Supernova Coop made it to launching Cinema Nova into orbit until 2092 !
The Supernova Coop campaign raised the funds needed not only to purchase a long lease, but also to work on several major projects to improve the quality of the building and the cinema: renovation of the cinema roof, ventilation of the auditorium and new thermal and acoustic insulation.
The campaign started beginning of November 2023 expecting to raise the Є 794,000 needed to pay the long-term lease, registration fees, notary and administrative fees, campaign and also the first urgent renovation works.
After 4 months, Supernova had to reconsider certain costs, pushing the total expenditure to €833,700 (5% above the initial budget).
By the closure of the campaign in June 2024, Supernova Coop had raised €994,046, broken down as follows:
- 6150 € in start-up capital provided by the cooperative’s founders
- 300,000 € raised by a private call
- 676,400 € raised through public appeal
- 11496 € in donations.
Over 4000 cooperative members… from 1 to 99 years old !
Supernova Coop now counts 4263 members, 124 of whom are legal entities.
77% live in Brussels, 15,6% in the rest of Belgium and 7,4% abroad.
The youngest member of the cooperative is less than a year old, and the oldest is 99 ! 244 underage children have shares.
Individuals contributed 62% of the total amount raised by the public offering. On average, each member subscribed for 231,62 Є of shares.
The breakdown of shares subscribed through the public offering is approximately as follows:
- 4194 B shares of Є 50 each (58% of the total) subscribed by 4107 individuals and 87 legal entities.
- 182 C shares at Є 1,000 (42% of the total) subscribed by 145 individuals and 37 legal entities
Approximately 2644 individuals or legal entities have subscribed to a single B share at 50 Є (62% of the total) and 156 individuals to a single C share at 1000 Є (3,7% of the total), while 1550 individuals or legal entities have subscribed to several B shares and 26 individuals to several C shares.
