Privacy

Powerhouse Ventures Limited (“Powerhouse”) and its subsidiaries from time to time (“we”, us” or “our”) are bound by the Privacy Act 1993. This notice outlines how we collect and use your personal information and your rights in relation to your personal information that we hold.

What information will we collect?

You can access our website home page and browse our site without disclosing your personal information. We do not automatically log personal information nor do we link information automatically logged by other means with personal information about specific individuals.

The only personal information we collect about you is the information that you give us directly or through your authorised representative, or information that is publicly available.

The information we collect (including, without limitation, your name, physical address, email address, and phone number) will be information that is required under relevant legislation or that is needed for our business relationship with you.

We will also need to verify the information you provide for the purposes of the Anti­Money Laundering and Countering Financing of Terrorism Act 2009. If we cannot verify this information we will not be able to have a business relationship with you.

The information collected will be held by us and our third party share registry provider. You can contact us or the share registry at the address below.

Our website may contain hyperlinks to third party websites. We are not responsible for the content of such websites, or the manner in which those websites collect, store, use and distribute any personal information that you may provide. We recommend that you review the privacy policies of the third parties operating those websites.

What will we use your information for and when will we disclose it?

We will not use or disclose your personal information except as set out below. We may use your personal information:

  • to communicate with you, including providing you with investment information and opportunities from time to time; and/or
  • to process your application and service your needs as a shareholder (if applicable); and/or
  • in relation to our administration.

We will only disclose your personal information:

  • to our third party service providers so that they may provide services to us, including our market research providers, professional advisors, auditors, printers and other companies for the preparation, distribution of documents and handling mail; and/or
  • to government and regulatory authorities, if we in good faith believe we are required or authorised to, by law; and/or
  • to our related parties and the companies in which we invest (or may invest) for the purpose of those organisations providing information to you regarding developments within the venture capital industry or any information or opportunities that may be of interest to you; and/or
  • to other third parties, with your prior consent.

We will take reasonable steps to ensure that these organisations are bound by sufficient confidentiality and privacy obligations with respect to the protection of your personal information.

We will not sell, rent, or lease your personal information to third parties.

How will we store your personal information and for how long?

We take all reasonable steps to ensure that your personal information that we hold is protected from:

  • misuse, interference and loss; and/or
  • unauthorised access, disclosure and modification.

We will keep your personal information for as long as necessary to achieve the purpose we collected it for or, if applicable, for as long as we are required by law to hold that information.

When we no longer require your personal information, we will take reasonable steps to ensure that it is destroyed or de­identified.

What are your rights?

If we, or our share registry, hold personal information about you, you are entitled to access, change and update your personal information at any time. If you wish to do this, please contact our Privacy Officer (details below) or our share registry at www.computershare.com. We / our share registry will endeavour to respond to your request within five working days.

If we, or our share registry, refuse to correct such information, you may request a statement detailing the correction sought but not made to be added to your personal information.

Amendments

We may change this notice at any time and notify you by posting an updated privacy notice to our website.

Queries or comments

If you have any queries about our privacy notice or personal information that you have given Powerhouse, please contact:

General Counsel / Privacy Officer
Powerhouse Ventures Limited
Level 3, 2 Hazeldean Business Park, Addington, Christchurch 8024
Email:  secretarial@www.powerhouse-ventures.co.nz