Category Archives: Community Shares

Target reached!

Amazingly we have passed £500k but we will continue to accept all investments up to the deadline on April 5, when the offer will close – so if you haven’t got your shares yet, there’s still time! Just click here to go to the Microgenius site to buy your shares. We would like to say an enormous thank you to everyone who has contributed to the effort to restore and renew the pier. We look forward to seeing everyone on the new pier when it opens late Spring next year.

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One Month to Go!

Dear Supporters, We have just one month to go with our share offer and today we stand at the hugely encouraging total of £266,820, which is really good but, to paraphrase a current beer ad, it’s not quite Hastings. We continue to explore all possible avenues to raise the remaining funds and have a number of initiatives still in play for the end of the month. However we’d also like to appeal to you, our current investors, to consider either increasing your stake or – since we understand that for many people that will quite simply be impossible – to… Read More…

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White Rock Hotel backs business scheme with a £10k investment

The White Rock Hotel has today announced the purchase of £10,000 worth of Community Shares in Hastings Pier, and challenged other businesses to contribute to the development of this wonderful new asset for the town. Director Laurence Bell said “It’s not just tourism businesses like ours that will benefit from the regeneration of the Pier, many local companies will gain, directly from the work itself, from new visitors to the town, and because the new pier will make Hastings an even better place to live and work, and therefore attract even more investment into the town.” Read more by downloading… Read More…

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Community Shares – Update

Dear Investors, Our Community Shares scheme continues to attract many new investors every week, and the first month of the New Year has seen no let up in the steady flow of investment into the scheme. This has been really encouraging as we work towards our target. In January we have also launched our Business Investment Club to provide an opportunity for businesses of all sizes to support the scheme. We must thank Andy Walsh, General Manager of FC United of Manchester, for coming to speak so magnificently at our launch event. Details of the scheme are on the Pier… Read More…

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Hastings Pier Business Breakfast – Thurs 23rd Jan

Invitation to the Hastings Pier Business Breakfast Thursday 23rd January 2014 8.00am – 9.30am White Rock Theatre If you are a local business then why not come along to the Hastings Pier Charity’s breakfast event on 23rd January at the White Rock Theatre and learn about the benefits of becoming a community share holder. We are excited to be hosting Andy Walsh as our guest speaker. Andy is the General Manager of FC United of Manchester and he will be describing how they have raised over £2m through their trailblazing community share scheme, how they have engaged local people and… Read More…

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Happy Christmas!

Dear All, It’s clear that we will reach our minimum requirement of £200k. raised by the original offer closure date of 4th January. We’re confident that the additional three months of fundraising announced recently will enable us to close in on our ultimate target of £500k. And with over 800 investors already signed up, we can celebrate an amazing success story for our community shares. But of course at this time of year we are clebrating for other reasons too. So it simply remains for us to wish each and every one of you a very happy Christmas and all… Read More…

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Pier Shares available through to April

Dear All, Please see below a  press release that went out today. As you will see, we have extended the share offer period for a further three months through to April. The public response has been really amazing – we’re so close to our minimum requirement of £200k in such a short space of time. But there’s much more we can do – particularly with attracting larger investment amounts – and we have been building contacts and putting plans in place to do just that. So the extra time will give us a great chance of making our ultimate target… Read More…

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Good news!

Knowing that the share offer has broken the £125,000 mark is one of the excellent features of running it online through Microgenius. You can see the action as and when it happens. However, this is a new approach to many of us and we have spotted a quirk in the system concerning the transaction fee added by the direct debit service GoCardless, which should be 0.5% of your share purchase as set out in our share offer document. Up until now the system has been showing a 1% fee and so we want to reassure you that when the time… Read More…

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£100k and counting…

To each and every one of our 557 investors so far – thank you so much. You have helped us break through the £100k. barrier and that’s a tremendous achievement. The more so in such a short space of time. So congratulations to you too, and please do all you can to encourage others to join us. Onwards and upwards as they say. See you at £200k.

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Press coverage – please share!

Thanks to some great work on our behalf from The Co-operative Enterprise Hub we have had some nice online press coverage this weekend: http://www.mirror.co.uk/news/uk-news/hastings-residents-can-buy-100-2471011 http://www.express.co.uk/news/uk/437792/Community-shares-bid-to-revamp-pier http://www.theguardian.com/social-enterprise-partner-zone-the-co-operative/interest-create-peoples-pier Please feel free to share via any available media. Thank you.

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