Join our Family, Become a Shareholder!
By becoming a shareholder, you can own a part of your favourite pub and have a say in its future.
For only £50 per share, you can vote at the Annual General Meeting, receive discounts on drinks, and have your name placed above the bar. You can also join the committee and have a say in the running of the pub - we are always looking for skilled shareholders to join the committee!
Complete and email your form to finance@antwerparms.co.uk.
Interest on Shares
If the Association makes a profit in a particular year, the committee may decide to pay interest on the shares. This needs to be approved at the Annual General Meeting.
The maximum interest that can be paid at present would be up to 2% of the base rate of the Bank of England. Shareholders may opt not to collect their interest, in which case the money will be used for community purposes.
A dividend of 2.5% was declared for 2016-17 but there was no profit in other years so no dividend was declared. The accounts of each year are prepared during the summer of the same year.
Selling Shares
The Association is not yet in a position to buy back shares. When funds are available, the Committee and the Annual General Meeting will need to approve rules. Shares may only be transferred on death or bankruptcy.
Benefits for Shareholders
Most shareholders are entitled to claim Social Investment Tax Relief off their Income Tax bill (please see the HMRC website).
If you hold 4 shares, you will be entitled to interest (see below).
If you hold 10 shares you will get a card to give you a 10% discount off drinks.
Holders of 20 or more shares are Patrons of the Association and are entitled to have a plaque over the bar.
Important information
A limited number of shares are available to the public. We may close the offer at any time.
Shares may only be transferred on death or bankruptcy.
Legal details relating to the Community Shares are contained in the Society’s Rules. This guide is based on those rules.