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A NEW SHARE IN LE HAVRE AND A SHARE IN SIYOUNI BOTH FOR SALE ON ARQANAONLINE.COM

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Bidding to start Monday 21 November at 3:00pm and 4:00pm respectively

Another sale of shares in high quality stallions will take place on Monday 21 to Tuesday 22 November on the online auction platform arqanaonline.com.

 

A share in Siyouni giving right to two nominations in 2017

Bidding will kick off at 3:00pm with a share in SIYOUNI, which will entitle its purchaser to two nominations in 2017. With only three crops seen on the track to date, Haras de Bonneval’s flagship sire has already proved himself and his popularity shows no signs of abating. He is the sire of three-time Gr.1 winner ERVEDYA, of the outstanding filly VOLTA, winner of the Gr.2 Prix de Sandringham this season and an abundance of Gr.3 winners including SPECTRE, SIYOUSHAKE, FINSBURY SQUARE, BOURREE, SOUVENIR DELONDRES etc.

He covered 224 mares in 2016 of which 87% are in foal as of 1st October, while his progeny sold for up to €400,000 at auction this season. His covering fee will be €45,000 in 2017.

This sale will close Tuesday 22 November at 3:00pm.

 

Conditions of Sale:

  • Each share is entitled to one nomination per year plus an extra nomination in 2017 and then every other year, until decided otherwise.
  • Shareholders amount to 81 nominations every year. The proceeds of all extra nominations sold are distributed among the 50 shareholders in relation to their respective shares.
  • Keep, management and marketing costs are taken care of by the Aga Khan Studs, which manage the syndicate.
  • Mortality insurance for each share is the responsibility of each shareholder.
  • Sales of shares are subject to a pre-emption right by the current shareholders, with a validity of 30 days, except in the case where the purchaser is already a shareholder.
  • The share is sold with VAT applied at a rate of 10% (recoverable for buyers who are VAT registered in UE countries).

 

A new share of Le Havre also entitled to two nominations

An hour later, Monday 21 November at 4:00pm, the sale of a share in France’s champion sire elect Le Havre will start.

The flagship sire of Haras de la Cauvinière has the rare merit of having already produced two dual Classic heroines: AVENIR CERTAIN and LA CRESSONNIERE. These champions are among other prominent Group winners such as AUVRAY, SUEDOIS, ZGHORTA DANCE, QUEEN BEE, etc. Le Havre covered 189 mares in 2016 of which nearly 90% are in foal.

Le Havre’s progeny has rapidly caught the buyers’ eye at the sales. At the 2016 ARQANA August Yearling Sale, 100% of the 11 colts and fillies on offer sold at an average price of €140,000.

His 2017 service fee will be €60,000.

The sale will close at 4:00pm Tuesday 22 November.

 

Conditions of Sale:

  • Each share gives right to two nominations per year.
  • Share and breeding rights holders amount to 108 nominations every year. The proceeds of all extra nominations sold are distributed among the 50 shareholders and one every two years following.
  • Management and keep fees amount to €200 per year and per share, and marketing costs to €600 per year and per share.
  • Mortality insurance for each share is the responsibility of each shareholder.
  • Sales of shares are subject to a pre-emption right by the current shareholders, with a validity of 30 days, except in the case where the purchaser is already a shareholder.
  • The share is sold with VAT applied at a rate of 10% (recoverable for buyers who are VAT registered in UE countries).

 

Registration for the two sales are now open on www.arqanaonline.com

 

A health certificate for each stallion is available and will be renewed immediately after the sale.

 

For further information: www.arqanaonline.cominfo@arqana.com