Question about shares

I know of a small company which has recently increased its share capital ve ry slightly by creating 100 shares at 1p each to two people which have no v oting rights and only a discretionary right to dividends. The two people ha ve got essentially the same sort of shares but in different "classes".
Whey would anyone want to sell - or buy - such a thing? The new shareholder s aren't directors or even employees as far as I can tell.
My only thought is that it might be a sneaky way to pass money to people wi thout involving NIC or possibly VAT on services.
Or could there be some other reason?
I don't think I should publish the name of the company here, but will if so meone asks me privately.
Reply to
toadwarble

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.