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Co Cars

Co Cars 2020 Share Offer

£250 minimum

Key facts

Offer status OPEN
Product Withdrawable Shares
Investing in Low carbon shared mobility
Offer opened 11th February 2020
Offer closes 30th April 2020
Location of project(s) Exeter

 

Offer price, per share £1
Minimum investment amount £250
Maximum investment amount £100,000
Min. raise for offer to proceed £100,000
Optimum raise £600,000

Financial performance

Co Cars expects to pay 5% interest annually. Interest will accrue from 01/08/2020, with interest being paid on an annual basis no more than 90 days after the end of the calendar year.  Withdrawal requests can be made 18 months after the offer closes.

Social performance

Co Cars is looking to extend its membership from 1,600 users to 5,000, taking an additional 150 private cars off the roads of Exeter and consequently removing 149 tonnes of CO2 from the city's atmosphere each year. It will help tackle congestion and pollution in a rapidly growing city whilst giving everyone affordable access to the latest low carbon transport.

  

Share offer

Learn more about key aspects of this share offer

Business profile

Aims, social and financial performance, and how it's run

Offer document

Nomination Form

The information on this website is only a summary of the offer document.

Before applying for shares the whole text of the accompanying share offer document and business plan should be read.

IMPORTANT INFORMATION FOR PROSPECTIVE INVESTORS

If you are in any doubt about the information on this website, the content of the accompanying prospectus or the action you should take, you should immediately consult a person authorised for the purposes of the Financial Services and Markets Act 2000, who specialises in advising on investment in shares and other securities.

Prospective investors should be aware that the value of the shares, which will not be quoted, cannot go up, but can go down. In addition, there is no certainty that investors will get back the full amount they invest.

£157,15626%
Applied for to date, of
£600,000 target

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