Update: 20.12.2017 - Extended Offer Period
Re: Extended Offer Period for the Resilient Energy Alvington Court Renewables Share Offer
The board of Resilient Energy Alvington Court Renewables (REACR) has agreed to extend the Offer Period for its Share Offer which features on the Ethex positive investment platform (www.ethex.org.uk/REACR2017). The REACR Share Offer will now close on 31st March 2018 (or earlier if the maximum target is reached).
The extension will allow more time for interested parties to consider the opportunity to become a REACR shareholder outside of the notoriously busy festive period.
In response to local requests, the society will also hold a drop-in session on the third weekend in January so that prospective investors have an opportunity to meet REACR directors and ask questions about the Share Offer in person. Further details available by emailing REACR@theresiliencecentre.co.uk.
As the REACR year end is 31st January 2018, the extended Offer Period will straddle two accounting years. For clarity REACR members will be eligible for a pro rata share of member’s interest from the accounting year in which their investment is made; as defined by the date their investment is allocated by REACR (following REACR approval of an allocation list prepared by Ethex and the transfer of associated payments to REACR from the Ethex client account).