Community Share Options
Join the movement. Share the value.
Our Community Share Options are the mechanism for delivering on our aim to share 20% of the value of the company with our customers for free when we IPO.
Community Share Options will be awarded to our customers in our app after they sign up and have been accepted as a customer.
How do I earn more Community Share Options?
In the Zero App we will provide you with a unique referral link that you can share with your friends to invite them to join Zero.
If they follow the link, sign-up and become an active customer, you will earn more Options which will be added to the total of your Options in the App.
This feature will not be available until after we have fully launched in early 2025.
What are my Community Share Options worth?
Our goal is that you can sell your Community Share Options when we float on a stock market, also known as conducting an Initial Public Offering (IPO). At this time, the value of your shares will depend on the valuation achieved by the company on its IPO.
Just like employee share options that staff sometimes get from their employer, the scheme is intended to empower you to help build the success and future value of the company because you share in its value.
In the meantime, the Options carry no cash value alternative and cannot be redeemed for anything else.
It is our aim that one Option is equivalent to one share upon IPO or when the company is sold, although selling the company is not our objective.
If at the point of IPO, the total number of Options held by customers represents more than 20% of total shares, then we will fractionally downrate the number of shares you get so that the total for all customers is 20%.
Subject to the above, when we conduct our IPO (or sell the company) you will receive real shares in the company. There may be a requirement to pay a nominal sum (much lower than the value of the shares) in order to receive the shares due to regulations, laws or tax rules which are constantly changing. The Company may cover this cost itself which will be confirmed when we publish the full scheme details in due course.
As is common practice, there may be restrictions on your ability to sell shares you receive through the scheme for a period of time after an IPO.
Conditions of the Community Share Option Scheme
Please check our Customer Terms and Conditions for the full terms associated with this scheme.
NB. There is a small chance we have to withdraw the scheme if we are unable to construct a legal and tax-efficient mechanism or if it becomes subject to regulatory, legal or tax constraints that make the scheme ineffective or uncommercial.