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Prize Draw
Terms & Conditions

1. Promoter

The promoter of this prize draw is Caskcap Ltd, Sierra Quebec Bravo, 77 Marsh Wall, Canary Wharf, London. E14 9SH

2. Eligibility

- This prize draw is open to individuals aged 18 years or older, who are residents of UK and Ireland.
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- To enter, participants must:  
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   - Like the prize draw post.
   - Tag 3 friends in the comments.
   - Ensure that both the participant and their tagged friends are following @Caskcap.

- Employees of Caskcap Ltd, their families, and anyone professionally connected with the prize draw are not eligible to enter.

3. How to Enter

- The prize draw will run until midnight on 30th November 2024.

- To participate, follow the steps outlined in the original prize draw post.

- No purchase is necessary to enter or win.

- Each comment tagging 3 separate friends (and all 3 friends must be following @Caskcap on insta) counts as one entry. Multiple entries are allowed, but each tag must be a different 3 friends.

4. Prizes

The prize bundle for this competition is:

- An all-expenses-paid distillery tour for the winner and one guest. This includes transportation, accommodation (if applicable), meals, and distillery tour costs.

- A free cask of Irish whiskey from Caskcap Ltd. (The winner will own the cask and receive any growth received in the cask until disposed of).

- An iPhone 16.

Neither the Prize bundle nor the individual items are transferable, refundable, and cannot be exchanged for cash or other alternatives.

5. Winner Selection

- The winners will be randomly selected from all valid entries received by the closing date.

- The draw will take place on 1 December 2024 and winners will be notified via direct message on Instagram within 7 days of the draw.

- Winners must respond within 48 hours to claim their prize, or an alternative winner may be selected.

6. Prize Fulfilment

- The distillery tour must be booked and taken within 6 months of winning.

- The iPhone 16 will be sent within, 30 days of the winner confirming their delivery address.

7. Publicity

By entering this competition, participants agree to their name and Instagram handle being used in announcements of the winners and in future marketing activities.

8. General

-The promoter reserves the right to disqualify any entry that is incomplete, corrupt, or in breach of these terms and conditions.

-The promoter reserves the right to cancel or amend the prize draw and these terms and conditions if circumstances arise outside of its control.

-The promotion is not sponsored or endorsed by Instagram.

9. Data Protection

All personal data will be handled in accordance with Caskcap Ltd’s privacy policy, which can be found at www.caskcap.com

10. Governing Law

This prize draw and these terms and conditions will be governed by the laws of England and Wales, and any disputes will be subject to the exclusive jurisdiction of the courts of said jurisdiction.

Disclaimer

Important Information

Caskcap is a trading style of Caskcap Ltd (Company Number: 13327177).

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Unregulated Status
Caskcap Ltd is not authorised or regulated by the Financial Conduct Authority (FCA). Cask whiskey investments are unregulated in the UK, meaning they do not benefit from the protections offered by the FCA, the Financial Ombudsman Service (FOS), or the Financial Services Compensation Scheme (FSCS).

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No Financial or Tax Advice
We are not financial advisers or tax specialists. The information provided on our website and in our materials is for general information only and should not be considered financial, tax, or investment advice. We strongly recommend that you seek independent advice from a qualified financial adviser or tax specialist before making any investment decisions.

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Investment Risks

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  1. Price Fluctuation: The value of cask whiskey can rise or fall. Market performance is not guaranteed, and investors should be aware of the speculative nature of this asset class.
  2. Past Performance: Past performance is not an indicator of future results. Any projections or estimates provided are illustrative only and may not be achieved.
  3. Evaporation ("Angel’s Share"): Whiskey stored in casks naturally evaporates over time. An average annual loss of 2% in volume and alcoholic strength is expected under normal warehouse conditions.
  4. Costs & Fees: Additional costs may apply, including but not limited to warehouse storage, insurance, regauging, sampling, and bottling fees. Please speak to us for further details.
  5. Tax Considerations: If you choose to bottle your whiskey, duty and VAT will be payable before the whiskey is removed from an HMRC-licensed warehouse. It is the cask owner's responsibility to ensure compliance with tax obligations.

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Cask Management

  • Regular cask health checks are recommended every three years to monitor liquid levels and condition. Services such as regauging, sampling, and photography are available at an additional cost.

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For any questions regarding the cask buying process or any of the points above, please contact us.

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Disclaimer

CaskCap is a trading style of London Cask Co Ltd (Company Number - 13327177).

You must beCaskCap are not tax experts or financial advisers. If you need further clarification or advice on cask whiskey purchasing please contact your financial adviserand tax specialist.
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CaskCap is not a regulated entity and Cask Whiskey Investments are unregulated in the UK, therefore, any investment in Cask Whiskey is not subject toFinancial Conduct Authority (FCA), Financial Ombudsman Service (FOS) or Financial Services Compensation Scheme (FSCS) protection.

1. CaskCap are not tax experts. If you need further clarification or advice on cask whiskey purchase please contact your tax specialist or accountant.

2. We are not financial advisers, and the information in our brochure and on our website is purely to inform you about the nature of the whiskey industry so that you can make an informed decision should you choose to purchase a cask. We recommend you to speak to your financial adviser in the first instance.

3. The value of cask whiskey can go up as well as down. If you wish to speak to someone regarding the cask buying process or any points raised in this guide or our website, please don’t hesitate to contact us.

4. Past and current performance does not imply that future trends will follow the same or similar pattern. Projections stated may not be achieved. This is  an unregulated product and therefore investing in this asset does not afford the same protection as regulated products, any investment is, therefore, speculative.

5. If you wish to sample or bottle your cask. Please be aware duty and VAT will be due before the whiskey has been bottled and the finished goods are removed  from the HMRC or The Revenue licence warehouse. This remains the responsibility of the cask owner.

6. It is advisable to perform regular health checks on your cask every 3 years. Cask services are chargeable to the client, these include, regauging, samples  and photographs.

7. Certain fees may apply – Please speak to one of our consultants to find out more.

8. Casks of whiskey are subject to the "Angel's Share" which is normal evaporation under warehouse conditions. Expected annual loss of strength and volume is 2%.