Becoming a Merlin shareholder
As one of the promises we made to residents prior to the transfer from the council, we have given residents the opportunity to become a Merlin shareholder. Shareholders can vote at the annual general meeting (AGM) and have the power to approve or reject any possible mergers. Shares cost £1 which is non-refundable and you can only buy one. You cannot sell your share and there is no financial gain to being a shareholder.
To be a shareholder:
- You must hold a sole or joint tenancy, lease or licence
- You must not be a councillor on South Gloucestershire Council
- You must not work for Merlin or the council.
You may cease to be a shareholder if:
- You seriously breach your tenancy conditions
- You stop being a tenant
- You become a councillor on South Gloucestershire Council
- You become employed by Merlin or the council
- You fail to attend two AGMs without sending an apology in advance.
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