The Co-operative is issuing new shares to provide long-term funding for the recently installed solar panels at St Paul’s Church Addlestone. At this stage, it looks like all the new shares will be taken up by Church members so we are not sending out invitations to apply for shares.
Details of the issue
The maximum investment offer is 13,500 shares at £1 each.
The Shares will have a target interest rate of 4.5% and are intended to be repaid over the life of the contract to supply electricity to the St Paul’s Church (20 years). The closing date for applications is 29th March 2021.
The offer document and application form are available below: