Alloa Hub Community Member Share
Alloa Hub
Community Member Shares are only available to individuals resident in Clackmannanshire and have a nominal value of £1. Community Member shareholders have important rights in the control of Alloa Hub Ltd, including voting on resolutions that are put to the members at general meetings and allowing the holder to stand for election to the board as a Community Director and to participate in electing Community Directors at the AGM. The majority of the Members and Directors of Alloa Hub Ltd must, at all times, be holders of Community Member Shares, this is required to maintain eligibility for various grant funds and community empowerment rights.
£1.00
Alloa Hub is an innovative and exciting opportunity for the community and forms part of wider regeneration work that will support local residents of Alloa and Clackmannanshire, and aims to bring in thousands of new visitors to the area.
Membership is open to any person (whether an individual, a corporate body or nominee of an unincorporated organisation) who completes an application for membership. All share applications are subject to acceptance by the Management Committee who may refuse membership at its absolute discretion. All prospective investors are advised to read the full terms which are set out in the Society’s Constitution as the rules of the Society. These are available from www.alloafirst.co.uk/alloahub.
Everyone who invests receives:
- A share certificate
- Regular newsletter updates
- Invitation to members-only events
- Discount in the shop for the first three years of membership.
The Community Shares Prospectus can be viewed at this link: http://alloafirst.co.uk/wp-content/uploads/2022/02/share-leaflet.pdf
Vendor Information
- Store Name: Alloa Hub
- Vendor: Alloa Hub
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Address:
Maple Court
Alloa
Clackmannanshire
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