Buy your own shares in The Racehorse
OUR VISION
“Our vision is that the Racehorse will thrive as a community owned pub, run for the locality. The community will have a say in the direction and the values of The Pub and our offering will be attractive and accessible to everyone in the community”.
Please join us!
SHARES at a glance
You are investing in Westhall Community Pub Limited (‘WCP’) through the purchase of Community Shares.
WCP, a Community Benefit Society, has been established to purchase (completed in 2022) and keep open The Racehorse Inn (Westhall) for the benefit of the community.
Shares issued are Community Shares and are interest-bearing and withdrawable under certain conditions.
Shares will have a nominal value of £25 each and the minimum investment is 1 share (£25) with a maximum of 800 shares (£20,000).
Shares can be purchased by individuals, companies and other corporate organisations.
Membership will be one member, one vote – regardless of amount invested and buying a share makes you a member of the Society and gives you the right to vote at the AGM on important decisions regarding the pub.
Projected return: Annual interest payments – these are made at the discretion of the management committee and Government legislation states interest cannot exceed the higher of 5% or 2% above the Bank of England Base Rate.
HOW TO INVEST
If you think that you would be interested in becoming a member of WCP and investing in the Society, please read the Share Prospectus and Business Plan (these were produced for our main Share Offer in 2021, so are now a little dated, but they should still give you an insight into our business).
Our Society Rules are also available for you to read.
Then please complete the online Share Application form below OR download, print, complete and return this Share Application form (pdf).
Thank you!
If you have any questions please contact us via the website or call us on 01502 575665.
For further third party information on Community Shares please click here.