Presumably you divide the amount being put in by the estimated value per share?
So for example if someone was going to inject £5,000,000 and the value of a share was estimated to be, say, £17.20 then you would allocate them 290,698 shares.
The calculation is probably a bit more complex but I'm guessing that's the general principle.
Posted By: mr carra on January 27th 2023 at 09:32:35
Message Thread
- 194,000 shares being allocated (NCFC) - Duck, Jan 27, 09:21:27
- Have any shareholders received the notice yet? (NCFC) - SimonOTBC, Jan 27, 09:43:30
- Letter in the post this morning (NCFC) - Duck, Jan 27, 09:48:32
- Would this be a trigger event for the 10million c shares to be converted ? (n/m) (NCFC) - loz, Jan 27, 09:35:01
- Pardon my ignorance but who gets to buy these shares? (NCFC) - delia_s, Jan 27, 09:30:47
- 9 (n/m) (NCFC) - norwaay, Jan 27, 09:29:16
- 194,512 to be exact. What a weird number (n/m) (NCFC) - trt354, Jan 27, 09:23:20
- Presumably you divide the amount being put in by the estimated value per share? (NCFC) - mr carra, Jan 27, 09:32:35
- They value the shares at £100, or at least they have been (n/m) (NCFC) - Jim, Jan 27, 10:18:32
- Presumably you divide the amount being put in by the estimated value per share? (NCFC) - mr carra, Jan 27, 09:32:35
- Are they ordinary shares or c shares ? (n/m) (NCFC) - loz, Jan 27, 09:23:04
- The prefs were all issued in September (n/m) (NCFC) - SimonOTBC, Jan 27, 09:32:36
- Ordinary (n/m) (NCFC) - trt354, Jan 27, 09:30:45
- Have any shareholders received the notice yet? (NCFC) - SimonOTBC, Jan 27, 09:43:30
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