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.

If you'd like to become one of our shareholders, please contact our Admin team on 01454 821100 to ask for an application form.