Page 10 - V4.7 Share Offer Document FINAL
P. 10
THE OPPORTUNITY (Cont'd)
Member / Investor benefits and further participation
As an investor and member of Awesome Energy, you will be entitled to:
receive interest on your shares, with a target interest rate of 4% (gross) per
annum, payable after the 2017/18 AGM, held in April 2019 and annually
thereafter
withdraw some, or all, of your share capital, subject to terms and conditions
receive copies of the annual accounts, reports and notices of meetings
call for a general meeting with the support of other members
attend, speak at and submit resolutions to general meetings of all members
stand for election to the Board of Awesome Energy
vote in elections for Board members and on other important decisions,
including rule changes
inspect Awesome Energy's register of members and officers
contact other members and officers about matters to do with the society
resign as a member
It is expected that the Scheme will generate £1.9m of Community Benefit over 20
years. This will start modestly in the early years at around £10,000 and rise
steadily thereafter
The share offer opens on 15th September and closes on 24th November, 2018.
However, the Board of Awesome Energy reserves the right to extend the deadline if
the amount raised is close to our desired target, or to close early if the desired
amount has been raised.
Page 10 Awesome Energy (Dalriada) Ltd
Community Benefit Society No: 7240