As of the 1st May 2013 our shares sale is now closed. Thank you to our supporters, and looking forward to the next step of the project.
We have raised £42,650 in shares capital (from 501 shareholders) of our ambitious target of £50,000 from shares.
£42,650 85% £50,000We have raised £62,650 towards our overall target of £200,000 which we hope to raise through lots of funding raising events and from larger sponsors who share our vision.
£62,650 31% £200,000Now our shares launch is closed we will need to take some time to take stock of all the incoming orders and revise our final total which with 501 shareholders is going to take us quite a while.
[The Bevy] Important news
Firstly we have some important news!
We have extended our share issue until 30th April 2013. We have over 350 members and raised £10,700 in cash since our launch. A fantastic achievement BUT not nearly enough to start building yet. We deliberately kept shares cheap to be inclusive. But if you can afford more please do.
Seed Enterprise Investment Scheme
Because we are eligible for this amazing tax incentive anyone who is a tax payer spending a £100 or more on shares can apply for HALF of their investment back through the Seed Enterprise Investment Scheme. Contact us for more details.
Share Certificates
Some people have asked why they have bought shares but received nothing in the post. We will not issue certificates until we have enough money in the bank to start our project.
This money is kept in a separate bank account and if the pub does not open people will receive a full refund (you can read about our rules and regulations in our prospectus).
Investors
We have been targeting larger investors and supportive businesses to get them on board. If you know anyone who might be interested get in touch with us!
Door Knocking
Fancy being part of our street team, talking to the residents of Moulsecoomb, Bevendean and Bates to tell them what they would be missing if we don’t make The Bevy a reality!
And finally
‘The Bevy’ is really so much more than a pub – it’s a sustainable building and a self-financing project, offering jobs, training and volunteer opportunities to all local people.
A community ‘hub’ where people can meet, eat, drink and relax and buck the trend of 18 pubs a week closing.
If we pull this off, it will be a beacon of what can be achieved by people doing it for themselves and turning passion into action.
So tell all your family, friends and colleagues to buy some shares and invest in something unique –together we can make the Bevendean a reality.
Prospectus
You can download our prospectus and other documents including our full business plan in our documents section.