This website uses cookies

We use cookies and other tracking technologies to assist with navigation and your ability to provide feedback, analyse your use of our products and services, and assist with our promotional and marketing efforts. View our Privacy Policy

Mustard Seed Property

Mustard Seed Share Offer 2020

£250 minimum

Key facts

Offer status Open
Product Withdrawable Shares
Offer opened June 19th 2020
Offer closes September 30th 2020
Location of project(s) Cornwall

 

Offer price, per share £1
Min. investment amount £250
Max. investment amount £100,000
Min. raise for offer to proceed £150,000
Target raise £600,000

Financial performance

Mustard Seed Property expects to pay 4.5% gross interest annually, accruing from October 2021, with a first annual payment of 3.5% accruing from October 2020. The interest will be calculated annually and paid gross of tax and in arrears into your member's share account unless you opt for a cash payment.

Social performance

Since 2007 Mustard Seed Property has been having a direct positive impact on the lives of vulnerable people across the region. Mustard Seed Property is inviting you to take the opportunity to invest in this offer, which will help it to make space for vulnerable people to flourish in Cornwall and the Isles of Scilly.

Co-operatives UK (with funding provided by The Architectural Heritage Fund) has pledged a £50,000 investment to Mustard Seed Property’s community share offer, via the ‘Community Shares Booster Programme’. This innovative “match funding” is already included in the total funds raised towards the £600,000 target, to house vulnerable adults in Cornwall.

With additional match funding potentially available from funders, this means that for every £1 invested by the community from now on, Mustard Seed Property (MSP) will aim to secure a match investment of £1, to reach the target.

Corporate Finance Advisers - Resonance specialises in supporting social enterprises to prepare for and raise investment from values-aligned investors. Regulated by the Financial Conduct Authority (URN 588462).

Share offer

Learn more about key aspects of this share offer

Business profile

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

Share Offer document

Investment plan

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 and business plan should be read.

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.

£309,89651%
Applied for to date, of
£600,000 target

Need help?

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

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

Invest and save with Ethex to

make money do good

You can browse, compare and invest in a range of products on Ethex platform from bank accounts and ISAs to equity investments and charity bonds that offer a social/environmental as well as a financial return. All you need to do is get started...