Only a few days left to buy community shares in the Havards Ironmongers Shop, Newport, Pembrokeshire.

Only a few days left to buy community shares in the Havards Ironmongers Shop, Newport, Pembrokeshire.
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The share offer campaign to purchase Havards the ironmongers shop in Newport, Pembrokeshire will end on the 31st of August 2022, then, that’s it folks.
Todate people have been very supportive of ensuring the shop is kept open in Newport. A total of £367,600 has now been received in the bank, with 267 members now having invested. Some members have also increased their original purchase to bring the average investment per member to £1,376.
The bottom target of £330,000 has been achieved by the upper target of £475,000 to complete outright purchase with stock transfer and working capital is the final aim.
Therefore a final push now for the remaining £107,400 to the end of August.
At the recent public meeting held at the Boat Club in Newport, people were reminded by the chair of the campaign, Clive Hooper that shares can be gifted to other family members; children, grandchildren, spouse/civil partner. It is an excellent gift for people to actually part own an ironmonger shop!
The project has just submitted a grant application to the Community Ownership Fund, with over 200 hours volunteered by the committee members this month in putting the submission together for the grant fund.
A big “Thank You” to the businesses and organisations that have sent letters of support – the final document was submitted by 19th August. If successful, this would allow the project to immediately progress with capital works on the shop.
Another public meeting will be held again at the Newport Boat Club on Tuesday 30th August 18:30hrs to update members and potential investors on our progress and to answer any queries on the eve of the share purchase closing.
Finally a reminder of how to buy shares, if you copy and paste this link into your browser www.siophavards.cymru/invest.htm For those who wish to retain the feel of paper, hardcopies of the Share documents and forms are available at Havards counter.
Once again the committee and supporters of the Siop Havards Project wish to thank everyone for their support in ensuring the ironmongers shop is kept open for the current and future generations of Newport, Pembrokeshire.

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