December 5 2013 Latest news:
Saturday, October 19, 2013
Residents trying to raise money to buy their last remaining village pub are hoping a supportive Tweet from celebrity Stephen Fry will help them reach their final target.
As Shouldham’s Save Our King’s Arms (SOKA) campaign enters the final few days of share sale where people can buy stakes in the 17th-century pub, Mr Fry - who lives in Norfolk - Tweeted: “Good luck selling the remaining shares.”
SOKA is just £8,000 away from reaching its £150,000 fundraising target, having sold shares to supporters across the county and beyond over the past few weeks.
It hopes that whatever is raised will be matched by a grant from the Social Investment Business (SIB), which would hopefully give them enough to buy the venue from landlord Punch Taverns and have enough money left over for refurbishment.
The final deadline for buying shares is midnight on Monday.
SOKA secretary Phil Harriss said: “We’ve not far to go.”
With Mr Fry’s Tweet, Mr Harriss said it is expected the remaining shares will sell fast.
“We are keen our supporters and their friends and families are first to buy the shares, so if there’s anyone still considering investing or increasing their holding, now’s the time,” he said.
“Support has come from all over,” Mr Harriss said. “The great majority of shares have been bought by people in our village and the surrounding area, which is as it should be, but we also have investors from across Norfolk, from Shouldham ‘exiles’ across the world, and from kind-hearted folk who have heard about our campaign on the internet.”
He added that people living in Italy, Hong Kong, Belgium, Australia, New Zealand and Canada had all claimed a share in the venture.
Anyone interested in buying shares should visit http://kingsarmsshouldham.co.uk and click on the link for the Microgenuis site.