{"product_id":"community-shares-the-nook-cheltenham","title":"Community Shares - The Nook Cheltenham - Ordinary","description":"\u003cp\u003eJoin us in the next phase of our journey. When SH Retail Investments took on the rooftop site at the Quadrangle Building, the mission was simple, transform a local town spot into something that feels like a permanent feature of the locality and \u003c\/p\u003e\n\u003cp\u003eAs we expand into Mayfair and the City of London we are providing sophisticated investors a chance to join us in exporting the transformation of shell spaces to new landmark buildings and export brand Cheltenham into the heart of financial and political decision-making in the UK. With the option to buy Preference or Ordinary shares, you have the options to either be part of our decision making process or get a fixed return every profitable year.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ch2 data-start=\"255\" data-end=\"297\"\u003eOrdinary C Shares – The Nook Cheltenham\u003c\/h2\u003e\n\u003ch3 data-start=\"299\" data-end=\"313\"\u003eOverview\u003c\/h3\u003e\n\u003cp data-start=\"314\" data-end=\"470\"\u003eOrdinary C Shares are equity shares in The Nook Cheltenham Limited, offering voting rights and annual shareholder benefits alongside dividend participation.\u003c\/p\u003e\n\u003ch3 data-start=\"472\" data-end=\"489\"\u003eShare Price\u003c\/h3\u003e\n\u003cp data-start=\"490\" data-end=\"502\"\u003e£5 per share\u003c\/p\u003e\n\u003ch3 data-start=\"504\" data-end=\"530\"\u003eMinimum Subscription\u003c\/h3\u003e\n\u003cp data-start=\"531\" data-end=\"564\"\u003e£20,000 (or confirm if different)\u003c\/p\u003e\n\u003ch3 data-start=\"566\" data-end=\"587\"\u003eRights Attached\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli data-start=\"591\" data-end=\"629\"\u003eVoting rights attached to each share\u003c\/li\u003e\n\u003cli data-start=\"632\" data-end=\"685\"\u003eParticipation in dividends (subject to declaration)\u003c\/li\u003e\n\u003cli data-start=\"688\" data-end=\"791\"\u003eAnnual dividend component (currently structured with a portion convertible into vouchers – see below)\u003c\/li\u003e\n\u003cli data-start=\"794\" data-end=\"828\"\u003eShareholder hospitality benefits\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3 data-start=\"830\" data-end=\"856\"\u003eShareholder Benefits\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli data-start=\"860\" data-end=\"927\"\u003e1.5% annual dividend element convertible into restaurant vouchers\u003c\/li\u003e\n\u003cli data-start=\"930\" data-end=\"960\"\u003e10% discount on private hire\u003c\/li\u003e\n\u003cli data-start=\"963\" data-end=\"1030\"\u003eAnnual meal allocation (subject to board policy and availability)\u003c\/li\u003e\n\u003cli\u003eDividend Policy\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-start=\"1055\" data-end=\"1092\"\u003eDividends on Ordinary C Shares are:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli data-start=\"1095\" data-end=\"1113\"\u003ePayable annually\u003c\/li\u003e\n\u003cli data-start=\"1116\" data-end=\"1143\"\u003eSubject to board approval\u003c\/li\u003e\n\u003cli data-start=\"1146\" data-end=\"1183\"\u003eDependent on distributable reserves\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-start=\"1185\" data-end=\"1270\"\u003eDividend may be satisfied partially or fully in vouchers at the company’s discretion.\u003c\/p\u003e\n\u003ch3 data-start=\"1272\" data-end=\"1287\"\u003eLiquidity\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli data-start=\"1291\" data-end=\"1323\"\u003eShares are not publicly traded\u003c\/li\u003e\n\u003cli data-start=\"1326\" data-end=\"1393\"\u003eTransfers subject to company approval and Articles of Association\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2 data-end=\"1464\" data-start=\"1422\"\u003ePreference Shares – The Nook Cheltenham\u003c\/h2\u003e\n\u003ch3 data-end=\"1480\" data-start=\"1466\"\u003eOverview\u003c\/h3\u003e\n\u003cp data-end=\"1612\" data-start=\"1481\"\u003ePreference Shares are issued as part of a capital reorganisation and carry preferential economic rights over ordinary shareholders.\u003c\/p\u003e\n\u003cp data-end=\"1726\" data-start=\"1614\"\u003eThese shares are designed to provide structured return priority while strengthening the company’s balance sheet.