Big assumption that MA will buy the full allocation. His previous investment was very

cautious and included interest payments and the option of getting all his money back. With these ordinary shares he will have no such guarantees. Seems out of character.

Posted By: The Gaffer on January 27th 2023 at 10:47:00

Message Thread

Ok so this share allotment looks like an opportunity to increase attanasiio holding and ra (NCFC) - fal5taff, Jan 27, 10:28:45
- He would be very welcome to by my 87 shares (NCFC) - Kev, Jan 27, 17:52:06
  - buy... (n/m) (NCFC) - Kev, Jan 27, 17:52:54
- Will Mrs Attanassio get a seat on the Board? (n/m) (NCFC) - KevinBond, Jan 27, 11:40:16
- new shares i think : (NCFC) - fal5taff, Jan 27, 11:11:38
- They are existing but unalloted shares I believe? (NCFC) - Jim, Jan 27, 10:33:44
  - Shares representing a majority stake are worth more than those for a minority stake (NCFC) - mr carra, Jan 27, 11:07:14
  - Mick that hack reckons they’re worth £1 (n/m) (NCFC) - Duck, Jan 27, 11:07:01
    - Well that can't be right, can it? (n/m) (NCFC) - jamesward, Jan 27, 11:09:20
      - I think they're called £1 shares, but that's not their value (n/m) (NCFC) - jamesward, Jan 27, 11:09:50
        
        Yep nominal value £1, market value = what someone will pay (n/m) (NCFC) - KevinBond, Jan 27, 11:17:08
        
        Nominal value is £1 (NCFC) - SimonOTBC, Jan 27, 11:16:08
        
        The minimum you could issue them at, anyway (NCFC) - mr carra, Jan 27, 11:19:33
        
        obvs (NCFC) - SimonOTBC, Jan 27, 11:26:43
  - Big assumption that MA will buy the full allocation. His previous investment was very (NCFC) - The Gaffer, Jan 27, 10:47:00
    - But would this be a trigger event to convert … (NCFC) - loz, Jan 27, 10:55:55
    - I would be amazed if its not to him or to parties asscoiated with him (n/m) (NCFC) - Jim, Jan 27, 10:54:23
      - I tend to agree but not sure what he's seen in the club to make him go 'all in'. (n/m) (NCFC) - The Gaffer, Jan 27, 11:04:04
        
        Wagner wants to buy a player (n/m) (NCFC) - KevinBond, Jan 27, 11:18:29
  - If they’re existing, but I allocated, who, sort of, owns them? (n/m) (NCFC) - Augustus Pablo, Jan 27, 10:46:44
    - Un-allocated (n/m) (NCFC) - Augustus Pablo, Jan 27, 10:46:58
      - Perhaps i've got that wrong. Sorry. I thought there were some issued shares that had not (NCFC) - Jim, Jan 27, 11:03:26
        
        Would it not be a trigger event so … (NCFC) - loz, Jan 27, 11:28:53
        
        I thought they were cancelled in the changes made in autumn last year? (n/m) (NCFC) - SimonOTBC, Jan 27, 11:04:01
  - Once he is at 30% isn’t he compelled to offer … (NCFC) - loz, Jan 27, 10:39:10
    - Maybe. Don't know. (n/m) (NCFC) - Jim, Jan 27, 10:45:22
      - I think it would trigger it but perhaps not if the shares are not all alloted to one party (NCFC) - Jim, Jan 27, 10:54:56
        
        It's triggered by a shareholder going over 30% (n/m) (NCFC) - SimonOTBC, Jan 27, 10:58:34
        
        Not in private companies I don't think (n/m) (NCFC) - jamesward, Jan 27, 10:59:47
        
        Unless it is (n/m) (NCFC) - jamesward, Jan 27, 11:00:46
        
        This is a public company (NCFC) - SimonOTBC, Jan 27, 11:01:47
        
        Ah, OK, the Takeover Code does apply then (n/m) (NCFC) - jamesward, Jan 27, 11:05:39
        
        According to this (NCFC) - jamesward, Jan 27, 11:06:14
- *and raise money for the club (n/m) (NCFC) - fal5taff, Jan 27, 10:30:49

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