|Investing in||Community Owned EV Charging|
|Offer opened||20th April 2020|
|Offer closed||26th May 2020|
|Location of project(s)||Cumbria & Lancashire|
|Offer price, per share||£1|
|Minimum investment amount||£100|
|Maximum investment amount||£15,000|
|Min. raise for offer to proceed||No minimum|
|Tax relief available||SEIS|
Charge My Street expects to pay 2% interest from 2023 rising to 5% from 2025. Withdrawal requests can be made 3 years after the offer closes and shares have been issued. Shares in Charge My Street are eligible for SEIS tax relief giving a 50% tax relief on monies invested.
Please note that the totaliser includes an amount of £18,150 that was invested directly with the Society prior to the launch of the share offer on Ethex.
Charge My Street is looking to extend its network of community owned EV charge points across Cumbria and Lancashire, installing at an additional 100 sites where they are needed the most by local residents. Lack of charge points are a major barrier to the adoption of electric vehicles. Charge My Street want to drive adoption by giving everyone access to a chargepoint within a 5 minute walk of their homes.
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 and accompanying business plan.
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 26th May 2020 this offer is closed.
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