The members (shareholders) of Littlehempston Community Pub Limited (LCPL) have voted overwhelmingly to reduce the price of shares in LCPL from £1,000 to £250 to allow a wider range of people to join the co-operative. Lots of people have expressed support for the campaign to buy and re-open the Tally Ho, but have not been in a financial position to invest £1,000.
The process of registering the necessary change in the rules of LCPL with the Financial Conduct Authority is underway. When that’s complete this website and all the associated documents will be updated to show the new lower share price. Each existing £1,000 share in LCPL will become four of the new £250 shares. Each member (shareholder) will continue to have one vote at members meetings, irrespective of the number of shares they hold.
If you’d like us to let you know when shares are available at £250 then please join our e-mail list.