|Offer opened||Sept 4th 2018|
|Offer closed||Midnight Oct 31st 2018|
|Location of project(s)||Bristol|
|Offer price, per share||£1|
|Min. investment amount||£250|
|Max. investment amount||£25,000 (indiv), £100,000 (orgs)|
|Min. raise for offer to proceed||£250,000|
Exchange have applied for a matching investment from Big Society Capital as part of the SITR Match Fund. Subject to passing BSC's due diligence, BSC will invest £100,000 in the share issue. This is investment is currently included in the total amount raised.
Please note that Exchange will continue to accept investment from individuals beyond the £300,000 target as the level of Big Society Capital investment can be reduced to accomodate more retail investment.
This share offer has Advance Assurance from HMRC to qualifiy their investors for Social Investment Tax Relief.
This means that eligible investors will be able to claim tax reliefs on the value of their investment:
Exchange Bristol expects to pay 3% gross interest yearly from 2021. The interest will be calculated annually and paid gross of tax and in arrears.
Exchange is hoping to secure its future by making improvements, that will ensure its continued contribution to the live music scene and wider culture of Bristol.
Learn more about key aspects of this share offer
Aims, social and financial performance, and how it's run
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.
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.
As of the 31st October 2018 this offer is closed
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