HORSES

Share Price/Terms

This syndicate term lasts until 1 August 2021, with no commitment to continue at the end of the syndicate period.

This syndicate is divided into 200 shares and each share costs £250 (including VAT). There will be nothing extra to pay, no matter what costs are incurred during the syndicate period.

Maximum of 200 owners.

THERE REALLY IS NO OBLIGATION AT ALL AFTER THE INITIAL ONE-OFF PURCHASE!

 ‘Deva Racing Value’ horses have a set syndicate term, which usually lasts for approximately 12 months, although this can vary.

Towards the end of the term, owners will receive a report from the trainer and the Deva Racing team, specifying the horse’s prospects going forward and a recommendation on whether we believe the horse should continue into a further term, giving everyone the chance to renew for a further term.

The renewal price is very likely to be cheaper than the price paid to purchase the share(s) in the first instance, as owners will have already paid for their share of the capital of the horse. Therefore, the renewal price just includes the ongoing racing/training fees, management fees, insurance and VAT.