PPM redaction is the removal of personal identifiers from a placement memorandum used in a UK placing under the FCA Prospectus Regulation Rules. Those rules govern when an offer needs an approved prospectus. anonym.plus marks each principal and contact on your machine, so the offering terms stay whole while private data goes.
When this applies
The memorandum names principals, their backgrounds, and direct contacts. You trim those before the file circulates to prospective buyers.
How anonym.plus handles it
- Open the memorandum in anonym.plus on your device.
- Local OCR reads scanned bio and exhibit pages.
- The tool flags names, contacts, and identifiers.
- Keep the offering terms and risk disclosures.
- Swap or black out the confirmed identifiers.
- Save the clean memorandum locally.
What you need to provide
- The memorandum (PDF, DOCX, or scan).
- An operator (Replace keeps the terms readable).
- Optional name map for principals across drafts.
PII & financial identifiers detected
| Category | anonym.plus entity type | Example |
|---|---|---|
| Names | PERSON | principal D. Vance → [PRINCIPAL] |
| Contact | EMAIL_ADDRESS | deal@example.co.uk → [EMAIL] |
| Contact | PHONE_NUMBER | +44 131 496 0782 → [PHONE] |
| Identifiers | UK_NINO | principal NINO → [NINO] |
| Financial | UK_BANK_NUMBER | escrow acct → [ACCOUNT] |
| Location | LOCATION | office address → [ADDRESS] |
Compliance achieved
- Fits placings under the FCA Prospectus Regulation Rules.
- Keeps the offering terms and risk disclosures intact.
- Offline work keeps the memorandum confidential and local.
Anonymise placement memoranda offline — see plans & start free →
Limitations & cautions
A principal's detailed background can identify them even after a name goes. The tool flags named items; you review bios for unique clues. Trim distinctive details before circulation.
Frequently asked questions
Will the offering terms survive the pass?
Yes. Allow-list the terms and risk disclosures. Only personal identifiers are flagged for removal.
Can it read a scanned principal bio?
Yes. Local OCR reads the page, then flags names and contacts for review.
Does the memorandum leave my machine?
No. The app is offline, so the offering stays confidential on your device.