The Cooperative
& the call for funding
If you want to make an impact,
with a sense of belonging and responsibility
PLEASURE IS SHARED PLEASURE
We believe that adventure should also be shared.
Papaver c’est une ambition collective à réaliser ensemble:
- Rethink and execute the model together,
- Rediscover the pleasure of good bread, tasty dishes and a friendly atmosphere, let yourself be carried away by the music, together,
- Working together to create impact,
- Financially support the ambition together,
The cooperative structure allows all participants in the Papaver Value Chain, as well as its fans, to co-build the collective ambition.
From the farmer who grows the wheat, to the Papaver fan who will enjoy the croissants and sourdough bread, through the Papaver workers and the solar panel supplier, let’s realise our ambition!
Papaver, a cooperative approved by the Minister of the Economy, opens its capital to you in order to finance the renovation and development of the space, solutions for energy and water independence.
You can finance Papaver by purchasing shares in the company.
PAPAVER’S FINANCIAL NEEDS
ARE €400,000
The various share classes are described opposite.
The call for financing concerns Class C, Class D and Class E units.
Before subscribing to one or more units, please note that:
- This is not a call for donations but a call for financing: you buy shares in Papaver, which give you the right to sit at the General Assembly, benefit from a reduction in your IPP thanks to the Tax Shelter mechanism if you invest as an individual, receive annual dividends, and the possibility of reselling your shares in 4 years (see Tax Shelter conditions).
Please also read the following information
For any questions about acquiring cooperative shares, send us an email to papaver@mypapaver.be.
If this speaks to you, why don’t you embark on the adventure with us and all those who have already joined us! To do this, complete the share form by clicking on the button below:
If, beyond the attractiveness of the project, you need to be reassured by a financial return, this is estimated at 11.6% per year over an investment horizon of 4 years (minimum investment period to benefit from the advantages of the Tax Shelter, for which this investment is eligible) – see page 12 of the “Call for financing” document. Probably more interesting than the return on your savings account at the bank…
At this stage, the Administrative Body (also called “Board of Directors”) is composed of:
- Robin Claessens, type A cooperator “Guarantor shares”
- Stéphanie Schramme, type A cooperator “Guarantor shares”
- Yann Verstraeten, type A cooperator “Guarantor shares”
Class A shares, or "Guarantor Shares"
Reserved for the "guarantors" of the company's values, i.e. the founding members of the cooperative and individuals whose abilities, commitment, shares or aims enable the values and aims of the company to be realised, guaranteed and perpetuated, and after approval by the Guarantors' College (as defined in Article 37 of the Articles of Association).
Class B shares, or "Papaversers" shares
Reserved for staff members who have had an employment contract with the company for at least six months, and for individuals who have a direct contractual link with the company under student status, via an employment cooperative or independently.
Class C shares or "Druivenstrekers" shares
Reserved for individuals domiciled in the commune of Hoeilaart (1560), who are the subject of this offer.
1 share = €50
Class D or "Supporter" shares
Reserved for any individual who subscribes to the philosophy and object of the company, which is the subject of this offer.
1 share = €100
Class E shares or "Investor" shares
Reserved for corporate partners, (investment) companies and any other company wishing to support Papaver, which is the subject of this offer.
1 share = €500
