Reading Hydro CBS Ltd has released its Annual Report and Financial Statement (up until 30th September 2019), ahead of our AGM on the 30th March 2020, hosted online with Zoom.
To review this report, please follow this link. A permanent link to this report will be placed on our website in due course.
With many thanks,
The Directors, Reading Hydro CBS Ltd
The Archimedes screw turbines are relatively simple and don’t need much maintenance. However, we will appoint contractors to keep the scheme working and well maintained. Members will be encouraged to check the inlets and warn us if debris is accumulating.
You can’t sell your Reading Hydro shares in the first 12 months. After that, you can only sell them back to Reading Hydro CBS. Investing in Reading Hydro is intended to be for the long term, and it’s at the discretion of the Directors whether shares will be bought back, and only if funds are available.