We cannot own yoga... ...we simply borrow it from humanity. As yogis we should try to give it back at a later date ...

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The Yoga Exchange, ( YogaEx^™ )

The current price of European Yoga Network shares traded on YogaEx is: £ TBA

About...

YogaEx^™ is a simple matched bargain market for use by members only. It is not open to members of the public. Please read the IMPORTANT NOTICE / Disclaimer, (below).

Why?

Part of the reason for setting up as a community interest company was to provide a legal structure to allow people to get in and out of investing in the network really easily – without us having to sell the company or any property, (like retreat centres) that it may eventually own.

Members are able to join and leave the project, without any major negotiations with other shareholders.

People can just sell their shares, which will avoid continuity problems caused when there is a single owner, or close ownership of the property shared by only a few people.

Shares in small, ethically oriented companies are not really suitable for trade on large, formal stock markets. So, the ability for members to sell their shares is quite restricted - unless they know of someone else who wishes to buy the shares from them.

It is expected that trading at YogaEx™ will develop over time.

What this means is that, although there will be a market for them, and yet it is likely to be appropriately unappealing for the more commercial investors such as venture capitalists.

How do I benefit ? (Members only)

The minimum investment to qualify for membership is just £1, and the maximum is currently £3,000p.a. This is to encourage a more diverse and dynamic membership - based on values other than just monetisation.

Further payments, either within a particular membership package - or upgrades can be made in a number of different ways online, without any charge or fee. Upon allotment, all shares are issued fully paid up in respect of their nominal value and no share is issued at a price greater than its nominal value.

The amount can be made up in cash, or cash equivalents - or for work undertaken - or in exchange for goods or assets, or a mixture of all of these.

What about the future of the Scheme ?

We are in communication with HM Revenue and Customs about the various tax implications of this scheme, and our ongoing statutory obligations in relation to the schemes administration.

Forms available

-- EuropeanYogaNetwork - 14 Apr 2010

Seller Declaration - Form to Sell Shares in the European Yoga Network

IMPORTANT NOTICE: YOGA NETWORK C.I.C. wishes to make the following statement to prospective members about the nature of membership subscriptions:-

Any communication, invitation, offer or inducement about membership of the European Yoga Network is likely to include financial promotion about an offer of shares in YOGA NETWORK C.I.C. - the world's first and only Yoga community interest network. Any offer may be made only to regular users of websites owned by YOGA NETWORK C.I.C., our existing customers, and our suppliers who have shown an interest in working together, for the benefit of the european Yoga community, as set out in the Official Declaration and our Memorandum of Association. Any such offer made is exempt from the Financial Services and Markets Act 2000. All reasonable care has been taken to ensure that any financial promotion undertaken by YOGA NETWORK C.I.C. is fair, accurate and not misleading. If you are in any doubt as to the suitability, or otherwise of this investment for you, you should consult a person authorised within the UK to give advice on investing in Community Interest Companies, (or, if resident in an EEA State other than in the UK, a person regulated to carry on investment activities in that EEA State). In the event of any query about our promotions, or for more infomation then please ContactUs. If you are considering investing in the European Yoga Network then you should regard your subscription primarily as helping us to meet our various social, ethical, spiritual and cultural (non-financial) objectives and only secondarily, (if at all), as a financial investment. Membership is intended to be for the longer term and the precise financial benefits from your membership are likely to vary. It may be difficult to sell or realise your investment at any time, or to obtain up to date and reliable information about its value or the risks to which it is exposed. Remember, as a shareholder in the event of YOGA NETWORK C.I.C. being wound up you may not get all, or any of your investment returned to you. You might not get back the amount you paid. However, your full liability cannot extend beyond the money you have paid to us.

Please see the KeyFeatures topic for more information.

The European Yoga Network is a trademark and business Identifier of YOGA NETWORK C.I.C. A Community Interest Company limited by shares. Registered in England and Wales No. 4859621. Florence Cottages, 5 Manor Road, Lower Moor, Worcestershire, England WR10 2NZ. VAT registration no. (GB) 903 8357 23