Buy A Share

£50.00

For just £50 – the cost of one share – you can join us and have a say in our future. Your investment will help us with a range of interesting projects and you’ll get a 15 per cent discount on all our courses.

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Join Us!

For just £50 – the cost of one share – you can join us and have a say in our future. Your investment will help us with a range of interesting projects and you’ll get a 15 per cent discount on all our courses.

What are community shares?

Community shares are a unique form of share capital, also called ‘withdrawable shares’, which can only be issued by co-operatives or CBSs registered with the Financial Services Authority. They can only be withdrawn from investment subject to the terms and conditions of the society concerned. This makes them different to ‘transferable shares’; issued by companies that can be bought and sold on the stock market.

Why should I invest? What do I get?

There are a number of individual benefits to becoming a shareholder. Every investor will be a member and co-owner of Sacred Earth and will get a stake in key decision-making – e.g. deciding who is on the management committee and on resolutions at our AGM. In effect, you will have real say in what the organisation is able to achieve. Under the law governing CBSs, regardless of how much you invest, everyone has one vote. We believe this fits our ethos perfectly, because all investors will be equal in their desire for our community to prosper, regardless of how much each can afford to invest. A decision about whether to allow shareholders to withdraw their capital will be made after five years. This will depend on the financial health of the organisation at that time. The management committee will also decide whether to add interest to the withdrawal amount, for the same reason. Should they be possible, withdrawals will be allowed on a first-come-first served basis. Members will be required to give three months’ notice of their request to withdraw capital. We will not release more than 10% of the total share capital per annum. Business performance projections give the current management committee confidence that they will be able to allow withdrawals after five years of trading as a CBS. They also believe that this time frame provides an excellent opportunity to significantly lower the costs of their borrowing as a society, to achieve greater social benefit for the local community.

How much does a share cost? Can I buy more than one?

The minimum price is £50 (one share), because this is an investment proposal in a community business – not a donation to a good cause. There’s also a cost involved in processing each investment every year, so we can’t set the bar too low otherwise it’ll end up costing us more than we receive. CBSs are set up to prevent share capital from being withdrawn at an unsustainable rate. In practical terms this means we will require 180 days notice in order to release your share(s). There will also be a set limit to the amount of share capital we release over a 12-month period. It’s important to note that you may not be able to withdraw your shares if we do not have sufficient funds available at the time you wish to withdraw them. We are currently envisaging that the business side of the organisation will be profitable within five years, after which time withdrawal of share capital will be much more sustainable.

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