Any individual aged over 16 and resident in the UK, or any company with a registered office in the UK, can apply to become a member of Mustard Seed Property. Members have a direct say in how the organisation works and hands-on involvement is welcomed.
Directors are elected from the membership on a one-member one-vote basis at the Annual General Meeting. A member can, at any time, increase their shareholding. Members agree to be bound by the Rules of Mustard Seed Property, a copy of which is available on the Mustard Seed website.
The minimum shareholding is £250. The maximum shareholding is £100,000. There is no limit on the number of members Mustard Seed Property may have and no limit on the number of shares which may be issued.
Voting is on a one-member, one vote basis regardless of the size of shareholding. Where shares are held jointly, the first named person has priority. Investor members will be kept informed of Mustard Seed Property’s work through the Annual General Meeting, regular newsletters, annual review and social impact report.
Anyone can become a member of MSP whether they live in Cornwall or not. All that you need to become a member is to support the aims of the organisation and apply for shares via the Ethex website.