Share Offer Update – 14 December

With just a few hours of our scheduled share offer period left, we have raised around £205,000. This is a great achievement and our thanks go to all of our investors (around 150 from Bentley and beyond) for their support.

At the beginning of the share offer we stated that the minimum amount we needed to raise, below which we would not proceed, was £230,000. Whilst we have not quite reached this amount, the committee feel that we are close enough to be able to begin negotiating our purchase of The Case.

While we are in negotiations with the vendors it is still essential that we raise as much capital as possible from the sale of shares, to pay for repairs and refurbishment. Therefore we have decided to keep the share offer open until 31 December.

We appeal to all those who have not yet invested to join us in this exciting new venture, and for our existing investors to increase their stake, if at all possible. The more money we can raise from shares, the less we will have to borrow, providing the best possible start for our business.

We will communicate any developments at the earliest available opportunity. In the meantime we thank you for your patience.

We wish you all a Happy Christmas, and here’s to a New Year back in our pub!

Best wishes from the Management Committee, Bentley Community Pub Ltd