Share Cost
Breakdown..
All shares include
bloodstock and keep fees for 12 months from date of purchase or your
chosen start date.
Bloodstock fees
equate to share of the horse for its racing life (subject to share
renewal fees being paid). When the horse retires from racing he/she
will return to Nuppend for re-training and re-homing at no cost to
the shareholder and the share will expire with no future commitment.
Future annual keep
fees are fixed and guaranteed at the following rates (horses move to
next level from October each year):
|
Horse Age |
Initial
Gold
Bloodstock_Fee |
Gold Keep_Fees |
Gold
Share_Price |
Initial_Platinum
Bloodstock_Fee |
Platinum Keep_Fees
|
Platinum Share_Price |
|
Foal |
£100 |
£50 |
£150 |
£1000 |
£450 |
£1450 |
|
1 year old (Angel) |
£100 |
£150 |
£250 |
£1000 |
£1350 |
£2350 |
|
Racing
Age (ie Rosie/ Bullseye) |
£175 |
£250 |
£425 |
£1750 |
£2250 |
£4000 |
Example Share Ownership
Costs....
An example of
Gold share costs over 4 years are as follows:
August 2006 (foal) - Purchase share in a foal for £150
August 2007 (now a yearling) - Optional renewal fee to extend the
ownership by 12 months for £150
August 2008 (now a 2 year old and racing) - Optional renewal fee to
extend the ownership by 12 months for £250 for
Gold
August 2009 (now a 3 year old and racing) - Optional renewal fee to
extend the ownership by 12 months for £250 for
Gold
At all times you have no obligation to renew the share and are
free to walk away without any future financial commitment, though if
share is not renewed at anniversary we will make the share for
resale via Racing Shares website.
An example of
Platinum share costs over 4 years are as follows:
August 2006 (foal) - Purchase share in foal for £1450
August 2007 (now a yearling) - Optional renewal fee to extend the
ownership by 12 months for £1350
August 2008 (now a 2 year old and racing) - Optional renewal fee to
extend the ownership by 12 months for £2250
August 2009 (now a 3 year old and racing) - Optional renewal fee to
extend the ownership by 12 months for £2250
At all times you have no obligation to renew the share and are
free to walk away without any future financial commitment, though if
share is not renewed at anniversary we will make the share for
resale via Racing Shares website.
Nuppend Horses Prize
Money Allocation...
There are 52 shares available in
each horse (50 Gold & 2 Platinum).
Both share types come with
guaranteed tickets when the horses are racing.
To keep the Nuppend Gold shares very
affordable the prize money for the no prize money allocation for these shares will be
donated to charity and the retirement costs of any Racing Shares
racehorse as per the standard Silver share formula and the remainder
will go towards racing costs.
Each Gold with prize money share is entitled to 1% prize money won by the horse in
the 12 month period of the share and will be paid at the anniversary
of the share.
Each Platinum share will be paid 10%
of any owners prize money awarded within 30 days by cheque from our
Weatherbys account.
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