIS is a discretionary portfolio management service run by media and entertainment investment experts with significant experience of sourcing, operating and exiting qualifying EIS investments.

Why First Edition Eis?First Edition EIS offers investors the opportunity to gain access to a portfolio of pre-identified fast growing companies in the media and entertainment sector.

This offer may be suitable for those investors looking for the following:

• Anexperiencedmanagementteamthathasachievedsignificantupside for previous EIS investors

• Target2xtaxfreereturnoveraninvestmenttimehorizonof4-6years

• Targetassetallocationof70%roll-outand30%earlierstageopportunities

• Pre-identifiedcompaniesrequiringexpansioncapitalandstrategicsupport

• AccesstoaminimumofthreeEISqualifyinginvestments

• Allotmentbeforetheendofthetaxyearforthepre-agreeddealsidentifiedin this Investment Summary and the Information Memorandum

• Carrybackofinvestmentinthesebusinessestothe2015/16taxyearforincome tax purposes

• Rareblendofinvestmentandtruehands-onoperationalexpertise

• Amanagementteamthatalignsitselfwithinvestorinterests

• Competitivechargingstructure

• InvesteecompaniesthatwillhavealreadyobtainedAdvanceAssurance

• AnticipatedtimelydeliveryofEIS3certificatestoinvestors

first edition eisinvestment summary

Page 2: first edition eis - RAM Capital · 2016. 10. 10. · First Edition EIS is a discretionary portfolio management service run by media and entertainment ... One of the overarching trends

INVESTMENT APPROACH ANd PORTFOLIO EXAMPLES

The three pre-identified investment opportunities are detailed below and act as examples of the types of businesses that First Edition EIS will invest into in future allotments, reflecting a majority focus on the roll-out of profitable businesses.

LiVE EntErtAinMEnt

One of the overarching trends in live entertainmentoverthepast10yearshasbeen the building of a ‘tribe’ – a group of like-minded people, passionate about the same thing (music, the arts and sport to name a few) who return year after year to the same event or venue.

tELEVision

Disruption in the TV industry caused by the digital revolution has created opportunities for new brands and models toemerge.Contentcreatorsandrightsholders are best positioned to thrive by owning proprietary content that can be exploited globally across multiple platforms, including live events and offline revenue streams.

VEnUEs

Popularentertainmentvenuesandtheirusage has undergone a period of significant change in the UK. Nightclubs have steadily declined and late opening bars (often themed), street food markets, pop-up restaurants, pop-up events and immersive entertainment have taken over as new and different experiences are sought from the millennial generation.

Mainstage Events Investment into the profitable

Snowboxx ski festival brand to roll-out

new versions of the festival at different

resortsandcornerthe18-30skiholiday

marketwithspin-off‘Poweredby

Snowboxx’ holidays. The business

model of combining a festival with a

popular interest can also be applied

to a wide range of other holiday

experiences.

sEctors oF intErEst

Pre-identified LiVE EntErtAinMEnt investment

INVESTMENT: £1.05mBuSINESS STAgE: Profitable

www.snowboxx.com

It’s the perfect combination for those who want to add a bit more va va voom

to their ski hol.

metro, 24/12/2014

The appetite for ski music festivals is healthy and growing. Snowboxx was a sell out this

year and other big events this season are being held in mountains from

Bulgaria to Switzerland.

telegraPh, 31/3/2015

sectors in which First edition eis has pre-identiFied investment opportunities

Page 3: first edition eis - RAM Capital · 2016. 10. 10. · First Edition EIS is a discretionary portfolio management service run by media and entertainment ... One of the overarching trends

Little Door & Co. Investment to roll-out the profitable

‘Little Yellow Door’ concept. The

‘Little Door’ venues are immersive bar

and restaurants styled as a house party

taking place at a fictional flat-share.

The management team plan to open

5sitesinLondonovera4yearperiod,

each styled to match the surrounding

area, before considering international

expansion and a membership concept

styled as the ‘Little Yellow House’.

Infinity Creative Media Investment to create and own high

quality TV series on popular passions

and hobbies, designed for global

commercial exploitation that can be

leveraged for live versions and offline

revenuestreams.AnexampleInfinity

TV series that may be invested into is

‘The Wine Show’ featured on ITV

andpartneredwithAldi,Amazonand

Taste London, who sponsor, retail

and host live versions of the show

respectively.

