Hexagon
No monthly costsThere are NO monthly costs and there will be NO other requests for payment during the syndicate period.
GREAT GIFT IDEA! We can either post the welcome pack to the purchaser, or directly to the recipient.

Hexagon

Racehorse Syndicate

Buy a Share for £52 (inc. VAT)

Hexagon showed plenty of promise on his first three starts as a two-year-old, and won his fourth start at Ffos Las in excellent style. The son of Acclamation ended his juvenile season with a solid placed effort at Lingfield off a mark of 85. After this run, Hexagon was found to have a chip fracture in his right knee. This was successfully operated on, and Hexagon is currently rehabilitating well. Providing the vets continue to be happy, Hexagon should be able to return to training in the early part of 2020, ahead of a late spring or early summer return to the track, all being well. Hexagon was very progressive as a two-year-old, and the form of his races has worked out extremely well. On his second start, Hexagon finished second to Positive, who went on to win a Group 3 at Sandown. On his third start, he finished third to subsequent Listed winner, Pyledriver.

Trainer Roger Charlton is hopeful that Hexagon will continue to improve as a three-year-old and, given that he stayed a mile as a juvenile, it's likely that he will step up in trip in 2020. Versatile as far as ground is concerned, Hexagon will hopefully be capable of progressing again and adding to his one win and four placed efforts from just six starts so far.

This syndicate term lasts until 1 February 2021, with no commitment to continue at the end of the syndicate period. Please click here for full details of the end of term process.

This syndicate is divided into 4,000 shares and each share costs £52 (including VAT). View price transparency. There will be nothing extra to pay, no matter what costs are incurred during the syndicate period. The syndicate is subject to the usual 'Owners Group' terms and conditions. The current maximum number of shares that can be purchased by one person is 400 (10%).

  • The share price is £52. The full price breakdown is:
  • The capital cost for Hexagon is £75,000, which works out as £18.75 per share.
  • Our current management and service provision fee is set at £15.03 per share.
  • The all-inclusive racing/training cost is set at £8.75 per share.
  • The cost for mortality insurance is £0.65 per share.
  • The Racehorse Rehabilitation contribution is £0.15 per share.
  • The VAT is £8.67 per share.
  • There will be nothing extra to pay, no matter what costs are incurred during the syndicate period.

Hexagon Pedigree

Hexagon2017 { ACCLAMATION { ROYAL APPLAUSE
PRINCESS ATHENA
SOMERSET FALLS { RED RANSOM (USA)
DUNNES RIVER (USA)
Buy a Share in Hexagon for £52 (inc. VAT)
No monthly costsThere are NO monthly costs and there will be NO other requests for payment during the syndicate period.
GREAT GIFT IDEA! We can either post the welcome pack to the purchaser, or directly to the recipient.

What happens at the end of a syndicate term?

There really is no obligation at all after the initial one-off purchase!

All Owners Group 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 Owners Group 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, VAT and the contribution towards the Owners Group Horse Retirement Fund.

Owners are not obliged to renew their share(s) if they don't wish to, it's completely their choice. Once the syndicate term ends, any relinquished share(s) will automatically be released for sale and if those share(s) sell elsewhere, owners will receive the relevant share capital value of the horse, credited to their Owners Group account.

If a low number of owners decide to renew their shares, the syndicate may be re-structured (see Terms and Conditions), or the horse may potentially be sold. If a horse is sold, the net sale price will be divided by the number of shares in the syndicate and all owners will receive their share of the net sale price to their Owners Group account. If the syndicate does not continue into an extended period, any renewal payment for that new period, will be refunded.

Racehorse welfare is our top priority. If a horse has a setback in training or is deemed not to be fit enough to race for any reason, then the horse will rest until fit and ready. Our business also runs a not-for-profit organisation called Xracehorse Club, dedicated to the re-homing of retired racehorses. We are extremely passionate about the welfare of all of our horses, and will always endeavour to ensure that any horse retired from Owners Group is given a loving home, when they retire from racing.

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