EDGE_G_4 12-59-34_Layout 1 - The Tax Shelter Report

26 Edge Performance VCT plc
TRP 2009 Limited
In February 2010, the Company invested £1,000,000 in TRP 2009 Limited.
Paul Burger, who is the founding director and shareholder of the company, has more than 30 years’ experience within the
music industry, including as Chairman of Sony Music Canada, Chairman of Sony Music UK, President of Sony Music
Europe and, most recently, as founder of Soho Artists, a boutique artist management company representing both
mainstream and world music artists.
Qualifying Investments – D Share Fund
Challi Productions Limited
In April 2009, the Company invested £1,000,000 in Challi Productions. At the time, the Company committed to invest a
further £1,000,000, which was completed in October 2009.
Challi Productions Limited’s founding director, Jeff Golembo has spent over 25 years in the music and entertainment
business and was formerly Managing Director of MCA Records in the UK, having held senior business and commercial
roles at CBS Records in Paris, New York and London and Phonogram Records in the UK. He is currently on the Board
of Entertainment Media Research, a leading online music research company, and consults for a number of media clients
in the UK and Africa, where he is a partner in one of the largest independent music and entertainment groups in South
Africa.
With the benefit of an events licensing arrangement with AEG Live, Challi Productions has so far successfully promoted
the UK national tour of American superstar “boyband”, Backstreet Boys (November and December 2009), and
appearances by DJ superstar Tiesto (Summer 2010).
HTM Promotions Limited
In April 2009, £1,000,000 was invested¸ through a combination of equity and loan stock, in HTM Promotions Limited for
a 49.5% shareholding, with a commitment at the time to invest a further £1,000,000, which was completed in October
2009.
HTM Promotions Limited’s founding director, Paul Crockford, is an established artist management figure in the UK music
business, having also been a promoter. In 1976, he became the youngest ever university social secretary in the history of
the NUS, bringing acts as diverse as The Damned and Elton John to Southampton University. On leaving university, he
worked briefly as a tour manager, before joining Outlaw in 1980, promoting artists such as Genesis, The Police, Eric
Clapton, Tears For Fears and Dire Straits. At the same time, he took his first steps in artist management, looking after a
roster which included Level 42, Judie Tzuke and Teardrop Explodes. In 1987, he established Paul Crockford Management,
under whose guidance Level 42 became one of the most popular British acts of the 1980s, selling in excess of 20 million
albums. Paul has also been heavily involved in the Princes Trust, having promoted shows starring some of the world’s
leading performers, including Paul McCartney, Mick Jagger, David Bowie, Phil Collins and Tina Turner, raising significant
sums for the Trust. Paul is currently managing former Dire Straits frontman, Mark Knopfler.
To date, HTM Promotions has successfully co-promoted a number of events, including the 2009 UK national arena tour
by teen sensation Miley Cyrus, and Deadmau5’s appearance at Victoria Park in London in 2010.