BECOME A COMMUNITY HERO!

A number of shares in Somersham Community Pub Ltd. are still available.   Don’t miss out on becoming part of the special group of owners who want to see the Duke of Marlborough kept open on a permanent basis through community ownership.

Because one third of the fund used to buy the pub in February 2017 was in the form of loans, a further tranche of investment is vital in the next 3 years to secure the pub’s future.

Shares cost £50 each, with a minimum initial investment of £250 – applicants must be 18 or over.  Shareholders qualify to sit on the Management Committee and have the right to a vote in our annual AGM held in late September.

Tax payers can benefit from the Government’s EIS scheme and reclaim a whopping 30% of their investment back against their tax bill.  As an example, anyone investing £1000 can reclaim £300 back, and still retain a shareholding to the value of £1,000.

We hope to be in a position to pay a small amount of annual interest in the coming years once the business in in a position to do so.

We are in the process of assembling a Shareholders Pack.  This will contain full details of how to invest – the latest copy of our Prospectus, the ways you can pay, and details of how to apply to HMRC for your 30% tax reclaim.  As soon as this is available you will be able download it here, or pick up a copy from the pub.

To enquire about buying shares in the meantime, please contact getintouch@thedukeofmarlborough.com.