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Flo's - the Place in the Park

Community Shares Offer - Closed

£250 minimum

Flo’s – The Place in the Park will be a community owned and managed hub, providing year-round welcoming space for children and adults of all ages in the heart of Florence Park.

Flo’s will connect children and adults of all ages with each other and with nature through healthy food, through outdoor play and learning. Flo’s will be a place where we look after our environment as well as each other.

Key facts

Offer status OPEN
Product Withdrawable Shares
Offer opened 16th April 2018
Offer closes 18th June 2018
Location of project Oxford
Updates

 

Offer price, per share £1
Minimum investment amount £250 (£100 for residents of OX4)
Max. investment amount £25,000
Min. raise for offer to proceed £10,000
Maximum raise £50,000
Interest 2% per annum

Community Shares Booster Programme

Ethex is pleased to let you know that Flo's application to the Coop Share Booster Programme was successful. This means that Coops UK, supported by Power to Change, will match fund investment from individual investors, pound for pound, up to the target of £50,000. Flo's is still keen to offer shares to individual investors, but this award means that Coops UK will make up any shortfall if it does not reach its target by the closing date of the offer.

As part of the application process Flo's share offer and other documentation was successfully assessed for the Community Shares Standard Mark.

Offer document

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 should be read.

Business Plan

Before applying for shares the whole text of the accompanying business plan should be read.

Paper Application Form

 If you would prefer to apply for Flo's Shares using a paper application form please download and print off this form, fill it in and post to Ethex.

Booster Fund - investor update

 Investor update on Flo's successful Booster Fund application and being awarded the Standard Mark

Financial performance

The target interest rate is 2% per annum which will accrue from the day that the share certificates are issued. Interest will be paid out annually upon approval of the Board, as long as the funds are available. The first interest payment will be made one year after the date that investor certificates are issued.

Social performance

Flo's will house a nursery providing 24 affordable childcare places, open for the duration of the working day.

Share offer

Learn more about key aspects of this share offer

Business profile

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

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.

Offer Closed

Read More

 As of the 18th June this offer is now closed.

Need help?

The Ethex team are here to help from 9am to 5pm

https://www.ethex.org.uk/savings--investments_16.html

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