Community Share Options

Join the movement. Share the value.

Our Community Share Option Scheme (“Option” & “Options”) is the mechanism for how we plan to deliver on our aim to share up to 20% of the value of the company with our customers for free when we IPO (or sell the company, although that is not our goal). 

Community Share Options will be awarded to our customers in our app after they sign up and have been accepted as a customer.

The scheme may be withdrawn if we are unable to construct a legal and tax-efficient mechanism or if it becomes subject to regulatory, legal or tax constraints that render the scheme ineffective or uncommercial.

What are my Community Share Options worth?

Our goal is that you are able to sell your Zero 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 will share in that success and 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.

However, if at the point of IPO, the total number of Options held by customers would represent more than 20% of post IPO 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. 

How do i earn more Community Share Options?

In our app we provide you with a unique referral link which 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 some more Options which will be shown in the total of your options in our app.