Investor Blog

10% Share Bonus Offer – Explanation and Terms & Conditions


The 10% Share Bonus Offer rewards the first 25 investors in a new equity crowdfunding campaign with bonus shares in the company raising funds.

 

For example, if you decide to invest €1,000 in Altach BioMedical and their share price is (say) €4 you would ordinarily receive 250 shares.  

 

With the 10% Share Bonus Offer, you would receive an additional 25 shares at no cost to you.  

 

In total therefore, you would receive 275 shares for your investment of €1,000.

 

The maximum ‘value’ of the bonus shares per investor is €500.  To receive this maximum of €500 you would need to invest €5,000, and any amount above €5,000 you invest would not qualify for any additional bonus shares.  

 

The following Terms & Conditions apply to this 10% Bonus Offer:

 



Terms and Conditions - Investor Bonus Shares Offer


These terms and conditions ("Terms") apply to the Investor Bonus Shares Offer ("Offer") provided by Slua Ventures, t/a Spark Crowdfunding, a private entity incorporated under the laws of the Republic of Ireland.  




1. Eligibility:

  • The Offer is open to private investors aged 18 years and above.


2. Offer Period:

  • The Offer is valid from 1st April 2024 to 31st July 2024.


3. Bonus Shares Calculation:

  • Investors participating in the Offer will receive a bonus equal to 10% of the invested amount in the form of additional shares.
  • The bonus shares will be calculated based on the total investment amount during the Offer Period.


4. Investment Limits:

  • The minimum investment amount to qualify for the Offer is €100.
  • There is no maximum limit for the investment amount eligible for the bonus shares, but the maximum bonus amount per investor is €500 worth of shares.  


5. Bonus Shares Allocation:

  • Bonus shares will be allocated within 14 days after the completion of the Offer Period.
  • The allocation will be based on the closing date valuation of the company.


6. Company Eligibility:

  • Bonus shares may only be issued in the same company in which the investment was made.


7. Rights and Restrictions:

  • Bonus shares carry the same rights and restrictions as regular shares issued by the company.
  • Investors will have the right to dividends and voting rights associated with the bonus shares.


8. Refund Policy:

  • All investments made during the Offer Period are final, and no refunds will be issued.


9. Offer Amendments:

  • Spark Crowdfunding reserves the right to amend or terminate the Offer at any time without prior notice.


10. Governing Law:

  • These Terms are governed by the laws of the Republic of Ireland, and any disputes will be subject to the exclusive jurisdiction of the courts in the Republic of Ireland.


11. Acceptance of Terms:

  • By participating in the Offer, investors agree to be bound by these Terms and any additional terms and conditions provided by Spark Crowdfunding.


12. Contact Information: