I think we can pretty much guarantee it.Sluffy wrote:
I'm sure Bob will set me right if I've got any of the above wrong.

Go to page : 1, 2, 3, 4
I think we can pretty much guarantee it.Sluffy wrote:
I'm sure Bob will set me right if I've got any of the above wrong.
boltonbonce wrote:I think we can pretty much guarantee it.Sluffy wrote:
I'm sure Bob will set me right if I've got any of the above wrong.
Sluffy wrote:Interesting, thanks BTID.
Seems Sharon shares have gone down by 250,000
Michael James remaing the same.
Jeff Thomas selling all his holding of 500,000
Nick Luckock remaing the same
And the Company (Football Ventures (Whites) Ltd) buying back the 'sold' 750,000 shares to hold that number in its name.
FV (Whites) Ltd being owned of course by its shareholders being
Nick Luckock with 1,500,000 shares
Sharon with 1,250,000
and Mike James with 500,000.
So they would therefore be in effect the owners of the 750,000 shares held by FV (Whites)
The total number of shares adds up to £4m at £1 per share issue price.
At that point I become out of my depth on this as on the 6th Sept, 2019 the statement of Capital following share allocation to be only £2,750,000 and I can't see where share allocation increased to £4m as shown in the 21st January, 2020 confirmation statement?
My simple understanding from the updated confirmation statement registered at todays date at Companies House is that there are £4m 'A' shares at £1 each and are currently owned as stated.
There are 'B' shares issued in the company but I think(?) they don't confer voting rights.
I'm sure Bob will set me right if I've got any of the above wrong.
In reality it amounts to £2m for the shares with Sharon now owning 62.5%, Mike James 25% and Nick Luckock 12.5%. It would have been an absolute steal if there wasn't the ongoing deficit to fund and some debt to re-structure but that will be funded by borrowings secured on the assets paid for by Eddie.Sluffy wrote:
Ah, right, I see where I've gone wrong (thanks Bob), I'd mis-read Luckock's shareholding which should have been 250,000 - which accounts for me totaling the total shareholding to be £4m when of course it should have remained at £2,750,000.
Easy to make mistakes, even when you try your best not to.
However unlike some, there is no shame in admitting to a genuine error, in real life or even on social media!
Go to page : 1, 2, 3, 4
Similar topics
Permissions in this forum:
You can reply to topics in this forum