OUR COMMUNITY SHARE OFFER IS NOW OPEN

All the information you need about buying shares to reopen Ye Olde Cross is in our community share offer, which you should read before making a purchase.

You can buy shares on the website at the bottom of this page. You can pay by Paypal or by BACS transfer.

Alternatively, you can fill in and post a paper form and pay by cheque or BACS transfer. Paper forms are available in the community share offer document which can be downloaded.

If you’d like to pay by cash, need any help buying shares or would like to pick up a paper form, we can assist you during our  Tuesday night drop-ins at the Holy Cross Church Hall in Ryton from 7pm.

Our community share offer and business plan have been given the Community Shares Standard.

This recognises the viability of our business plan and best practice in relation to raising shares.

We have worked closely with advisors from the Plunkett Foundation who have helped establish more than 60 other community pubs.

Not one has closed since being saved by their communities – evidence of the viability of the community pub model.

“It is possible to see a sustainable future for the pub” – Independent Business Survey Report for Ye Olde Cross

We need to raise £350,000 in shares in order to buy and carry out necessary renovation work on Ye Olde Cross.

Each share is worth £20, and the minimum share purchase is 10 shares at £200.

If we are unable to raise the required amount to buy the pub, we will return all shares that have been purchased.

If you buy shares using Paypal there is currently a 1.4% charge+20p for each transaction.

This will not be added to your transaction – however please be aware that if we are unable to raise enough money to meet our target and need to return shares, we may not be able to refund the transaction fee.

Our shares are being sold under Ryton Cross Community Society Ltd, which is a community benefit society created for this purpose. You can read the RCCS Ltd company overview and rules here.

If you have any queries or need any help please email us at friendsofyeoldecross@gmail.com or message us on Facebook.

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