Norwich Mustard will be undertaking a share issue (or several) to raise capital to develop permanent production facilities for mustard manufacturing, and also open a shop, heritage centre and café in the centre of Norwich to sell its products and celebrate the city’s relationship with mustard making. The exact plan for this is taking final shape and we currently hope to run our first share issue toward the end of 2019.
The share prospectus and business plan will be available here for you to download as soon as the share issue launches. However, some key facts about how it will likely work, are as follows:
Each shareholder has one vote. At our Annual Meeting, to which all will be invited, each shareholder has one vote.
We will be a community benefit society. Which means our profits are reinvested in our work, although we do hope in time to pay dividends to our shareholders.
Your investment should qualify for tax relief. The share prospectus will explain how.