We did it!
Oxford’s oldest and only independent cinema, The Ultimate Picture Palace is up for sale and we invite you to purchase community shares and invest in our exciting plan to become a thriving community-owned cinema.
Update: as of Wednesday 29th June, the share offer reached it maximum target meaning that the share offer is now closed for further investment. Thank you to everyone who bought community shares – read our news piece on the annoucnement underneath.
Community shares were made available via Ethex, a not-for-profit organisation which hosts investment opportunities from community organisations.
- Community shares cost £1 each, with a minimum buy-in of 50 shares (£50) to become a shareholder.
- We are pleased to offer a discounted minimum buy-in of 30 shares (£30) if you’re aged 16-29 or have an OX1, OX3, and OX4 postcode.
- Shareholders will become co-owners of the Ultimate Picture Palace Community Cinema and will be able to vote at shareholder meetings.
We designed our share offer so that as many people as possible can invest by offering a low buy-in structure alongside discounted rates.
Registering and purchasing shares takes between 15 and 20 minutes. If you require assistance registering on Ethex or purchasing shares on their platform, please do not hesitate to contact Ethex directly via phone (01865 403304) or email ([email protected]) and they will respond to any queries within three days.
If you have any questions about the share offer, please feel free to contact the Community Benefit Society committee directly via email ([email protected]) or phone (07873 596846).