What personal data is collected?
During a share issue or bond issue, you may apply to become a shareholder or bondholder of Thrive Renewables plc or the relevant subsidiary offering the Bond (in this policy, shareholders and bondholders are referred to as “Investors”). You will need to fill out an application form which you can obtain through the promoter of our share issue or bond issue or our receiving agent. The application form will ask for your personal details including your name, contact information, date of birth, country of birth, nationality, bank account details and other relevant eligibility and anti-money laundering information.
What is it used for?
The information gathered through the application form is used to process your application. The lawful basis for processing any personal data comprising your application is to enable us to assess whether you satisfy the suitability criteria to become a shareholder or bondholder, before entering into a contract for the provision of shares and/or bonds in Thrive or the relevant subsidiary.
If your application is successful, the information you provide is used to include you within our list of Investors, to create and issue the legal documents which record your ownership of the shares or bonds, to perform our legal and contractual obligations to you as an Investor, to send you information about your investment and to provide you with any dividends or interest that become due. The lawful basis for this processing of your personal data is to enable us to perform our obligations at law and within the contract between us and you as one of our Investors.
As part of the application process, we will usually ask whether you’d like us to send information about your current investment, new investment opportunities, events, renewables news and views (News). If we do not ask for your consent as part of the application process, we will we assume that all successful applicants will want to receive News from us. You will be able to tell us, on the application form or at any time subsequently, that you do not wish to receive News from us. If we send any News to you as an Investor that is not required by law or the contract between us and you and which you have not expressly asked us to send, the lawful basis for this processing is legitimate interests. We believe our Investors will want to receive relevant information relating to Thrive and its group companies and their investment, as well as further investment opportunities. This enables us to keep our Investors fully informed and to deliver our business objectives. Where you have expressly consented to the receipt of such information, the lawful basis is consent.
Who is my person data shared with and what do they use it for?
We appoint a promoter to describe and promote each investment opportunity we make available, a receiving agent to receive and manage investment applications, a registrar to record successful applications, maintain our Investor database and administer our Investor communications and a company secretary to update relevant information which we are required to keep by law in relation to our Investors. The receiving agent that we appoint in relation to a share issue or bond issue is the data controller of personal data which you provide when you submit an application for shares or bonds. Please read section 15 in relation to personal data which is collected by the receiving agent. Thrive or Buchan is the data controller of personal data which Thrive, Buchan or their registrar receives from the receiving agent. In all other respects, each of these service providers referred to above will receive some or all of your personal data but they will only use it for the purposes described above.
Personal data regarding our Investors and their applications which is held by Thrive or one of its group companies may also be disclosed to or accessible by our third party IT providers as set in paragraph 11 of this policy.