Community Share and Bond Issues

Development Trusts Association (2007). This publication explains how community organisations can use share and bond issues as a source of funding.

By Chris Hill of the Camberwell Project
With assistance from Malcolm Lynch and Jason Curtis of Wrigleys Solicitors

This paper was commissioned by the Development Trusts Association (DTA) and the Adventure Capital Fund (ACF) to encourage community enterprises to take advantage of what remains a largely untapped source of funding.

The paper will suggest that community sahre and bond issues can be straight forward and affordable and bring benefits beyond raising cheap money. The paper explains what shares are and the benefits of share issue, how to organise one and the legal implications. It will also provide some comprehensive examples and a list of the documents required.

Community Share and Bond Issues: The sharpest tool in the box
By Chris Hill with assistance from Malcolm Lynch and Jason Curtis, (2007)

Accompanying appendices
Land for People Community Land Trust - Model Rules 2006
Co-Operatives UK
Wessex Reinvestment - Model rules

Paper copies can be purchased from the DTA for £10 each incl. p&p
The publication can also be obtained for free on attendance of Viability not Liability seminars.