|Term||31st October 2025|
|Offer opened||2nd December 2019|
|Offer closes||15th January 2020|
|Offer price, per bond||£1|
|Minimum investment amount||£1,000|
|Min. raise for offer to proceed||£100,000|
Interest Accrual Dates
Interest will accrue from a date 3 months after the bonds have been allocated and monies have been drawn down from Ethex by Solar for Schools. Funds are expeced to be drawn down monthly or as soon as £100,000 has been reached.
The offer expects to give investors 5% return, paid annually on the 31st of October. For the first interest payment on 31 October 2020, interest will be calculated pro-rata from the date at which interest starts to accrue.
Assuming the Solar for Schools CBS raises and deploys a total of £2m for school projects over the next 12 months, schools will see a financial benefit based on savings and income from the CBS of between £1.2m and £2.8m over the lifetime of their solar panel systems.
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 bonds the whole text of the accompanying bond offer document 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 bonds and other securities.
Prospective investors should be aware that the value of the bonds, 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 23rd December 2019 subscriptions are paused. The offer will re-open in 2020.
The Ethex team are here to help from 9am to 5pm
01865 403 304