Shareholder question

[jg90]

How easy is it to become a shareholder within the club and how much would you be looking at the minmum to put in ?

[finisterre]

I've often wondered that too.

[The Town Crier]

 

 

One English pound per share, we would like to sell a minimum of 100, but, realize that they would make good presents and a more acceptable level as a present would be, perhaps £25.

 

We have around half a million full shares available for sale

 

[finisterre]

Are we allowed to know how many shares there are in total? (not that I'm planning a take-over!)

 

It would be nice to work out what percentage of the club I'd own.

[The Town Crier]

 

When I took over there were 100,000 issued shares, I purchased 55,000 to take majority control.

 

But it soon became clear that as I was clearing debts, writs, and funding building work that the balance sheet looked awful, IE on paper, the club had massive debts, albeit they were to Sharon and I, and we did not expect to be repaid.

 

So we changed the mem's & arts, and increased the allowable share capital to 1 million, I then converted my debt into shares which meant the nett worth increased, giving us an acceptable balance sheet, and the debt disappeared

 

[Johnr]

T.C.

Can you arrange a couple of applicaton forms for the shares for Thursday night?

 

[thereturn]

could I ask what the next highest share holder holds ?

[jg90]

Could i acquire a form to be sent in the post as im seriously thinking about putting a bit of money into Ricay!

 

Is there any perks to being a shareholder?

 

So its a £ per 1 share.