Key facts
| Offer status | CLOSED |
| Product | Deferred Shares |
| Investing in | Credit union |
| Offer opened | 1st July 2019 |
| Offer closed | 31st August 2020 |
| Offer price, per share | £1 |
| Minimum investment amount | £1,000 |
| Maximum investment amount | £180,000 |
| Min. raise for offer to proceed | no minimum |
| Maximum raise | £300,000 |
| Location of project(s) | London |
Financial performance
London Capital Credit Union has historically paid annual returns of 0% - 2%.
You should not invest in deferred shares if you are purely seeking a financial return. An investment in deferred shares is more akin to a permanent social investment or donation
Social performance
The credit union is a democratically owned and controlled co-operative, run by and for its members. Its primary objective is to encourage people to save for the future, as a way of avoiding the risks of excessive borrowing.
Business profile
Aims, social and financial performance, and how it's run
Offer document
Latest Annual Report
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.
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