Well if he buys Foulgers 18% and another £10m he will have a decent %
Don’t know what they will be valuing the current shares at.
There are currently ordinary 617,000 shares issued of which Delia and MWJ own £327,109.
Foulger owns 98,200.
Each have some preference shares as well not sure how they impact on the figures.
The club were at one point attributing a value of £100 per share when trading so if that remains the case £10m would get him 100,000 shares. If on top of Foulgers holding that would be 198,200 out of 717,000 so 27.6%.
D&M would have 45.6% so yes you are right it would take them below 50% so maybe there will be some manoeuvring somewhere to keep them at the 50.1% mark.
Posted By: Jim on August 22nd 2022 at 08:49:17
Message Thread
- One of the resolutions is creating shares to the value of ten million … (NCFC) - loz, Aug 22, 08:01:32
- Someone posted on the pinkun he is supposedly initially investing £10m (n/m) (NCFC) - Jim, Aug 22, 08:08:09
- I wonder if the timing of this event is significant? (NCFC) - Henclrikus, Aug 22, 11:13:09
- Not seen this yet (NCFC) - JoeyDeacon, Aug 22, 08:04:30
- Mmm dilution (NCFC) - camcan, Aug 22, 08:07:08
- The new shares are C preference shares apparently (n/m) (NCFC) - Jim, Aug 22, 09:46:33
- That's going to be messy (n/m) (NCFC) - camcan, Aug 22, 09:51:44
- Why? Maybe I’m oversimplifying…. (NCFC) - SimonOTBC, Aug 22, 12:41:19
- That's going to be messy (n/m) (NCFC) - camcan, Aug 22, 09:51:44
- Two beans and two beans equals (NCFC) - Cardiff Canary, Aug 22, 09:20:34
- Well if he buys Foulgers 18% and another £10m he will have a decent % (NCFC) - Jim, Aug 22, 08:49:17
- It certainly feels like there's a shift going on (NCFC) - camcan, Aug 22, 09:16:45
- I’ve also read that Attanasio is purchasing … (NCFC) - loz, Aug 22, 09:07:25
- Wouldn’t any dilution take D&M below 50%? (n/m) (NCFC) - jamesward, Aug 22, 08:33:19
- See above, they are C preference shares so possibly not which is probably the (NCFC) - Jim, Aug 22, 09:51:03
- That’s the worry isn’t it ffs (n/m) (NCFC) - loz, Aug 22, 09:54:18
- Its a way of bringing in investment but with no dilution of control which` (NCFC) - Jim, Aug 22, 10:07:05
- Your insistence that D&M don't want to give up control (NCFC) - Henclrikus, Aug 22, 11:30:34
- Probably driven by him tbf (NCFC) - CWC, Aug 22, 11:11:29
- Maybe it’s seen as a way Attanassio can earn their trust?? (n/m) (NCFC) - loz, Aug 22, 10:09:01
- Well yes (NCFC) - Cardiff Canary, Aug 22, 10:56:56
- Its a way of bringing in investment but with no dilution of control which` (NCFC) - Jim, Aug 22, 10:07:05
- That’s the worry isn’t it ffs (n/m) (NCFC) - loz, Aug 22, 09:54:18
- No (NCFC) - Pbullard, Aug 22, 09:42:36
- Exactly (NCFC) - camcan, Aug 22, 08:51:42
- are we now following the ipswich model? (NCFC) - Tombs, Aug 22, 09:17:20
- See above, they are C preference shares so possibly not which is probably the (NCFC) - Jim, Aug 22, 09:51:03
- The new shares are C preference shares apparently (n/m) (NCFC) - Jim, Aug 22, 09:46:33
- Haven’t had my Letter yet but … (NCFC) - loz, Aug 22, 08:06:08
- Mmm dilution (NCFC) - camcan, Aug 22, 08:07:08
- Someone posted on the pinkun he is supposedly initially investing £10m (n/m) (NCFC) - Jim, Aug 22, 08:08:09
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