You can sell your certificates 24 months after the first sharefunding round closes. Until then, there will be a time lock on your share certificates which prevents the sale.
After 24 months, you can sell your certificates in Eyeventure's marketplace hosted on the Eyevestor platform. In this marketplace, you can both sell and buy shares.
As a seller, you can determine the selling price of your certificates. However, this price depends on the spread decided by the cooperative. This spread is a certain percentage above or below the market value of the last ECO round. This spread is in place to protect investors against the sudden dumping of shares at unreasonably low prices.
For example, in the last ECO round the shares were sold at €10. A few months later, when the marketplace opens, the board decides on a spread of 20%. Investors can then offer their certificates within the range of €8 to €12 in the marketplace.
It's important to note that the actual process and specific details of selling shares may be subject to the terms and conditions set by the cooperative and the Eyevestor platform. It's advisable to refer to the platform's guidelines or seek assistance from the platform's support team for precise instructions on how to sell your shares.