Next Meeting: 7:30pm, Thursday 24th May, White Swan, Outlane

BREAKING NEWS

NEW May Newsletter

vol 5 - Issue 9 - Holywell News (May 2018).pdf
File Size: 2213 kb
File Type: pdf
Download File

We're Getting Closer...

After 6 years of hard work, fighting 7 planning applications and 2 planning appeals, we are on the verge of putting pen to paper and completing the purchase of the Holywell Inn.

The sale is currently going through the legal process with our Solicitors, and we hope to complete the purchase in the next few weeks.

You can rest assured we will let you know when we have the keys!

So this is a perfect time to get involved and become part of the Holywell Community Pub.  Why not join up to the Share Issue, and invest in providing a Community Hub, run by the community, for the community!

For more information on the Share Issue, download the prospectus HERE, or contact Mark Stead, Facilities Manager on 07737 884679, or send your questions to hcplshareissue@outlook.com
In this months issue:
  • YES! We're still here
  • Is Kiki Dee really playing in Holywell Green?
  • ​So, what have we been up to?
  • 'Walk like a Panther' - The Movie
  • It's Festival Time!
  • So, What Next?

UPCOMING EVENTS

  • Quiz Night, Date and Venue TBC
  • An evening with Dr Sarah Jarvis, Date and Venue TBC
  • Holywell Music Festival, 29th June, 30th June, 1st July 2018, Bradley Hall Golf Club,

SHARE ISSUE UPDATE...

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We have had a real flurry of new subscriptions to our unique Share Issue over the past month, with now over 25 subscriptions being taken.  This may only be one quarter of the available subscriptions, but means that the Share Issue fund is growing by over £700 per month!

This regular income is such a positive message to give to funding bodies, it shows that we have a core of people committed to the venture, and have the necessary funds to service finance in the short term until the Holywell Inn is finally re-opened.

But ideally, we need more investors.  The more investors we have the more attractive our proposition looks to financial institutions.

These funds are held in a separate bank account, and they can only be used for the purchase and renovation of the Holywell Inn.  If we fail to secure the purchase of the building, the money will be returned in full to the subscribers.  There really is no risk!

So here is a summary of the Share Issue:
  • Share Offer - 120,000 shares at £1 to raise £120,000
  • Maximum of 100 share subscriptions - Any member can buy more than one subscription
  • Instalment based - £25 per month per subscription for 48 months
  • Target annual compensation - Up to 2% over Co-Op bank Base rate
  • Every member has an equal say, one member one vote

To become a member is very simple just download the Share Issue Prospectus HERE and read fully.  Complete the standing order mandate and return it to your bank. And that's it.

There really is no better time to join our unique Share Issue.   Download your prospectus and form NOW!

However, if you have any questions, don't hesitate to contact the facilities manager, Mark Stead by phone on 07737 884679 or by email at hcplShareIssue@outlook.com