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Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 31861
Experience:  Over 5 years in practice
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Do the sophisticated investor / high net worth / etc. restrictions

Customer Question

Do the sophisticated investor / high net worth / etc. restrictions apply to the contractor when a UK Ltd company offers them a deal involving work in return equity as per http://www.legislation.gov.uk/ukpga/2006/46/section/582 ?
Likewise do all the regulations regarding the provision of statutory warning apply in the situation where the shares are being purchased for work done, rather than cash?
Submitted: 2 years ago.
Category: Law
Expert:  Nicola-mod replied 2 years ago.
Hello,
I've been working hard to find a Professional to assist you with your question, but sometimes finding the right Professional can take a little longer than expected.
I wonder whether you're ok with continuing to wait for an answer. If you are, please let me know and I will continue my search. If not, feel free to let me know and I will cancel this question for you.
Thank you!
Nicola
Expert:  Senior Partner replied 2 years ago.
Hi thanks for your question. I am sorry you have had to wait for an answer. I have posted an answer to your original question.