Yes. The acquisition of equity or shares cannot be partial, so you can only convert outstanding capital corresponding to a whole multiple of the share value.
For example, in the case of the Biovilla project, if the investor has loaned 2.200€ to the promoter, the investor can convert 2.000€ of the invested capital into 4 Biovilla shares, at the price of 500€ each. The investor will then become a shareholder of the cooperative, holding 2.000€ of its capital. The remaining 200€ will continue to be considered as outstanding capital, to be repaid according to the payment plan previously stipulated in the, initially signed, loan agreement.
GoParity is an impact investment platform that connects companies looking to finance their sustainable projects, with individuals and entities who want to invest sustainably. We are growing, both in terms of size and impact generated. We were born in Portugal in 2017, but have since then financed projects and grown a large community of investors all around the world.
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Part or all of your original invested capital may be at risk and the return on your investment depends on the success of the project invested in. Consider all risks before investing and read the Key Investment Information Sheet (KIIS) for each investment, available at www.goparity.com. Power Parity, SA is a crowdlending platform authorized and supervised by CMVM (Portuguese Securities Commission). All payments, transfers and funds collection are assured by MangoPay SA, an electronic payments institution authorized and supervised by CSFF (Luxembourg Financial Authority) under the nº 8711.