Shareholder News

This page will give shareholders general information about the company. As a shareholder, you will receive mailings that will not be published on this website.
Our preferred method of communication is by email, because of the cost, but all official correspondence will be posted to the primary shareholder's address.

We are now planning our grand opening, no dates yet but it will be in September or October.
Our first AGM is also on our minds and it will be before the end of the year.

We are operating a waiting list for people who are interested in investing in this project, if you know someone who would like to be added to the list they need to contact the Secretary.

We have received advanced assurance from HM Revenue and Customs that our share offer will qualify for the Enterprise Investment Scheme (EIS). HM Revenue and Customs describe the income tax relief:
This is available to individuals only, who subscribe for (although this can be through a nominee), shares in an EIS qualifying company. There has to be a minimum investment of £500 worth of shares in any one company in any one tax year. The relief is 20% of the cost of the shares, to be set against the individual’s income tax liability for the tax year in which the investment was made. We can not claim the EIS status until the scheme has been generating electricity for 4 months. This means we can not issue the EIS3 tax relief certificate to you until 2009 at the earliest.

See HM Customs and Revenue for more details.