1. The company and your investment
The Love Beer Owners Club is the name used for this share subscription scheme. Shares are issued by LBOC-01 Limited (the Company) which will be registered between 1st-30th November, subject to minimum funding amount.
You are applying for ordinary shares in the Company at a subscription price of £1 per share. For example, a £250 subscription is an application for 250 ordinary shares.
The Company will hold a 10% shareholding in Love Beer (IKOU Ltd), company number at completion of this round. Your investment gives you direct ownership in LBOC-01 Limited and an indirect interest in IKOU Ltd through that company. It does not give you shares directly in Love Beer
Your percentage ownership of the Company depends on the total shares in issue and their rights. The final ownership structure, including any existing shares, will be disclosed before you apply.
2. The funding round
The round is scheduled to run from 1 October 2026 to 31 October 2026. Up to 100,000 ordinary shares are available at £1 each, giving a maximum subscription amount of £100,000. Applications may close earlier if all available shares have been subscribed for.
The minimum funding condition is £15,000. Any other completion conditions will be set out in the offer information before payment.
The Company must hold the agreed 10% shareholding in Love Beer before shares are allotted to applicants. If the minimum funding condition or this ownership condition is not satisfied by 30 November 2026, the round will not complete and subscription payments will be refunded as described below.
3. Eligibility and registration
You must be aged 18 or over, apply in your own name and be legally eligible to participate. Participation is only available in jurisdictions and to investor categories permitted by the approved offer arrangements.
You must complete the share registration information requested during checkout or through the subsequent verification process. This includes your full legal name, date of birth, residential address, email address and any identification or other information reasonably required to establish eligibility and administer your shareholding.
A delivery address for a welcome pack does not replace the address required for the shareholder register. You must provide accurate information and respond to reasonable requests to correct or verify it before the stated verification deadline.
4. Applications and payment
Completing checkout and making payment submits an application for shares. An order confirmation acknowledges that application; it does not itself confirm that shares have been allotted.
Payment is collected by Stripe. Before you pay, we will explain how subscription money is held, when it may be released and what protection, if any, applies while your application is pending.
Acceptance is subject to cleared payment, eligibility, verification, availability and the completion conditions above. The Company may reject applications that do not meet these requirements. If fewer shares are available than requested, we will seek your agreement to a reduced allocation or refund your application.
5. Allotment and certificates
Once the round has completed and your application has been accepted, the Company will allot your shares and enter your details in its register of members.
Shares will be allotted and share certificates issued before 1 December 2026. If your application cannot be completed by that deadline, it will be cancelled and your subscription payment refunded unless you expressly agree to a revised arrangement after receiving the relevant information.
Your certificate will identify your registered shareholding in LBOC-01 Limited.
6. Cancellation and refunds
Any cooling-off or withdrawal rights applicable to the approved offer will be explained before you apply and will not be reduced by these terms.
In addition, you may withdraw an application before allotment by contacting [email protected] . This contractual withdrawal right is separate from any statutory or regulatory rights you may have.
If an application is rejected, withdrawn in accordance with these terms, or cancelled because the round does not complete, the full subscription payment will be refunded to the original payment method within 14 calendar days of the relevant cancellation or rejection.
After allotment, there is no contractual right to return shares for a refund. Any statutory rights and remedies remain unaffected.
7. Shareholder rights and distributions
Your ordinary shares carry the rights set out in the Company’s articles of association and any applicable shareholder agreement, which will be made available before you apply. These documents govern voting, dividends, transfers, future share issues and distributions on a winding-up.
Club membership does not itself give you a role in managing IKOU Ltd, a board seat or a right to its assets.
Dividends and other returns are not guaranteed. Payments received by the Company from Love Beer are not automatically paid on to members. Any distribution by the Company depends on available funds, its expenses and liabilities, applicable law and the rights attached to its shares.
8. Risks and future changes in ownership
This is an investment in unlisted shares. You could lose all the money you invest. There may be no readily available market for your shares, and you may be unable to sell them when you wish.
Neither the Company nor Love Beer guarantees a return, a future sale, a buyback or a stock market listing. The Company’s initial 10% shareholding in Love Beer is not a guarantee that it will retain that percentage indefinitely.
Future share issues in either company may dilute percentage ownership, subject to the protections in the relevant constitutional documents and agreements.
Protection for any intermediary or payment service does not insure your investment against the companies failing or the shares losing value.
9. Club benefits and other purchases
Any club benefits lawfully included with your subscription will be described before you apply, including their eligibility requirements, duration, delivery arrangements and limitations.
Benefits do not change the legal rights attached to your ordinary shares unless the share documents expressly provide otherwise. We will honour benefits expressly included in an accepted subscription on the disclosed terms, subject to applicable law.
Any separately purchased drinks, equipment or other goods are governed by the relevant sales terms. Their purchase does not itself confer shares.
10. £100 credit voucher
Investments of £100 or more before the 15th October will receive credit of £100 to spend on www.love-beer.co.uk credit comes into effect once the investment round is completed.
11. Tax and personal information
The tax consequences of subscribing for, holding or selling shares depend on your circumstances. No tax relief, including EIS or SEIS relief, is promised unless expressly confirmed in the final offer documents.
We use your personal information to process applications, carry out necessary checks, administer the shareholder register, issue certificates and meet legal obligations. Our Privacy Notice at https://love-beer.co.uk/legal/privacy-policy/ explains the relevant data controllers, sharing, retention and your rights.
Information entered on a statutory shareholder register or filed with Companies House may be accessible as required by law. Marketing preferences are handled separately.
12. Documents, changes and contact
These terms must be read with the final offer information, risk disclosures, articles of association and any applicable shareholder agreement.
We will not use an update to these terms to change an accepted subscription unilaterally. If a material change is needed before allotment, we will explain it and give affected applicants an opportunity to withdraw for a full refund.
Nothing in these terms excludes rights or liabilities that cannot lawfully be excluded.
For application, registration, certificate or complaint enquiries, contact [email protected]