Shareholders have a key role to play in shaping the decisions that directly affect our residents
Shareholding membership is open to all tenants, shared owners and leaseholders. We know how important it is to have people with lived experience of PCH services and communities involved in our decision-making process and governance arrangements.
Shareholders will receive communications on key issues, attend the Annual General Meeting (AGM) every September and are included in consultations as appropriate for any decisions that need to be made.
What's involved?
- Act in the best interests of PCH and for the benefit of the community
- Attend our Annual General Meeting (AGM) which is held every September. You’ll be invited to our AGM where you will have the opportunity to meet senior staff and our Board members. The AGM is an important event for PCH as it’s an opportunity to reflect on the work we’ve carried out throughout the year and gives our shareholders the right to vote on any issues raised.
- You can request a paper copy of our latest set of accounts which are published publicly for our residents and partners to see.
- You’ll be invited to additional meetings, such as special general meetings, when urgent decisions need to be made.
- As a Shareholder of a Community Benefits Society shares are limited to one per person and cost a nominal £1 each.
Restrictions
You won’t be able to become a shareholder if
- You are under 18
- You’ve had your previous shareholding membership terminated
- You are a member of staff
- You work for a local authority as this means that shareholding members who are local authority persons would be able to exercise more than one-third of the total votes to shareholding members
- You have been removed as a PCH Board Member
- You are a Board Member nominated by Plymouth City Council
- You are physically or mentally incapable of exercising your rights as a shareholder and will remain so for more than 3 months
- You have been convicted of an indictable offence which has not yet been spent
- You have been convicted of any other offence which in the opinion of the PCH Board either brings PCH into disrepute or is incompatible with the role of shareholder
- You have been declared bankrupt
- You’re in breach of your tenancy agreement or lease and fail to rectify the breach within a reasonable timeframe.
