Legal Notice
On 11 October 2023, Belvedere Leisure Resorts Plc (the “Company”) commenced proceedings in the English High Court against Apple Invest Limited (“Apple”). The Company subsequently obtained an injunction against Apple and its sole director, Mr Andrew Anderson on 23 January 2024. The proceedings and injunction concerned, amongst other things, Apple’s and Mr Anderson’s dealings with the two sites in Scotland subject to a joint venture agreement between the Company and Apple known as Barncrosh and Barnsoul and agreements that Apple had entered into with investors in respect of the same two sites.
We understand that Apple has now entered administration. The Company has been made aware that Apple and/or Mr Anderson may have entered into a number of purported contracts with investors on behalf of the Company. Mr Anderson has never been a director or employee of the Company and has no authority to enter into agreements on behalf the Company.
We also understand that Landal Belvedere Developments Ltd has recently written to investors in connection with the Barncrosh and Barnsoul sites. Landal Belvedere Developments Ltd is a company owned and controlled by Mr Anderson. It is not connected to the Company.
The Company’s investigations are ongoing and in the meantime should anyone have a query regarding an investment in respect of the sites known as Barncrosh and Barnsoul they should contact the administrators of Apple, Sandra MacAlister and Simon Barriball of McAlister & Co Insolvency Practitioners Ltd. Their contact details are via post: 10 St Helens Road, Swansea, SA1 4AW, telephone: 03300 563 600 or email via the contact us section of their website: www.mcalisterco.co.uk/contact
DISCLAIMER
The materials contained herewith are addressed to (a) “qualified investors” as defined in section 86 of the Financial Services and Markets Act 2000 (“FSMA“); and (b) either (A) have professional experience in matters relating to investments falling within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”) or who are high net worth entities falling within Article 49 of the Order; or (B) fall within the exemption in Article 50 of the Order as a certified sophisticated investor (meaning they are individuals that have a certificate in writing from an authorised person to the effect that they are sufficiently knowledgeable to understand the risks associated with an investment in shares and have themselves signed a statement in the terms required under Article 50 of the Order); and (iii) otherwise, are persons to whom it may otherwise lawfully be communicated (all such persons together being referred to as “Relevant Persons”). Any investment or investment activity to which these materials relate is available only to Relevant Persons and will only be engaged with such persons. If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this webpage. By remaining on this website you are confirming you understand and accept this disclaimer. All figures referenced on this site are subject to change and please keep in mind that the value of investments can go down as well as up.
Please note that Belvedere Leisure Resorts PLC is not authorised or regulated by the Financial Conduct Authority and as such is not permitted to offer financial or investment advice to UK resident investors, whether or not the intended investments are regulated or unregulated. We strongly encourage you to consult an FCA-authorised Independent Financial Adviser before committing to any form of investment. This is not an offer to participate in a collective investment scheme as defined in section 235 of the Financial Services and Markets Act (2000) and as such investors will not have access to the Financial Services Compensation Scheme or the Financial Ombudsman Service. The contents of this website are marketing materials and do not constitute property particulars for contractual purposes.