Subscription agreement

North Zambian holdings Limited (NZH)
A Company registered in England & Wales No 12233024

NZH owns 66.01% of Mungwi Farming Corporation Limited (MFC)

The Promoter

Commodity Research Management limited. A Company registered in the B.V.I  No 

Description of offer

Total number of NZH shares issued

11,000

Total number of shares offered

5,000 (45.45% of NZH)

Each share equates to

1.21 shares in MFC or some 1.625 hectares (4.01 acres)

Value of one share

$2000.00 (two thousand United States Dollars or equivalent)

Minimum Subscription

Twenty-five Shares

Application and payment

There are strict conditions relating to those who may subscribe for shares under this offer, please read these carefully and satisfy yourself before proceeding. The application may be made either electronically (By Email) or by post.

Download subscription form

By Email

  1. Print, complete and sign the subscription form.  
  2. Scan the signed subscription form and email to info@crmglobal.co.uk. 
  3. You should follow your application with the appropriate payment in respect of your subscription.  
  4. Once both your subscription and payment have been received you will receive an email acknowledgement. If you have not received an acknowledgement within three London banking days please contact us on either +44 1362 638343 or info@crmglobal.co.uk.  

By Post

  1. Print twice, complete and sign the subscription form.
  2. Staple or pin your cheque or bankers draft completed and signed for the appropriate sum to one copy and send, preferably by special delivery or signed for courier to the address below. Keep the other copy for your reference.
  3. Once both your subscription and payment have been received you will receive an email acknowledgement. If you have not received an acknowledgement within three London banking days please contact us on either +44 1362 638343 or info@crmglobal.co.uk. 

Value and currency of subscription

The offer is denominated in USD (United States Dollars). Subscriptions however may be made in any of the following currencies.

USD United States Dollars
GBP British Pounds Sterling
EUR European Euro
CAD Canadian Dollars
JPY Japanese Yen
SFR Swiss Francs
AUD Australian Dollars

Any subscription in any of the above currencies will be valued in USD at the HSBC prevailing exchange rate on the first Hong Kong/ London working day following receipt of cleared funds.  

Right of rejection

The Promoter reserves the right, at their sole discretion, to reject any subscription application.

Precedents

Before proceeding you are required to have read and understood the following Investor Qualification Criteria (IQC); you will be required to confirm your understanding of and compliance with such criteria.  If you are in any doubt of your compliance with such criteria you are advised not to proceed with any investment subscription without consultation and advice from a qualified independent investment advisor.

Investor Qualification Criteria (IQC)

Any investor must conform to the status of sophisticated and experienced investor (SEI) namely;

  1. They must have independently and directly (not as part of a fund or other regulated scheme) invested in any or all of the following for a period of at least five years; stocks, shares and bonds (listed or unlisted), commodity, equity or financial futures and/or any of their associated derivatives. 
  2. They may be an individual or a corporate or other legally construed entity. They must, if an individual, be of the appropriate age of majority in their national domicile or at least 21 years of age.
  3. They acknowledge that any investment in this proposal constitutes no more than 15% (fiveteen percent) of their investment portfolio and that they fully comprehend that the investment is illiquid, that the shares are not presently listed on any exchange and may be prove difficult to dispose of.
  4. They fully recognise the full risk and implication of unregulated investment in an unlisted security that the value of their investment may fall substantially, as well as rise.
  5. They understand and accept that the underlying investment asset is in an African jurisdiction and the country risk is outside the control of the promoter.
  6. They are not in breach of any regulation, national or otherwise, which might prohibit such an investment by the subscriber.
  7. That if a corporate or other legally construed entity they are qualified and fully authorised to enter into this subscription on behalf of such corporate or other legally construed entity.

Joint investment is not permitted, multiple investors must subscribe separately.

Privacy and UK General Data Protection Act, May 2018

Investor data will be listed in the register of shareholders of the company and held at Companies House in the United Kingdom. Such data is freely available.
The Promoters are bound by the above act and will not use or disclose investor data for any other purpose whatsoever.