Pre-identified tELEVision investment

INVESTMENT: £2.1m BuSINESS STAgE: Project dePending, Profitable/Pre-Profit

Pre-identified VEnUEs investment

INVESTMENT: £1.3m BuSINESS STAgE: Profitable

www.thelittleyellowdoor.co.uk

www.infinitycml.com

With our distribution networks and connections within TV and Edition’s

experience in media and live entertainment, we’re excited to see what the next step

is for our brands.

russ lindsay, Ceo, infinity Creative media

Since it opened last year, the informal restaurant has seen guests queuing up to

attend its informal Saturday night dinner parties, with similar excitement

surrounding the new Wednesday night event.

harPer’s Bazaar, 23/3/2015

The Wine Show: it’s Top Gear for booze... I hate myself for loving it.

the guardian, stuart heritage 11/4/2016

With top-notch food, killer drinks, silly games and free roam of the flat

this is the ultimate house party – and everyone is invited.

evening standard, 31/10/2014

Page 4: first edition eis - RAM Capital · 2016. 10. 10. · First Edition EIS is a discretionary portfolio management service run by media and entertainment ... One of the overarching trends

the edition team members have spent 400 days working at festivals, overseen the sale of 3.2 million festival tickets, in excess of 17 million recorded music albums and the creation of tV formats watched by 6.5 billion people.

risk warning: First Edition EIS is a high-risk product and we therefore recommend that you; seek independent advice first if you are thinking of investing, as it may not be suitable for all investors; and you read the Information Memorandum in full. The following key risks should be considered:• Yourcapitalisatrisk.Thereisnoguaranteethattheamountyouinvestwillbereturnedtoyou.• Thisisalong-terminvestment.EachinvestmentinanEISqualifyingcompanymustbeheldforaminimumofthreeyearstoretaintheEISreliefs

available.• TheinvestmentsmadebyFirstEditionEISareinunquotedcompaniesandassuchtheyarelikelytobemoredifficulttosellthanshareholdingsinAIM-quotedcompaniesorcompaniesonthemainLondonStockExchange.

• Taxlegislationissubjecttochange,andthespecificreliefsofferedbytheEISmaybewithdrawnoralteredatanytime.• First Edition EIS invests in companies that Edition believe qualify for inclusion in an EIS portfolio. If an investee company fails tomeet therequirementsofEISlegislation,EIStaxreliefsthathavealreadybeenclaimedmaybewithdrawnandaninvestormayhavetorepayrebatedtax.

this document is a financial promotion issued by edition capital investments in accordance with section 21 of the financial Services and markets act 2000 and an advertisement as described in the Prospectus rules of the financial conduct authority (‘fca’). edition capital is the trading name of edition capital investments limited which is authorised and regulated by the fca, frn 747132.

Their track record includes:

•ImpresarioFestivalsplc: The Edition team members led on the fundraising for Impresario Festivals plc (‘Impresario’) (£9 million EIS fundsraisedintwotranchesinthe2012/13and2013/14taxyears)andhavebeenactivelyinvolvedintheoperationalmanagementofImpresariooveritsinitial4yearsoftrading,includingmanagingallinvestmentsandacquisitionsforthegroup.On5thOctober2016,Impresario announced that it had sold its assets to media and entertainment group Global in a multi-million pound deal – a process managedbyEdition.Thisequatestocurrentshareholdervalueofbetween£2.10and£2.20pershareonaninitialofferpriceof£1.

•CreamGroup:TheteamworkedwiththeCreamGroupfor10years,developingthebrandbeforeitssaletoLiveNationgeneratinga9.1xreturnoninvestment.

•19Entertainment:PaulBedfordwasFinanceDirectorforfouryearstakingthebusinessfrominvestmenttoasaletoCKXfor£100m.

•SPZGroup:PaulBedfordplayedakeyroleinmulti-million-dollarassetsalesandacquisitionsincludingthesaleoftheinterestinSeal,duringhis10yeartenureasFinanceDirector.

TRACk RECORd

Withover50years’combinedexperienceandwiththemembersoftheteamhavingmanagedandadvisedoninvestmentsexceeding£250m(includingover£120mofEISandVCTinvestments)Editionareaninvestment team that is uniquely placed in today’s media and entertainment space.

Why inVEst With Eis• 30%IncomeTaxRelief on up to £1 million subscribed per tax year• CapitalGainsTaxDeferral on the sale of a previous investment • Tax-freegrowthoninvestment if held for at least 3 years• InheritanceTaxRelief on investments after 2 years • LossRelief up to 45% of the net amount invested

ram capital Partners llP4 staple inn, london WC1v 7Qht: +44 (0)20 3006 7530e: [email protected] www.ramcapital.co.uk

For iFA EnqUiriEs

edition capital investments limited14 gray’s inn road, london WC1X 8hnt: +44 (0)20 3145 1851e: [email protected]

First Edition Eis is MAnAgEd by Edition capital investments

for further information and CoPies of the information memorandum Please ContaCt: