Share Capital Query
Thomasl1
Registered Posts: 43 Regular contributor ⭐
Hello everyone,
I have a query, dunno if anyone can help with this.
I have a client at the moment which is a limited company by shares. There are 100 ordinary £1 shares. The two directors own 35 shares each and a separate shareholder owns 30 shares. The two directors want to invest £30k each into the company as increase share capital. If the third shareholder cannot invest £30k also, how would their shares reflect? Would their share capital in essence decrease from 30% to less than 1%? If so what veto powers would the shareholder have?
Any help would be appreciated.
Cheers
Steve
I have a query, dunno if anyone can help with this.
I have a client at the moment which is a limited company by shares. There are 100 ordinary £1 shares. The two directors own 35 shares each and a separate shareholder owns 30 shares. The two directors want to invest £30k each into the company as increase share capital. If the third shareholder cannot invest £30k also, how would their shares reflect? Would their share capital in essence decrease from 30% to less than 1%? If so what veto powers would the shareholder have?
Any help would be appreciated.
Cheers
Steve
0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 319 NEW! Qualifications 2022
- 157 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 92 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 272 VAT
- 92 Software
- 274 Tax
- 136 Bookkeeping
- 7.2K General accounting discussion
- 201 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership