Confirming share allocation - UK company.

- T
- Toby
  
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posted
16 years ago

Fri, Nov 30, 2007 12:11 PM

Hi - firstly, I apologise for my ignorance and the need for this post....but this is not my field. As you'll see...

I work for a UK Private Limited Company and hold a number of 'A' shares and a number of 'B' shares. So I have two questions:

Although I have no reason to doubt my allocated shares, how can I actually confirm this? Is this something Companies House would hold?

In terms of overall value, is there any real difference between A and B shares?

In respect of question 2, the company issued B shares to avoid having to buy back and re-allocate the existing A shares. I'm told my overall percentage stake is the total of A + B shares.

Thanks

- T
- Terry Harper
  
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posted
16 years ago

Sat, Dec 8, 2007 10:14 PM

The information should be on the company file at Companies House

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and you can obtain a shareholders' register from them. There could be voting rights attached to the A-shares and not the B-shares. That is something you need to check on. It has been used in the past as a way of the family retaining control, for example.

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- PeterSaxton
  
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posted
16 years ago

Sun, Dec 9, 2007 5:29 PM

Do you have a share certificate?

Ask for a list of shareholders.

It depends on many factors. They will have different rights usually.

What does that mean? Your overall percentage stake is the nominal value of your shares divided by the nominal value of all the shares multipled by 100.