Frequently Asked
Questions

The Bonds are non-readily realisable, fixed interest, transferable, debt instruments issued by Azurite. The Bonds allow Bondholders to lend money to the Company in exchange for interest payments. The Bonds is due to pay a fixed rate of interest that does not change over its life. The original full face value of each Bond is due to be returned 3 years after it is issued. The Bond is secured on the assets of the Company and those it lends to. The Security Trustee holds the security on behalf of Bondholders pursuant to the Security Trust Deed. However, this does not guarantee a return for bondholders.

A subscription for the Bonds should enable you to potentially achieve:

a) a higher return than you are likely to receive from your bank account, which reflects the additional risk. Please see the Section headed Risk Factors to find out more about the risks associated with subscribing for the Bonds;

b) to potentially diversify your investment portfolio by investing in another asset class, if you do not already have similar debt instrument and have other investments;

bond terms with a fixed interest rate offering of 8%.

Individuals aged 18 or over or firms, trusts, and foundations based in the UK and other select overseas territories, except the USA.

You must pass any anti-money-laundering and due diligence checks that we run and be one of the following types of Bondholders:

• Existing clients of a financial advisor who is regulated by the Financial Conduct Authority;
• Persons who meet the criteria for being an elected professional client in accordance with the FCA’s Conduct of Business Rules (which are regulatory rules relating to investment advice) (“COBS”) 3.5;
• Persons who qualify as certified high net worth individuals in accordance with COBS 4.7.7;
• Persons who qualify as certified sophisticated Bondholders in accordance with COBS 4.7.7.

The terms of the Bonds are set to pay interest at a fixed rate of 8% per annum. Interest will calculated on a simple basis and paid to each Bondholder on the Redemption Date or repurchase of the Bond.

A fee by our compliance partner ‘Northern Provident Investments’ will be deducted from interest payments due to Bondholders. The fees payable are detailed in the Azurite Terms and Conditions. The fee will be at a rate of 0.5% per annum of the amount of Bonds subscribed for

Please refer to pages 12 of this brochure to see the investment process.

As soon as you have finished the investment process, you will be sent a confirmation of your subscription for the Bonds. Within 14 days, a copy of your Bond certificate representing your holding of Bonds will be available to view. You will be reminded by your investor relations manager when it is ready.

We can take £ Sterling or € Euro

Any amount of Bonds can be purchased, with a minimum payment of £100,000

Please read fully and carefully consider the section entitled Risk Factors.

Azurite (or Northern Provident Investment on its behalf) is responsible for ensuring that interest is being paid to Bondholders. Interest payments are paid directly into the Bondholder’s Account.

In the first instance of any concerns that you may have with the Company please contact our customer services team at info@azuriteproperty.com so that we can investigate your complaint fully. Please ensure that you include all of the following information: your full name and address, your investment details, what has happened / gone wrong, and how you would like us to put it right. A member of the team will acknowledge receipt of your email and will investigate the matter thoroughly before responding fully within five working days.

In the event you feel that we have not resolved your concern satisfactorily, you may be entitled to complain directly about the Company, or our compliance partner ‘Northern Provident’ (which has approved the Memorandum) for the purpose of FSMA 2000),the operator of the Client Account, directly to the Financial Ombudsman Service. For more detail on the Ombudsman and their eligibility criteria see their website.

The Company pays you a fixed rate of interest on the basis that, except in exceptional circumstances (see ‘What happens to my Bonds if I die?) your money stays invested for the whole of the agreed term. It is possible to offer Bonds for sale to other Bondholders via the Website. We will look at early redemption applications on an exceptional basis and will endeavor to help Bondholders where possible but it is important that you understand that you are committing your money for the term of the Bond you select. This is also covered in the Risk Factors section.

If you die while owning Bonds, your investment can be transferred to an authorised person acting on behalf of the estate. If you are acting on behalf of the estate of a deceased investor who owns Bonds, please email
mail@mgcs.co.uk

The Company has a right to redeem the Bonds prior to their Redemption subject to the payment of principal Interest outstanding on the Bonds up to their Redemption Date.

You have the right to cancel your investment account within 14 days after the date you receive the notice from us to confirm that you have had your application accepted. After this, you generally cannot get your investment back until the end of the term (see: Can I get my investment back early?). To cancel within the first 14 days, please email, telephone or write to Northern Provident Investments in accordance with the Azurite bond Terms and Conditions.