share allocation

Jun 14, 2004 3 Replies

hi



Is it in anyway possible to allocate or buy shares into a limited company where someone always owned a fixed percentage of the present total number of shares?



thanks


You mean they have a "non-dilution" agreement? Does this not mean that if the company issues more shares (for you to buy) then the the non-diluatable person must get issued with some as well to keep their % up?

I had such a NDA once when i worked for a small limikted company, but it proved to be worthless because the 'big investor', who subsequently arrived on the scene, insisted the NDA be terminated as a condition of them putting money into the company.

Robert

"Robert" wrote

Worthless? Didn't they pay you to relinquish your rights??

Yes, I got to keep my job :-)

R

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