Hastings Pier shares deadline is extended

Proposed renovated pier Hastings Pier is being rebuilt with £14m of money raised mainly through the Heritage Lottery Fund

Related Stories

The deadline to buy shares in Hastings Pier has been extended so more money can be raised for the Grade II listed structure's restoration.

More than £170,000 worth of shares - at £100 each - have been sold since October, £30,000 short of Hastings Pier Charity's minimum target.

The share offer was due to close on 4 January but it has now been put back to 5 April.

The 140-year-old pier is being rebuilt following a severe fire in 2010.

The majority of the £14m needed to restore the structure has come through the Heritage Lottery Fund but Hastings Pier Charity hopes a further £500,000 can be raised by selling shares.

Simon Opie, CEO of the Hastings Pier Charity, said: "We've already raised well over £170,000 and the huge majority of that is local investors and small sums, but we need around £500,000 to finish the building and put visitor attractions on to the pier."

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

BBC Sussex



Min. Night 17 °C


  • picture frame and candlesRental chic

    How your landlord could soon be a corporate brand

  • Nigel Farage (left) and Douglas CarswellWho's next?

    The Tory MPs being tipped to follow Carswell to UKIP

  • A painting of the White House on fire by Tom FreemanFinders keepers

    The odd objects looted by the British from Washington in 1814

  • President Barack Obama pauses during a press conference on 28 August.'No strategy'

    Obama's gaffe on Islamic State reveals political truth

  • Chris and Regina Catrambone with their daughter Maria LuisaSOS

    The millionaires who rescue people at sea

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.