AS EGCC has issued four types of shares: A, B, C and D.  A description of the different share types can be seen below.
AS EGCC has issued 1400 playing rights in total.
A shareholder has a lifelong playing right on the golf courses of AS EGCC.
The playing right can also be rented to another player.
To enjoy the playing right, attached to ownership of a share, the shareholder shall pay an annual golf course maintenance fee (the amount of the fee shall be established annually by the board of the golf club), see the maintenance fee amounts below. The payment of the maintenance fee is not required if the shareholder does not make use of his/her playing right.
If the maintenance fee has been paid, the number of games is unlimited for the current year.

The types of shares of AS EGCC:
A-share or share for a private person
• Playing right (1250 €) can be exchanged for 25 Sea Course voucher (18 holes) per year.
• Playing right for one named person.
• The shareholder is entitled to bring one guest at a 50% discount on the green fee.

B-share or family share
• Playing right (1250 €) can be exchanged for 25 Sea Course voucher (18 holes) per year.
• Two named playing rights and the right to bring two guests at 50% discount on the green fees.

C-share or small business share
• Playing right (1250 €) can be exchanged for 25 Sea Course voucher (18 holes) per year.
• Two playing rights for four named users.
• Gives the playing right to two named players a day (if maintenance fees are paid).
• Right to bring two guests at 50% discount on the green fees.

D-share or large business share
• Playing right (1250 €) can be exchanged for 25 Sea Course voucher (18 holes) per year.
• Four playing rights for eight named users.
• Gives the playing right to four named players a day (if maintenance fees are paid).
• Right to bring four guests at 50% discount on the green fee.
 

Alternative financial investment

This investment may be regarded as a financial investment.
The purchaser of the shares acquires an opportunity to exchange them for single day tickets.
It can be compared with coupons paid in case of bills of exchange or dividends paid in case of shares.
In such case, the shareholder shall pay the annual maintenance fee of the golf course.
At the same time, this investment enables the purchaser to profit if and when the share price increases.
The shares of the golf club are not freely negotiable on the market, although they are freely transferable.
The practice of other golf clubs around the world will suggest that in the course of time the price of shares will increase,
due to the great demand for the shares.

If you are interested in AS EGCC shares or playing rights, feel free to contact us:

E-mail: hanno[at]egcc.ee
Tel: +372 511 1192