DRACULA S-EIS INVESTMENT
INVEST IN THIS UNIQUE VISION OF
BRAM STOKER'S
DRACULA
WARNING
The content of this promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets involved.
Potential investors should always take professional advice before investing. You may not get back what you invest.
DRACULA
OUTLINE
Fluidity Films, the production company that made the EIS-financed feature film of Michael Morpurgo’s Private Peaceful, has acquired the option to a new script based on Bram Stoker’s Dracula set in the present day, as a predominantly low budget ‘found footage’ genre film.
As part of the funding for the film, the company is raising up to £150K through a tax-efficient Seed Enterprise Initiative Scheme (S-EIS), with a view to shooting Dracula in 2018. The film’s final budget is estimated at between £400-500K, depending on the involvement (or not) of other equity funds and/or UK film industry funding bodies.
The scheme has been assured by HMRC and is now open to investors.
Investors will retain an equity position in the film - unlike Fluidity Films' other S-EIS Development Funds, this is an investment in the film production, NOT just development. This means that the risks (and rewards) are potentially greater.
INVESTOR
BENEFITS
Qualifying investors will receive a reduction from their income tax bill of 50% of their original cash equity investment from HMRC. There is no CGT payable on profits from S-EIS investments
S-EIS shares in Dracula Films Ltd will sit pari passu with all other equity shares whether EIS or not, (if such shares are required).
Investors investing £5,000 or more will receive two tickets to an exclusive cast & crew screening of the film.
Investors investing £30,000 or more will receive two tickets to the UK premiere of the film.
After costs, debts and deferments (if applicable) are paid, equity investors will receive 100% of their investment back before the net profits are split 50/50 between all equity investors and the producers in the most tax-efficient way possible within the rules governing S-EIS investment. (NB that the producers are responsible for paying actors, creatives and executive producers (if any) ‘points’ from their share (the producers’ net)).
All investors in the Development Fund will join the team on the journey from development to greenlight; they will receive regular updates and be given the opportunity to meet the principal members of the creative team.
Please note that this is an unregulated investment and investors should read the IM carefully and take professional investment advice before investing.
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INVESTOR
MEMORANDUM