Investing in hiyacar

Do I get shares in the company?

Yes, every investor will receive shares in hiyacar. The number of shares you receive will be proportionate to the amount that you invest. The final number of shares issued will be dependent upon the final number of investors and the amount of money raised.

Can I buy shares for my child/children or as a gift?

Yes! You’ll need to buy the shares in your name as investments in the UK can only be made by those over the age of 18, however, you can transfer the shares to someone as a gift once the investment has completed and you have received the share certificate.

What will you do with the money?

This round of investment will be used to accelerate our growth and fund our expansion into several new cities across the UK, growing the hiyacar community/

Can the shares I buy be traded / can I sell my shares at a later date?

We are a private limited company, and in common with all such companies, at present, there is no public forum for buying and selling shares in the company. Shares may be bought and sold by private arrangement, however, you must first offer them to other shareholders before transferring them to a single third party at your own expense.

Will there be any other incentives or tax relief?

Yes. Your investment would qualify for tax relief under HMRC’s Enterprise Investment Scheme. This means that you may be eligible to claim 30% of your investment back in the form of income tax relief. Your investment will also be exempt from capital gains tax and inheritance tax. You can read more about EIS here. Please note that EIS is only eligible to UK taxpayers and you should consult your tax advisor.

How will I make a return on my investment?

This is a long term investment in a fast-growing company. We anticipate that the value of your investment will increase over time, giving you capital growth. The main way that you can make money from your investment is by selling your shares for more than you paid for them.

We are a private limited company, and our shares are therefore not publicly traded at present. In the event of a future sale of the company, you would be able to sell your shares at that stage to the acquiring company. Alternatively, if the business grows to a point where the company management/further institutional investors offer to buy back, you are also likely to be able to sell your shares.

Disclaimer – Investments of this nature carry risks to your capital as well as potential rewards.

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