Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Dead line day tomorrow π€ͺ
Here's my example" I am the major shareholder in my company'i delist from the Stock market"do not pay any dividends "submit my accounts once a year and pay myself as much as I want'do what I want with my company without any scrutiny (apart from HMRC) Why would I want to purchase any more shares?
Was told directors were not getting paid "Dg has had Β£180k in the last 2 years
I have tried to sell them every month for years:No one wants to buy them 'Why would they when the Directors of RUSPETRO hold the majority of shares"and can pay themselves and do what they like with the company"Even if they ask for a vote on anything (which they wont) they will win that vote every time "Why would Superdry Relist after going private? After delisted Jd will be the major shareholder and can do what he wants/likes All he has to do is yearly accounts "Not pay dividends "but put all the profit in his pocket or back into the company
Stock"I think you will have difficulties in selling your shares if it is taken private"Why would anyone want to purchase your shares as once private "they can do what they like without market rules:I have a RUSPETRO share certificate and have tried to sell them for years without success