Ans.:
You would have returns on your shares in three basic ways:
a) You would receive a pro–rata annual returns of about 2 to 3%
annual dividends from rents paid by tenants;
b) You would also have annual trading compound value added returns
on the shares; and
c) The value of your shares would be indexed to the market value of
the properties. The average annual property appreciation over the
last fifty years is minimum 5%.
Ans.:
You can buy any time and you can add more to your shares whenever
you want. Simply complete the application forms and return them to
us with the appropriate fee for the number of shares you want.
You can also sell your shares when you want to. Simply inform us and
we would buy the shares back and calculate your share value based on
the preceding financial year’s account, and send you a cheque for
your entitlements.
Ans.: The Chief Executive in consultation with the Board of
Management. The Board of Management will report to the Annual
General Meeting of shareholders.
Ans.: Yes. Tenants could regularly buy shares in multiple of £550
and after a period convert their shareholding to ownership of the
property they are renting.
Ans: No. It is a limited liability company and they are not liable.
Directors may however be personally liable if they did anything
outside the powers of limited liability company laws.
Ans: Yes. We would release your share to your next of kin or to your
nominated estate’s administrator, and if you died without a will we
would apply the relevant law accordingly.
Ans.: We hope not but if they did, the shares would be sold and
shareholders would have their money back, 100% plus the appreciated
value of properties without any question.
