Ethical Performance
inside intelligence for responsible business
 

inbrief

inbrief

July 2004

The UK’s biggest ethical share issue has raised £5million ($9m) through an oversubscribed offer that attracted interest from 4,400 investors. The shares in Cafedirect, Britain’s largest fair-trade hot drinks group by market value, were issued through the Dutch ‘ethical’ bank Triodos (EP5, issue 10, p7). The issue, which had a £300 minimum investment, was taken up mainly by private investors, but also attracted the institutional sector. Cafedirect’s annual turnover is more than £13m.


3BL Media News
Membership
Sign up for Free e-news
Report Alerts
Job Vacancies
eNews
Events Updates
Best Practice Newsletter