SCHEDULE 3

SUBSCRIPTION MODEL/PAYMENTS

    1. TABLE OF THE RACING MANAGER FEES

      Horse membership (annual)

      Horse membership provides users on The Racing Manager with access to the bespoke data, media content and communication facilities to one horse within an ownership group.
      Access to additional horses, including those within the same ownership group, must be purchased individually through The Racing Manager.
      Each horse membership fee is charged once per annum. Discounts may apply.
      £40

      Horse Registration (annual)

      Registering your racehorse with The Racing Manager is the initial step required to gain access to our services and for other members to be able to access the horse’s data. Members can either request to join an Ownership Group or be invited by the Group’s designated manager.
      On completion of The Racing Manager registration by the Group Manager, the Horse Registration fee will be charged. The fee is charged once per annum and applies to each horse registered. Discounts may apply.
      £350

      VAT Service (quarterly)

      The Racing Manager’s VAT Service Team deals with HMRC directly on behalf of all registered owners wishing to claim back their racing-related VAT and who are registered under the Owners’ VAT Scheme.
      The VAT Service also applies to Syndicates and Partnerships who have registered a joint VAT number. For more information about this service, please contact The Racing Manager. The VAT Service fee is charged quarterly.
      Starting from £75

      The Racing Manager White Label Fee

      We can re-brand our services seamlessly onto a new or existing website domain for your Ownership Group.
      For more information on this service, please contact The Racing Manager. Restrictions may apply dependent on The Racing Manager’s suppliers.
      Starting from £1500

      Fractional Ownership Sales Commission (Introductory Fee)

      Any shares sold on The Racing Manager will incur an introductory fee of 4% of the sale value.
      4% of the sale value

      ICS Live Commentary & Results Service

      ICS Live commentary and results can be accessed at any time from the UK on dialling this number:

      08720100800

      13p per minute plus your telephone company’s network access charge
      Please note, all our prices are exclusive of VAT.
    2. The table of fees outlined above does not include discounts that may be applied at The Racing Manager’s discretion to Ownership Groups with a substantial number of either members or horses.