Buy and sell shares
Put your money to work building new sustainable energy projects that help to address the climate emergency.
By owning shares in Thrive Renewables, you can play a direct role in tackling the climate emergency while enjoying financial, social, and environmental returns. As with any investment, owning shares in Thrive Renewables comes with risks and returns aren’t guaranteed, you should make sure you understand these risks. You can read about them below under Important Information.
Monthly share auctions
You can buy shares in Thrive Renewables at monthly auctions run by share matching platform, JP Jenkins.
Share auctions allow investors in unlisted companies like Thrive Renewables plc, to trade shares. Please read the information about the monthly share auctions below. As with all investments, your capital is at risk.
Visit the JP Jenkins website here
JP Jenkins are also available on +44 (0) 20 7469 0937 during office hours to answer questions and provide further information. You can also email them at info@jpjenkins.com.
Buyers decide on the price per share they’re willing to pay, and the number of shares they wish to buy. Buyers can choose to buy shares at the current Directors’ Valuation or set their own price. The Directors’ Valuation is provided as a guide to the value of Thrive Renewables based on all its construction and operational assets. Shares are matched by prioritising the highest priced buyer with the seller who has been waiting the longest to sell and is willing to accept the price offered. Shares will transact at the buyer’s price.
Share issues
You can also participate in primary share issues. Historically, we have regularly launched new share issues when we have new clean energy projects ready to fund and build. You can sign up for news on our next share or bond offer using the form below.
The auctions allow shareholders to exchange shares for a mutually agreed price. The seller can determine a minimum price that they would be willing to accept, so they won’t ever sell the shares at a price they are unhappy with. Shareholders can choose to sell shares at the current Directors’ Valuation or set their own price.
Shares are matched by prioritising the highest priced buyer with the seller who has been waiting the longest to sell and is willing to accept the price offered. If sellers have been listed for the same amount of time, they are then prioritised based on the lowest reserve price set. The trades will always be matched and transact at the buyers’ price.
If you are considering buying shares via the monthly share auctions, you should ensure you have read and understood the most up to date information on the company before deciding whether to invest. The most recent financial information about us is available here and also includes information on any material events that have occurred since the release of the latest financial results. Please note that past performance is not an indicator of future performance.
Administration and costs
In order to participate in monthly share auctions, you will need to appoint a broker.
If you do not already use a broker, JP Jenkins provide a list which can be found here.
Settlement costs/fees for buyers and sellers participating in the monthly auctions are covered by Thrive Renewables. Individual broker transaction fees are paid by buyers and sellers directly to the broker once a match has been completed. Please liaise with your broker directly regarding their fee.
Important information
As with any investment, owning shares in Thrive Renewables comes with risks and you should make sure you understand them.
You shouldn’t rely on our past performance as a guide to how we will perform in the future. You should also be aware that Thrive Renewables plc is an unlisted company and shares in Thrive Renewables plc aren’t traded on an investment exchange such as the London Stock Exchange (LSE) or the Alternative Investment Market (AIM). This means share transactions can be infrequent, and there may be a delay between you giving instructions to buy or sell shares and your order being completed. It also means it can be difficult to assess your investment’s value.
The value of your investment and any income from it may fall and you may get back less than, or none of, the amount you invested. The Directors’ Valuation will always be published on the Thrive Renewables website. Please consult an independent financial adviser if you aren’t sure whether this investment is for you.
The dates of the next monthly share auctions at which you can buy or sell Thrive Renewable shares
The dates of the next monthly share auctions at which you can buy or sell Thrive Renewable shares
November 2024
All sell orders must be placed by 12pm on 22 November 2024. All buy orders must be placed by 12pm on 29 November 2024.
December 2024
All sell orders must be placed by 12pm on 24 December 2024. All buy orders must be placed by 12pm on 31 December 2024.
The graph and table below show the results from past monthly auctions. Past performance is not an indicator of future performance. Further information on historical auctions is available on request.
Monthly auction | Total number of shares traded | Average price shares traded at |
October 2024 | 10,206 shares | £1.94 per share |
September 2024 | 500 shares | £2.15 per share |
August 2024 | 671 shares | £1.70 per share |
July 2024 | 30,000 shares traded | £1.93 per share |
June 2024 | No shares traded | £1.70 per share |
May 2024 | 850 shares | £1.70 per share |
*Includes shares sold at auction and any shares from the company’s buy back scheme
Past performance is not an indicator of future performance.
Share buy back policy
Eligible shareholders can apply for their shares to be bought back by Thrive Renewables plc twice a year at a 10% discount to the Directors’ Valuation.
Why invest in Thrive?
Learn more about how we put money to work building a cleaner, smarter energy system.
Approved by Triodos Bank UK Ltd on 22 October 2024, FRN: 817008.
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This financial promotion was approved on 22 October 2024 by Triodos Bank UK Limited, registered in England and Wales with no. 11379025. Registered Office: Deanery Road, Bristol BS1 5AS, United Kingdom. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 817008.