Details of shares on offer April 2023
Size of each share as a fraction.
'Normal' or 'Special' (School) share Price of each share in UK pounds sterling. Reasons for selling. Pre-booked weeks for 2023, which the purchaser would acquire from the vendor. Recent annual contributions to operating expenses. (NB these are the contributions made by holders of Normal shares. Holders of Special shares contribute an additional 25%). Requirement to hold the RYA (ICC)(IW) qualification. Contact address of vendor: |
12th
Normal share. £8,450 Share 1: After eight wonderful years looking for new adventures elsewhere. Share 2: After six wonderful years looking for new adventures elsewhere. Share 1: Three weeks commencing 14 July. Share 2: 2023 weeks have been used. 2024 weeks will be decided this July. 2019..................... £520 per share 2020.................... £500 per share 2021..................... £480 per share 2022..................... £500 per share 2023..................... £460 per share Owners also contribute to a Contingency Reserve intended to cover much of the cost of e.g. a new engine in the event of a catastrophe. This fund currently (Sept 2022) stands at £9,866. Additionally there is also a Repainting Reserve. The total contribution to these two reserves in 2023 is £300 per share. All shareholders pay equally into these funds, with no premium applied for Special Shares. All contributions are due on 1 January annually. Hence the total annual payment for 2023 for each ordinary share is £460+£300=£760 and this would need to be paid, in addition to the purchase price, if the share is purchased prior to the pre-booked weeks for 2023. Insurers require all owners in this syndicate to be qualified ICC(IW) before they may take DONJEUX underway. Advice about this will be provided. Share 1: harrisonixxx@gmail.com Share 2: mshheseltine@hotmail.com Email initially, then by phone/Zoom/etc |