Application to become a shareholder (part owner of Estonian House in Sydney) is always open. The miminium share purchase is 10 shares at $2,00 per share. The annual fee of $20.00 must be paid each financial year as long shares are held in your name.
Shares can be transferred using the share transfer form below. If a shareholder is inactive for 3 years, the shares will be forfeited after all outstanding annual fees have been paid.
Share applications or transfers must be approved by the Board before being enacted.
Schedule of fees
| Annual subscription | $20.00 | Rule 4 |
| Nominal Value of Shares | $2.00 each | Rules 6 & 16(1) |
| Transfer of Shares | $0.50 per share | Rule 19(7) |
| Transfer of Debentures | $2.00 | Rule 27(4a) |
| Physical Copy book of rules | maximum $5.00 | Rule 59(3) |
| Copy of Share Register | maximum $50.00 | Rule 61(1) |
Transfer of shares
A shareholder can request their shares to be transferred by nominating a person to take over the shares. Shares can also be transferred as per the Will of a deceased shareholder. To facilitate the transfer, the transfer fee and any outstanding annual fees, and the fee payable for the current financial year must be paid.
The Explanatory form must be signed and forawarded to Estonian House Co-operative Society Ltd with the completed transfer form.
Please note: Application for shares and transfer requests are to be approved by the Board as per Rule 5 and 7.
Completed forms can be scanned and emailed to sydneycoop@eesti.org.au or posted to 141-143 Campbell St Surry Hills NSW 2010 with payment.
- Bank details:
- BSB no: 062-016
- Acct no: 00908901
- Acct no: Estonian House Co-operative Society Ltd
- Reference: your full name
A PDF copy of The Co-operative Rules are freely available for members. Please email for a copy.