\u003c\/p\u003e\n\u003ch3 data-end=\"1745\" data-start=\"1728\"\u003eShare Price\u003c\/h3\u003e\n\u003cp data-end=\"1797\" data-start=\"1746\"\u003e£5 per share (or confirm if structured differently)\u003c\/p\u003e\n\u003ch3 data-end=\"1825\" data-start=\"1799\"\u003eMinimum Subscription\u003c\/h3\u003e\n\u003cp data-end=\"1851\" data-start=\"1826\"\u003e£5,000 (confirm if fixed)\u003c\/p\u003e\n\u003ch3 data-end=\"1869\" data-start=\"1853\"\u003eKey Rights\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli data-end=\"1933\" data-start=\"1873\"\u003ePriority over ordinary shareholders in respect of dividend\u003c\/li\u003e\n\u003cli data-end=\"1982\" data-start=\"1936\"\u003ePriority on return of capital on liquidation\u003c\/li\u003e\n\u003cli data-end=\"2020\" data-start=\"1985\"\u003eFixed dividend rate: 4% per annum\u003c\/li\u003e\n\u003cli data-end=\"2054\" data-start=\"2023\"\u003eDividend payable twice yearly\u003c\/li\u003e\n\u003cli data-end=\"2123\" data-start=\"2057\"\u003eDividend may be satisfied in restaurant vouchers (if applicable)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3 data-end=\"2138\" data-start=\"2125\"\u003eLock-In\u003c\/h3\u003e\n\u003cp data-end=\"2173\" data-start=\"2142\"\u003e2-year minimum holding period\u003c\/p\u003e\n\u003ch3 data-end=\"2188\" data-start=\"2175\"\u003eRanking\u003c\/h3\u003e\n\u003col\u003e\n\u003cli data-end=\"2235\" data-start=\"2192\"\u003eRanks ahead of all Ordinary Share classes\u003c\/li\u003e\n\u003cli data-end=\"2284\" data-start=\"2238\"\u003eRanks behind secured creditors (if any remain)\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003ch3 data-end=\"2305\" data-start=\"2286\"\u003eVoting Rights\u003c\/h3\u003e\n\u003cp data-end=\"2409\" data-start=\"2309\"\u003eNon-voting except in limited circumstances (e.g. variation of class rights)\u003cbr data-end=\"2387\" data-start=\"2384\"\u003e(or specify if voting)\u003c\/p\u003e\n\u003ch3 data-end=\"2427\" data-start=\"2411\"\u003eRedemption\u003c\/h3\u003e\n\u003cp data-end=\"2482\" data-start=\"2431\"\u003ePartially Redeemable, see documentation.\u003c\/p\u003e\n\u003ch2 data-end=\"263\" data-start=\"240\"\u003eInvestor Information\u003c\/h2\u003e\n\u003cp data-end=\"338\" data-start=\"265\"\u003eThis invitation is extended on a strictly private and confidential basis.\u003c\/p\u003e\n\u003cp data-end=\"566\" data-start=\"340\"\u003eThe opportunity to invest in The Nook Cheltenham is available only to selected individuals and entities by prior arrangement. It is not an offer to the public and is not intended for general circulation or retail distribution.\u003c\/p\u003e\n\u003cp data-end=\"827\" data-start=\"568\"\u003eThe shares described on this page are issued by a private limited company. They are not listed on any recognised investment exchange and should be regarded as long-term, illiquid investments. Capital is at risk, and returns are neither guaranteed nor assured.\u003c\/p\u003e\n\u003cp data-end=\"1180\" data-start=\"829\"\u003eAn investment in a private hospitality business carries inherent commercial risk. Performance may be affected by market conditions, operational factors, and broader economic circumstances. Prospective investors should participate only if they fully understand these risks and are financially able to bear the potential loss of their entire investment.\u003c\/p\u003e\n\u003cp data-end=\"1428\" data-start=\"1182\"\u003eNothing presented here constitutes financial, legal, or tax advice. Each prospective investor is expected to undertake their own assessment of the Company and the terms of investment, and to seek independent professional advice where appropriate.\u003c\/p\u003e\n\u003cp data-end=\"1622\" data-start=\"1430\"\u003eThis communication is directed solely at persons who qualify under an applicable exemption to the financial promotion restrictions under the Financial Services and Markets Act 2000, including:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli data-end=\"1664\" data-start=\"1626\"\u003eCertified high net worth individuals\u003c\/li\u003e\n\u003cli data-end=\"1707\" data-start=\"1667\"\u003eSelf-certified sophisticated investors\u003c\/li\u003e\n\u003cli data-end=\"1736\" data-start=\"1710\"\u003eInvestment professionals\u003c\/li\u003e\n\u003cli data-end=\"1802\" data-start=\"1739\"\u003eOr persons with whom the Company has an existing relationship\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-end=\"1914\" data-start=\"1804\"\u003eBy proceeding, you confirm that you fall within one of these categories and are investing on your own account.\u003c\/p\u003e\n\u003cp data-end=\"1992\" data-start=\"1916\"\u003eThe Company reserves the right to decline any application at its discretion.\u003c\/p\u003e","brand":"The Nook On Five - Cheltenham's Rooftop Restaurant","offers":[{"title":"Ordinary C","offer_id":57444925800835,"sku":null,"price":5000.0,"currency_code":"GBP","in_stock":true},{"title":"Preference","offer_id":57444925833603,"sku":null,"price":20000.0,"currency_code":"GBP","in_stock":true}],"url":"https:\/\/thenookcheltenham.co.uk\/products\/community-shares-the-nook-cheltenham","provider":"The Nook On Five - Cheltenham's Rooftop Restaurant","version":"1.0","type":"link"}